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Greater Phoenix Community Commands $35M
Aukum Group sold the 168-unit property, which provides easy access to the Scottsdale Airpark, the Kierland Employment Corridor and South Scottsdale. IPA represented the seller and procured the buyer.
Q&A: How Venn Is Reinventing Neighborhoods
Or Bokobza, co-founder & CEO of the Israeli proptech startup, talks about the firm’s business model after scoring $40 million in funding from backers including the New York State Common Retirement Fund.
KY Community Trades for $14M
Vazza Real Estate Group purchased the 292-unit multifamily property in Louisville, with HFF securing acquisition financing through Starwood Mortgage Capital.
Tampa Rental Property Commands $60M
Axonic Properties acquired the asset from Sachs Cos. for the equivalent of $170,624 per unit, with JBM Institutional Multifamily Advisors facilitating the deal.
HFF Arranges $46M Fannie Mae Loan for Denver Community
Griffis Residential used the financing to acquire Talavera Apartments, where it plans substantial upgrades to everything from unit interiors to overall management and service.
Top 5 Multifamily Developments in Kansas City
Following a sizeable number of completions in the past year, developers are moving forward with a number of projects targeting the metro’s high-growth submarkets.
Berkshire Residential Buys Houston Community
The sale of the 276-unit Vargos on the Lake marks the first time the property changed hands since it came online in 2015.
NorthMarq Arranges Refi for Cincinnati’s Lytle Tower
Senior Vice President Noah Juran negotiated the loan on behalf of Rookwood Properties, the owner of the 11-story Lytle Tower.
Canada Catches Co-Living Fever as Common, Node Move In
The U.S. and international brands are separately making their first forays into the country, announcing they will bring their shared living offerings to Ontario.
California’s Apartment Industry Eyes Wildfire Recovery Plan
As wildfire season approaches, state legislators are considering a comprehensive package, including a fund that would help keep utilities financially stable after major fires.