Regions
Morgan Properties Wraps 18,000-Unit Portfolio Buy
The firm picked up the 80-property portfolio from unrelated seller Morgan Communities, whose leader was indicted earlier this year on federal fraud and money laundering charges.
CBRE Closes Value-Add Sale in Denver
First Vice President Robert Bratley represented the seller in the $6.1 million deal.
Sacramento Community Commands $16M
The 130-unit Regency Apartments traded to a Bay Area-based private investor. The acquisition was financed with nearly $13 million.
Manhattan Multifamily Report – Fall 2019
The borough’s year-over-year rent growth of 3.5 percent as of August surpassed the U.S. figure for the first time in many years.
Colliers International Facilitates $103M Sale in Richmond
The Class A community is located in West Creek, one of the city’s most popular neighborhoods that is home to several Fortune 500 companies.
San Jose Community Lands $330M Loan
Z&L Properties Inc. is developing a two-tower, 640-unit luxury condo project in the downtown area.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in September 2019 in New York City.
Crescent Communities Sells Tempe Property
NXT Capital provided $49.9 million in financing for the acquisition of Novel Rio.
Q&A: Raising the Bar for Green Affordable Housing
Enterprise Community Partners’ Krista Egger offers a sneak peek of the updated framework for improving the health and well-being of low-income residents.
Rent Regulations Leading to Less Investment: Report
A survey commissioned by NMHC finds that multifamily investors and developers are pulling back in the face of rent control laws.