Regions
Lee & Associates Arranges SoCal Sale
In a tax-deferred transaction, SOMA Realty sold a 16-unit multifamily asset in Pasadena, Calif. Principal George Yessaie represented the buyer.
TruAmerica Buys $91M CA Community
Pacific Shores, a 264-unit property in Huntington Beach, will receive renovations to the pool and spa area, dog park and fitness center.
Economy Watch: Rent Increases for Single-Family Slow
Year-over-year rent growth has decelerated slowly since it peaked early last year, according to the CoreLogic Single-Family Rent Index.
Peak Campus Adds 2 Midwest Assets to Portfolio
The company will manage Campus View and University Meadows, two student housing communities totaling 1,272 beds. The properties are located in Missouri and Michigan.
Former MA Campus Building to Become Memory Care Facility
Benchmark Senior Living is developing the adaptive reuse and extension of a former Andover Newton Theological School campus building. The new memory care facility will incorporate 50 units.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales for January 2018 in New York City.
IPA Arranges Record-Breaking Sale of CA Community
The 192-unit Via Ventura changed hands for $74 million, the highest price per unit for a multifamily property in Ventura, Calif.
HFF Secures $115M Financing for VA Development
The company arranged the loan on behalf of Combined Properties Inc. for the development of Scout on the Circle, a 551,000-square-foot mixed-use project in Fairfax, Va.
Stellar Management Expands NYC Portfolio
The firm acquired a 42-unit building in Hamilton Heights, making it the owner of 37 percent of the residential properties along a five-block stretch of Broadway.
Expanding Workforce Housing Through Single-Family Investment
The Steinbridge Group CEO Tawan Davis discusses how his firm is carving a niche in the fast-growing sector and why this asset class represents an underrated target.