Southwest

Sandia Skies Self Storage. Image courtesy of Matthews Real Estate Investment Services

Merit Hill Capital Expands Albuquerque Footprint

The 586-unit property now operates under the Extra Space Storage brand.

Stillwater Capital Breaks Ground on Phoenix-Area Community

Located in Gilbert, Ariz., the property will welcome its first residents towards the end of 2024.

12225 Riverside

Los Angeles 6-Property Portfolio Sells for $54M

Three separate buyers assumed the debt associated with the apartment buildings.

Harbor Group Seals $122M Refinancing for Texas Property

KKR is taking over the sponsor’s original debt in a fixed-rate deal.

Mezzo

HGI Acquires North Dallas Asset

The transaction involved a $54.5 million Fannie Mae loan.

The Virginia

Periscope, Verdot Capital Land Financing for Texas Asset

Delivery of the first of two phases is scheduled for early 2024.

Blackstone Provides $31M in LIHTC for Phoenix Senior Housing

Casa Azure is the second property that the firm’s April Housing unit and Dominium will partner on.

Dallas. Photo by Wirestock/iStockphoto.com

Dallas Multifamily Report – March 2023

While rental fundamentals dampened, the Metroplex remains healthy.

Legacy, Resmark Cos. Break Ground on Dallas-Area Community

Part of a master-planned community in Forney, Texas, the project is expected to be online in 2025.

Austin: Photo by Greg Gaynor of Fokus Waterfront/iStockphoto.com

Austin Multifamily Report – March 2023

While the local economy remains solid, the rental market is recording some softening.