Regions
CAPREIT Lands $77M Refi for Midwest Portfolio
The assets include The Kensington at Beverly Hills in Michigan, Valle Vista Armes Apartments in Indiana, Greenway Chase Apartments in Missouri and Pointe West Apartments in Iowa.
Koreatown’s The View Changes Hands
MWest Holdings acquired the 168-unit luxury asset from CIM Group, which had owned it for more than five years, shortly after it underwent a $25.5 million redevelopment.
Richman Group Sells Denver Apartments for $112M
The purchase of Infinity LoHi marks the highest price per unit in metro Denver this year, at $409,340. The property offers a pool, fitness center and pet spa, among other luxury amenities.
Seattle Community Opens its Doors
The 226-unit luxury community, developed by LMC, is fully integrated and offers smart-home technology, as well as also pursuing LEED Gold certification.
DC Condo Asset Receives $35M Construction Loan
HFF represented the borrower, a partnership that intends to use the financing for the development of a 99-unit low-rise in the NoMa submarket.
Phoenix-Area Portfolio Trades for $67M
TruAmerica Multifamily has expanded its presence in Arizona’s capital with the purchase of a 472-unit portfolio in Tempe.
On the Market: 5 Interesting Listings for the Week of 12/17
This week’s listings include a Fort Lauderdale-area property situated in an IRS-designated Opportunity Zone, a turn-key luxury investment in Richmond, Va., and more.
Phoenix Plays to Its Strengths
Positive demographic trends and one of the most active economies in the U.S. continue to support growth in the metro’s multifamily market.
Arbor Realty Trust Hires New EVP, CTO
Howard Leiner has stepped up as the company’s newest executive, after occupying various technology positions with Goldman Sachs and Deutsche Bank.
Inspiring the Team
How Western National Property Management uses creativity and a pinch of fun to keep its people motivated, challenged and happy.