Market Rate
Rock Apartment Advisors Closes $40M in Sales in AL
The brokerage firm facilitated the sale of two multifamily properties that marked the first acquisitions for the buyers in Huntsville and Auburn, Ala.
Greysteel Selected to Sell 116-Unit Cedar Square in Dallas
Greysteel is marketing Cedar Square Apartments, a community located in the developing North Oak Cliff neighborhood.
L5 Investments Makes $23M Debut in Richmond
The multifamily investment firm and its partner have made its first acquisition in Virginia, with plans to complete a more than $2.6 million renovation of the property.
Allied Orion to Manage 573-Unit Denver Community
New owner Arel Capital has chosen the Houston-based firm for the 32-acre Spyglass Hill Apartments.
Long Beach High-Rise Completed by C.W. Driver
Designed to comply with LEED Silver certification requirements, the $70 million project brings market rate apartments in a high-end amenity environment.
Westlake Multifamily Asset Set for Overhaul Following Acquisition
Westlake is a traditionally lower-rated area of Central L.A. that new owner Massie Capital hopes will catch up in terms of rent rates.
On the Market: 5 Interesting CRE Listings for the Week of 6/20
This week’s most interesting CRE listings feature a property with ocean views in Pacific Palisades, Calif., and a North Las Vegas community that’s seeing double with two pools and two spas.
Gelt Gets Busy in LA County
The firm recently acquired a 2.4-acre site to develop a new community and an existing property that it plans to give a major renovation.
464-Unit Atlanta Community Trades for $69M
Toronto-headquartered Sutter Hill acquired the 38-acre District at Vinings with plans for as much as $7 million in renovations.
RADCO Picks Up Atlanta Metro Community for $32M
The developer plans to spend about $4 million on capital improvements to the 324-unit community.