Property Types
Senior Housing Occupancy Drops, Inventory Increases: NIC
The COVID-19 crisis continues to impact occupancy, with assisted living properties experiencing steeper decreases than independent living assets, the latest NIC MAP report shows.
DB Capital Management Enters Denver Market
Newmark facilitated a $10.5 million loan for the acquisition of the 46-unit community that is set to be renovated and rebranded.
Standard Cos. Pays $31M for Affordable Pasadena Community
The transaction preserves affordability for all 61 units for the next 55 years.
DFW Luxury Community Trades for $46M
Silverado Interests and Noel Partners are the new owners of the 321-unit Station 3700 in Euless, Texas.
Construction Completed at Jersey City Skyscraper
The 79-story residential tower along the Hudson River waterfront was developed by an affiliate of China Overseas America Inc. and designed by Perkins Eastman.
Tampa Multifamily Wrap-Up – October 2020
Clearwater asset sells in $100.5 million portfolio deal. Residential Management lands $61 million refi. Read our October selection of Tampa must-reads.
Venterra Buys Georgia Community for $75M
The company is expanding its footprint with the purchase of The Maddox Apartments, a garden-style property in Duluth.
Work Starts on Office-to-Apartment Conversion in Virginia
Lowe and USAA Real Estate plan to deliver 435 units across two towers in Alexandria’s Park Center complex.
MLG Capital JV Closes Georgia Value-Add Play
The partnership acquired Pinewood at National Hills in Augusta in an off-market deal.
Avanath Acquires Boston Workforce Housing
The purchase of the 207-unit Morton Village Apartments in Mattapan, Mass., marks the company’s entrance into the Boston metro.