Regions
Inland Empire Multifamily Report – Fall 2019
The Inland Empire’s affordability advantage compared to other SoCal metros is drawing in new residents, expanding the local labor market and driving up demand for multifamily product.
Harbor Group Pays $59M for DC Luxury Community
JLL provided nearly $46 million in acquisition financing for the buyer of the 243-unit, Class A multifamily asset.
Cushman & Wakefield Brokers $40M Deal in Chicago’s Fulton Market
Managing Directors Todd Stofflet and Jason Stevens worked on behalf of JP Morgan Asset Management in the transaction. RDG Funds was the buyer.
Final Tower at Optima Sonoran Village Now Complete
In just six months from the opening date, the final tower’s occupancy has already surpassed 77 percent, thanks to the area’s strong multifamily demand.
ACC Opens Arizona Student Housing Community
The opening of Honors Village marks the University of Arizona’s first public-private partnership development with the company.
Oakwood to Manage New Seattle Community
Wilshire Capital tapped the company to oversee Tellus on Dexter, situated in the South Lake Union neighborhood.
MTI Baths Offers Large-Sized Tub
The product, made of 75 percent organic natural stone, has a deep bathing well and can accommodate up to two bathers.
Knightvest Expands Phoenix Footprint With $75M Buy
Canadian Imperial Bank of Commerce provided the buyer with more than $57 million in financing for the purchase of the 432-unit Class A multifamily asset.
Las Vegas Multifamily Report – Fall 2019
The metro’s steadily diversifying economy is resulting in positives for its multifamily market, as well.
Time Equities Breaks Ground on Tallest Tower on Michigan Avenue in Chicago
The team behind 1000M also includes JK Equities, Oak Capitals and McHugh Construction Co. Helmut Jahn is the architect of the project while Kara Mann will design the interiors.