Regions
Blackstone Sells $40M Phoenix Asset
TH Real Estate acquired the 240-unit multifamily asset, securing $40 million in revenue bond financing from Maricopa County’s Industrial Development Authority.
NKF Closes $220M Student Housing Assets Sale
Ryan Lang, Brandon Buell and Jack Brett are part of the team that represented the sellers in the transactions.
Security Properties JV Sells Seattle Community for $150M
A private investor—with financing from New York Life Insurance Co.—acquired the 309-unit luxury multifamily asset, which welcomed its first residents in 2017.
Decron Properties Buys San Jose Apartments
The partially affordable property last changed hands in 2012, when Greystar purchased the 208-unit community from Invesco for nearly $60 million.
Top 5 Communities Under Construction in Sacramento
With more than 5,500 projects underway—including the city’s largest in several decades—and strong employment gains, Sacramento remains a hot multifamily market.
NYC Healthcare Facility Secures $24M Refi
The 200-bed Eastchester Rehab & Health Care Center will use a portion of the proceeds for renovations to the facility.
Aura Properties Breaks Ground on MA Mixed-Use Project
The company is developing the five-story, 42,000-square-foot building in Brookline, with a completion date scheduled for next August.
JVM Completes Renovation in Indianapolis
The community underwent major renovations, including a new pet-washing station, an upgraded fitness center, a coworking lounge, a redesigned clubhouse and new furniture for the pool.
Canyon Partners Acquires LA-Area Property
The firm has expanded its portfolio with the 153-unit Fountain View Apartments in Long Beach, Calif. MHE Real Estate sold the property for $36.5 million.
Prism Multifamily Buys Las Vegas Portfolio
The four Class A and Class B communities add up to almost 500 units and commanded a price tag of nearly $47 million.