Regions

Top 5 NYC Multifamily Sales

PropertyShark compiled the top 5 multifamily sales recorded in August 2019 in New York City.

Sacramento rent evolution, click to enlarge

Sacramento Multifamily Report – Summer 2019

The metro is now largely a landlord’s market due to limited inventory growth and the Bay Area’s exodus.

How to Prevent Cost Overruns in Multifamily Construction

Richard Lara, president & CEO of California-based RAAM Construction, explains how developers can save money and avoid delays in project deliveries.

Cortland Completes $1.2B Multifamily REIT Acquisition

The all-cash deal includes upward of 7,000 units in the Texas Triangle and Phoenix.

MG Properties Buys Arizona Community for $110M

Everest Holdings sold the 512-unit property in the Chandler submarket, which leads the Phoenix metro area in multifamily absorption.

Transactions: October 2019

A selection of noteworthy deals announced between August 14 and September 20.

Bay Area Asset Changes Ownership

New Standard Equities paid $60 million for the 170-unit garden-style community located in Fremont, Calif.

JLL Negotiates $141M Sale of DC-Area Property

Fairfield Residential purchased Atley on the Greenway, a 496-unit apartment community in Ashburn, Va.

New Jersey Portfolio Deal Scores $228M Loan

Cammeby’s International purchased the six-asset bundle of communities totaling more than 1,800 units.

Six Peak Capital Kicks Off $1B Co-Living Fundraise

The asset manager, which invests in communal living projects with Common, tapped Cushman & Wakefield to secure the debt and equity financing.