Regions
Hamilton Zanze Trades ABQ Community
Thayer Manca Residential acquired the 264-unit Class B community, with Zions Bank providing more than $25 million in acquisition financing.
What’s on Residents’ Wish Lists?
Everything from an indoor heated pool to a dry cleaning service topped residents’ wish lists this holiday season, in this month’s survey from MHN and Kingsley Associates.
Harbor Group-Led JV Buys NY High-Rise for $260M
HFF marketed the 40-story luxury tower in Westchester County exclusively on behalf of the seller, Boston-based DSF Group.
HFO Investment Real Estate Brokers Portland Communities
MG Properties Group paid $60.5 million for Westview Heights, a 197-unit asset located in the city’s Bethany neighborhood. The 172-unit Binford Garden Townhomes commanded $30.8 million.
JV Breaks Ground on SF Student Housing Project
In addition to the new student community—a public-private partnership of SF State and the developers—the university will open a four-story academic building totaling 76,000 square feet.
Housing Stock Lags Demand
Freddie Mac has released a report revealing that the short supply of new single-family homes could impact the multifamily market in years to come.
Detroit Keeps Its Composure
Multifamily investors continue to focus on suburban Class B and Class C assets, with acquisition yields hitting double digits.
TA Realty Pays $138M for Orange County Asset
Seacrest is one of only four properties with more than 100 units in San Clemente, Calif. The asset changed hands with help from CBRE.
South OC Community Trades for $93M
TH Real Estate is the new owner of Avana San Clemente, a 250-unit property. The 17-building asset last traded three years ago.
HFF Arranges $41M San Francisco-Area Portfolio Sale
The properties include Atherton, Brewster Ames, Tivoli Gardens and Lancaster Arms, totaling 201 units. At the time of the sale, the communities averaged a 97 percent occupancy.