Regions

On the Market: 5 Interesting Listings for the Week of 6/25

This week’s listings include an heirloom property near Roxbury Park and Century City in Beverly Hills, a community in the heart of Texas that is primed for Fannie or Freddie green financing, and more.

Marcus & Millichap Facilitates Southern CA Sales via 1031 Exchanges

Located in Anaheim and Oceanside, the four communities changed hands for $67.7 million combined. Tyler Leeson and Drew Holden represented the sellers and also procured the buyers.

CBRE Arranges Affordable CO Sale

Dan Woodward, David Potarf, Matthew Barnett and Jake Young represented the seller. The Romero Group manages the property located within Willits Town center, a 360,000-square-foot mixed-use development.

Laura Calugar

Common Marketing Errors Property Managers Should Avoid

Marketing should be a rational, well-considered and calculated process, so even the most experienced property management marketers may need to be aware of several frequent mistakes they might be making.

Dominium Secures $96M for Twin Cities Affordable Housing

When completed, the former Weyerhaeuser lumber site in St. Paul, Minn., will include 241 units for seniors and 121 units for families.

Security Properties Nabs Puget Sound Apartments for $54M

The company, along with a university endowment, purchased Marq on Martin, a 248-unit property in Lacey, Wash.

Top 4 Multifamily Interior Design Trends

With the increase in home décor/renovation shows and influencers on social media, more people are being exposed to high-end design, which is what they are expecting in multifamily communities.  

US Multifamily Supply & Demand Forecasts by Metro

Some of the top 30 U.S. metros over the next five years might be at risk of oversupply—while others might need new units.

Greystar JV to Expand London Student Housing Portfolio

The firm has partnered in a $461.6 million equity investment strategy along with PSP Investments of Canada and Allianz Real Estate to grow Chapter. The joint venture plans to add 10,000 beds in the next five years.

Sun Wood Apartments

Western Wealth Completes 40th Acquisition in Phoenix

The Canadian firm expanded its Arizona portfolio with the acquisition of Sun Wood, a 220-unit age-restricted community in Peoria, Ariz.