Market Rate
New Jersey Community Wins $73M in Financing
Vermella Harrison is a newly built, 398-unit community providing easy access into Manhattan.
Kennedy Wilson Buys Big on CA Coast
A 386-unit community adjacent to the Cal State University campus in Camarillo, Calif., fetched $81 million.
Avesta Ploughs $27M into Orlando
Newly renamed Avesta Winter Park, the 368-unit property will get a multimilllion-dollar makeover.
Marcus & Millichap’s IPA Sells 21-Property Portfolio
The properties consist of 5,995 units spanning five states.
Boston-Area Community Commands $40M
The 220-unit Andover Place was completed in 1989 and last changed hands two years ago for a little less than $38 million.
HFF Secures $30M in Financing for Broadway Place
Virtú Investments acquired a Class B community in Eugene, Ore.
Blackstone Finalizing Deal to Buy Kips Bay Court for $620M
The buyer in last year’s largest New York City multifamily transaction will also top this year’s charts when the deal closes.
HFF Arranges $65M Financing in Austin
Toronto-based Starlight Investments acquired the two Class A, garden-style communities in west Austin.
Steadfast REIT Grows in Peachtree State
The non-traded multifamily REIT sponsored by the private investment company paid about $56 million for a freshly renovated garden-style community in Marietta, Ga.
CIM Starts Building Downtown L.A. Tower
The project will deliver 525 units in the city’s popular South Park district.