Regions
Transit-Oriented Condos Coming to Seattle
The 204-unit Koda Condominiums will be in the International District, near several train and metro stations. The project is scheduled to break ground this fall and be complete by July 2020.
Related Cos. Buys $590M AIMCO Affordable Housing Portfolio
The firm purchased and plans to rehabilitate nearly 8,000 units across 51 properties in 16 states.
Berkadia Completes $31M Vegas Sale
Sundance Bay acquired Desert Ridge Apartments, which includes 304 units and a dog park, a racquetball court and a playground.
JV Scores ’80s-Vintage Phoenix Apartments for $27M
L5 Investments, MLA Properties and BH Equities picked up the 360-unit Cielo Apartments and plan to invest $4.2 million in capital improvements.
Fundamentals Flourish in LA
Increased investor interest in the metro’s multifamily assets is driving property values to new highs, while keeping acquisition yields at nationwide lows.
Luxury SoCal Development Lands Management
The Trails at Canyon Crest, a 216-unit community, broke ground in October 2017. Construction is anticipated to finish early next year.
Economy Watch: U.S. Apartment Market Uneven in Q1
The U.S. apartment market is sending mixed signals, according to the latest NMHC Quarterly Survey of Apartment Market Conditions.
Boston’s Pricing Power
Bruce Lusa, vice president of multifamily investment sales with Colliers International, discusses area trends and offers tips to investors targeting the city’s booming market.
Home Leasing Announces New Community in Upstate NY
Charlotte Square in Rochester is LEED Gold certified and will include 72 apartments, 10 townhomes and 50 mixed-income units.
Castle Lanterra Appoints New Managing Partner
Gila Cohen, who brings 20 years of commercial real estate and financial services experience to the team, previously served as a consultant, strategic advisor and private placement professional.