Regions
TerraCap Acquires in Austin
The firm seeks to grow its footprint after buying a 337-unit suburban property.
One year later: The success of the Greystone-Cushman & Wakefield JV
Greystone’s Steve Rosenberg and C&W’s John O’Neill evaluate the firms’ strategic joint venture as it nears its one-year anniversary.
Los Angeles Four-Community Portfolio Sells
The seller was a partnership between an operator and a commercial real estate developer.
Public Storage Buys 338-Unit Iowa Facility
Argus Broker Affiliates facilitated the transaction on behalf of the seller.
Pearlmark Sells Dallas-Area Asset
Marcus & Millichap represented the seller and procured the buyer.
37th Parallel Sells North Dallas Asset
UBS Bank provided a $28 million acquisition loan for the deal.
Las Vegas Multifamily Report – August 2022
The pandemic slammed Las Vegas’ ascent, and after a swift economic surge in 2021, the performance of the local economy tempered to a steady recovery. This was mirrored by the multifamily market, with rent expansion moderating after a strong run, up 0.6 percent on a trailing three-month basis through June, to $1,525, trailing the 1.1 percent U.S. rate. The metro recorded a slowdown during the first half of 2022, with occupancy marking the largest decrease among major U.S. metros, down 1.4 percent in the 12 months ending in May, to 95.1 percent. READ THE FULL YARDI MATRIX REPORT Las Vegas…
Gilbane Development Completes 978-Bed Student Property
The fully furbished community serves the University of Maryland.
Toll Brothers JV Develops 3 DFW Projects
The Fort Worth, Frisco Square and Dallas communities are the partners’ first projects since forming in 2021.
Thompson Thrift to Break Ground on Missouri Luxury Community
The Depot will be the developer’s third community in Missouri.