Regions
New Jersey Workforce Housing Portfolio Sells for $146M
An international investor scooped up the seven communities totaling 1,035 units from Murnick Property Group, which has operated and maintained the buildings for the past half-century.
L+M, Invesco Partner for $1.2B NYC Housing Deal
The duo agreed to buy more than 2,800 market-rate apartments in Manhattan from Urban American and Brookfield Asset Management and will restore the affordability of more than 1,800 units.
CDP Begins Work on Affordable Orange County Community
The Santa Ana, Calif., project is a collaboration with Architecture Design Collaborative. Bridging the Aqua will serve the needs of chronically homeless residents.
Luxury Senior Living Community Opens in Kansas City
Tiffany Springs has 172 independent living units available, with 89 memory care and assisted living apartments to open later in August.
Bell Partners Buys Boston-Area Community
Vinnin Square Apartment Homes in Salem will be renamed and managed by the firm, bringing its current operations in the Boston metro to seven properties.
Davlyn Investments Buys SoCal Apartments for $60M
The 187-unit luxury community is the buyer’s latest Inland Empire acquisition, following the $35 million purchase of 125 units in November.
Ensemble Investments Completes Long Beach Multifamily Project
The seven-story 442 Residences is part of a mixed-use campus that also includes an office building at 444 W. Ocean Blvd. and retail space.
Goldman Sachs Partners with Core Spaces on $600M Portfolio
The partnership will recapitalize and develop nine student housing properties near major public universities in the South, West and Midwest, totaling more than 4,300 beds.
Vacasa to Buy Wyndham Vacation Rentals for $162M
Through the deal, the fast-growing vacation rental management platform will enlarge its portfolio by nearly two-thirds to 23,000 homes across four continents.
Podcast: Unpacking New York’s Rent Law Changes
Jonathan Woloshin of UBS discusses the significant impact these reforms could have on the multifamily investment business in New York and the rest of the country.