Regions
Yardi Matrix: San Jose—Peak Market, Weak Appreciation
Silicon Valley remains the largest technology hub in the nation and the anchor of the Bay Area.
CityView Appoints SVP, Head of Investor Relations
Marketing veteran George Ochs joins after almost 20 years at J.P. Morgan.
Orion Leads $25M Sale of Phoenix Community
The transaction was subject to a $17.3 million, 10-year Freddie Mac loan.
RRA Sells 2 Philadelphia Assets for $13M
The two Philadelphia-area assets offer a total of 130 units.
Berkadia Arranges Sale of Arizona Community
Capital Real Estate LLC paid $16.4 million to acquire the 169-unit property in Tempe, Ariz.
Atlanta, Louisville Properties Trade for $74M
Besyata Investment Group and The Scharf Group have purchased two assets totaling 1,033 units.
Gateway Procures Suburban St. Louis Apartments
The 78-unit community in St. Clair County is the company’s third local acquisition in three years.
Greysteel Leads Sale of DC Affordable Community
The 105-unit Tacoma Place changed hands for $14 million.
Abro Secures 2 Brooklyn Assets for $47M
Hudson Cos. acquired the property in March 2014 with a value-add strategy of completing capital projects.
Avanath Secures Hudson Valley Workforce Property
The company’s acquisition of the asset in Poughkeepsie, N.Y., reflects rising demand in big-city suburbs.