Regions
NorCal 410-Unit Portfolio Trades for $52M
Berkadia brokered the sale and secured $38.9 million in financing for six apartment properties in Chico, Calif.
Enterprise Names New CFO
Sally Hebner has been working for the nonprofit organization for more than 10 years. Most recently, she served as senior vice president.
4-State, 2,515-Unit Portfolio Commands $430M
Blackstone acquired six properties in Texas, Florida, Kansas and Illinois from The Realty Associates Fund IX, part of TA Realty’s flagship fund series.
Positioning Your Property for Leasing Success
In order to be successful in closing, property managers and staff should plan ahead and try different ideas for marketing a property. Multifamily Insider’s Leasing Rescue webinar shed light on setting the stage for leasing success.
Modera Portfolio Lands $364M Refinancing
A CBRE Capital Markets team assisted the owner in securing the five-year loan. Morgan Stanley originated the financing measure for the acquisition.
Resource Real Estate Buys Phoenix Community for $55M
Bascom Arizona Ventures sold Indigo Creek, a 408-unit community built by Gray Development Group in the Arrowhead region in 1993.
ARA Newmark Closes Record Denver-Area Sale
The 26-unit community was constructed in 2015. The sale marks the company’s highest per-unit multi-housing trade in Colorado.
Oakwood Opens 3rd LA Corporate Housing Property
The 201-unit community is the ninth U.S. corporate housing asset owned by Singapore-based Mapletree Investments, the firm’s parent company.
Xpera CM Wraps Up San Diego Affordable Community
Tenants are already moving into the 205-unit building developed by Wakeland Housing and Development Corp.
ISL to Manage SoCal Senior Living Community
This is the third community the company is managing for The Wolff Co., the developer of the 136-unit property in Oxnard, Calif.