Regions
MAXX Properties Expands Holdings in Las Vegas Area
Villas at Green Valley, a 609-unit community in Henderson, Nev., is the company’s fifth property in the Las Vegas market and its largest multifamily acquisition to date in terms of size and invested capital.
Indianapolis Multifamily Report – Spring 2019
Apartment demand remained relatively healthy in the metro, with year-over-year rent growth at 3.2 percent as of March—on par with the U.S. average.
In the Limelight: Student Housing Investments
The Annex Group’s CEO Kyle Bach and COO Tom Tomaszewski share their views on the trends impacting student housing. Bach discusses the challenges developers face in this expanding market.
Berkadia Brokers Sale of 261 Units in the Midwest
The company’s Chicago investment sales team facilitated two deals involving the 128-unit Franklin Park Apartments in Milwaukee and Highland Pointe, a 133-unit multifamily property in Indianapolis.
Affordable KTGY-Designed Property Opens in the Bay Area
Pauline Weaver Senior Apartments includes 90 units. Eden Housing is the developer of the age-restricted community in the Warm Springs area of Fremont, Calif.
Tower 16 Capital Partners Buys Inland Empire Community for $63M
The value-add investment and management firm purchased the 352-unit asset in Colton, Calif., from FPA Multifamily and will invest an additional $4 million in renovations and upgrades.
Student Housing Portfolio Lands $92M Loan
Aspen Heights and Safanad secured the financing for three properties totaling 1,653 beds in Iowa, Texas and South Carolina.
Advenir Secures $191M for Three-State Portfolio
The investment firm acquired six residential communities totaling 1,843 units in Alabama, Colorado and Texas. HFF arranged the financing in the deal.
Boston-Area Community Lands $30M Financing
Working on behalf of Forest Properties, American Street Capital arranged the loan for the 111-unit Barclay on Beacon in Brookline, Mass.
Portland Community Trades for $14M
Since acquiring the property in 2016, Pathfinder has made various renovations including new landscaping, corridors, new interior lobby, light fixtures, artwork and a new dog park.