Prominence
Yardi Matrix: Sacramento’s Hot Market
A robust job market and low levels of new supply have propelled rent growth.
EdR Acquires Three Student Housing Communities
The newly constructed properties are located within walking distance of their respective campuses and provide a wide array of amenities.
Yardi Matrix: Steady Growth in St. Louis
Multifamily Summer Report 2016: An influx of professional jobs and the area’s relative affordability are attracting residents and lifting demand for apartments.
Yardi Matrix: Indianapolis Rebounds
Multifamily Summer Report 2016: Demand is picking up, with a record number of units on tap to come online by the end of the year.
Sares-Regis Closes Second Multifamily Fund at $300M
The fund will seek to acquire nearly $850 million worth of multifamily assets in its target markets in the Western U.S.
Maker Bros. Buys Land for Major Austin Mixed-Use Project
Saint Elmo Market District will feature 400 multifamily units, 100,000 square feet of office space, a boutique hotel and more.
Yardi Matrix: Detroit — Transforming from the Core
Multifamily Summer Report 2016: Nearly 1,800 housing units are scheduled for completion in 2016, a 600 percent increase compared to 2015.
Colorado Apartments Change Hands for $68M
Jackson Square Properties is the new owner of Skye Crest, a 300-unit community in Lakewood, Colo.
Marcus & Millichap Drives $88M LA County Sale
A 1031 exchange investor bought the 253-unit property in Westlake Village, Calif.
Bascom Group Picks an Orchid in Texas
The private equity firm acquires Orchid Apartments, a 260-unit community in McKinney, Texas.