Market Rate
Stillwater Launches Dallas Project
Featuring 336 units, The Crosby is being developed in Dallas’ Deep Ellum submarket, and will include 3,000 square feet of co-working space.
Chinese Investor Seals SoCal Deal
Gemdale USA paid $46 million for an asset north of L.A. in the Santa Clarita Valley.
29th Street Capital Expands Sacramento Footprint
Located at 2081 West La Loma Drive, Sycamore Square Apartments is a 140-unit multifamily community which will be subject to a $1.2 million renovation program.
Phoenix Apartments Command $110M
Knightvest Capital acquired the asset for the second-highest price recorded for a multifamily property in Arizona.
Wood Partners Breaks Ground in Oakland
Scheduled to open in the fall of 2019, the 140-unit project will be located near the heart of the city’s business district.
JLL Closes Sale of Class B Community in The Alamo
The property is located near North Star Mall and Alamo Quarry and has a unit mix comprising studios and one-, two- and three-bedroom floorplans.
C&W Arranges Sale of 11-Story AL Community
Multifamily Management Inc. sold the 147-unit property in Mobile, Ala. The pet-friendly asset features amenities like a 24-hour fitness center and movie theater.
Jackson Square Properties Buys $45M WA Community
With this acquisition, Jackson Square Properties expands its already significant multifamily portfolio in Vancouver, Wash.
Continental Partners Arranges $38M for 4 LA Deals
Working on behalf of four different sponsors, the company was able to secure financing for 12 properties totaling 210 units.
On the Market: 5 Interesting Listings for January
This month’s multifamily listings include a community in Vancouver’s Kitsilano neighborhood, apartments overlooking Biscayne Bay in Miami Beach and an asset located within a highly dense urban center in Pembroke Pines, Fla.