Ira Virden

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  • Albuquerque: On the Mend

    The area's multifamily market is held back by a persistent struggle with a sluggish labor market. Despite being the hub of New Mexico’s technology corridor, the metro has experienced only modest population and employment growth throughout the recent economic expansion.

    06 July 2017 13:02
  • Eviva Midtown Trades for Record Price

    Eviva Midtown, a 118-unit certified CalGreen construction, was sold to Sequoia Equities for the highest price per unit ever paid for a multifamily asset in the region.

    28 September 2017 11:10
  • San Fernando Valley Apartments Sell for $42M

    Ambrus Co. sold a 207-unit, three-property apartment portfolio to Lion Real Estate Group. The acquisition was sourced off-market from a Los Angeles-based private investor who developed the assets 40 years ago.

    26 October 2017 13:10
  • Nusbaum Opens Doors of 1st MD Project

    The Fred, a 240-unit apartment community, is situated only an hour away from Baltimore and Washington, D.C. The company initially invested $50 million into the development, which broke ground last year.

    06 November 2017 17:06
  • Baron Properties Buys Phoenix Community for $20M

    Since acquiring Capella Place in 2012 for less than half the price, Gelt has made several improvements, adding value to the 150-unit property.

    06 November 2017 17:28
  • CDP Opens Affordable Phoenix Suburb Community

    El Rancho del Sol features 47 units and complements the adjacent El Rancho del Arte, a 66-unit property in Mesa, Ariz.

    08 November 2017 13:10
  • Portland’s Charm

    The city's multifamily demand remains elevated, fueled by a healthy job market and an influx of young people for professional and lifestyle purposes.

    01 June 2017 08:03
  • Post South Lamar Phase II Finalized, Begins Leasing

    The 344-unit community, located in Austin’s West End submarket, offers studio, one- and two-bedroom units averaging 734 square feet. The leasing activity has started and the property will open on June 15.

    08 June 2017 09:13
  • Partnership Brokers $11M Sale of 2 Chicago Affordable Properties

    Habitat Co. purchased the 167-unit portfolio from Renaissance Cos. Kiser Group Director Michael D’Agostino and AHIB Managing Director Kyle Shoemaker closed the deal.

    17 November 2017 14:22
  • Shorenstein Nabs Manhattan Luxury Community for $57M

    HFF brokered the sale and arranged $31 million in financing for the 54-unit, recently renovated apartment building located in Manhattan’s East Village neighborhood.

    26 June 2017 15:01