Regions
Cortland Acquires Phoenix Community for $117M
StreetLights Residential and Nexpoint Advisors sold the 253-unit asset, with CBRE representing the seller.
Bridge Investment Sells Phoenix Apartments for $118M
The new owner received a 10-year, $79.3 million Freddie Mac acquisition loan from Prudential Financial.
MAG Partners Secures $173M Construction Loan for Manhattan Property
The financing was provided by Madison Realty Capital and will fund the development of a 480-unit mixed-income project.
San Francisco Multifamily Report – Summer 2020
While the U.S. average stayed flat, rates across the Bay Area recorded significant contractions into the third quarter.
Fortis Property Group Lands $163M Brooklyn Project Loan
The developer paid more than $91 million in 2018 for the 1-acre site in DUMBO.
Rockpoint, Resicap Launch $250M SFR Venture
The firms plan to purchase and renovate between 4,500 and 5,000 single-family rental homes across the Southeast.
DM Development Completes $120M Condo Project
Union House, a $120 million community in San Francisco, is now 30 percent sold and has welcomed its first move-ins.
Pretium, Ares Management Forge $2.4B SFR Deal
The acquisition of Front Yard Residential Corp. will boost Pretium’s single-family rental portfolio to more than 55,000 homes.
NMHC/InterFace Student Housing 2020: The Long Road to Recovery
Speakers including American Campus Communities CEO Bill Bayless share a positive outlook for the sector amid the uncertainties caused by the pandemic.
Balancing Business Needs With Safety Requirements
More than seven months into the pandemic, Dodson Property Management’s Duke Dodson and Sarah Fehr discuss the Richmond, Va., multifamily market.