Jake McKinstry

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  • 2 Phoenix Assets Trade Hands for $7M

    CBRE brokered separate deals for The Markley in east Phoenix, which includes 27 units, and Twin Palms near downtown Phoenix, which includes 20 units.

    24 October 2017 15:23
  • Work to Begin on Sunny Isles Beach Condo Project

    Developer Verzasca Group and the Aurora sales team are moving to a new location in order for demolition to begin on the existing sales center.

    26 May 2017 18:40
  • Allied Orion Group to Manage TX Senior Community

    Sierra Meadows Apartments is a 90-unit, active senior community located in Houston’s Harris County. It is the first of its kind in the area for veterans.

    10 August 2017 08:37
  • IPA Arranges $57M Sale of Luxury CA Community

    A private investor based in China acquired Luxe, a 131-unit community in Pasadena, Calif. IPA represented the seller, Amcal Equities, and procured the buyer.

    31 October 2017 16:30
  • Kennedy Wilson Sells $109M Seattle Asset

    The 576-unit property was 97.9 percent occupied as of May. The company purchased the asset in 2014 for $57.8 million from Holland Partners.

    10 July 2017 08:34
  • There’s Hope for This South Park Luxury High-Rise

    Lendlease and Full Star Properties LLC started construction on a mixed-use luxury condo building, which has been in the pipeline since 2006.

    06 July 2017 10:23
  • PAC Lands 260-Unit KC-Area Community

    Adara Overland Park is a recently built Class A multifamily asset in Overland Park, Kan. Preferred Apartment Communities (PAC) financed the acquisition using a Freddie Mac loan.

    04 October 2017 18:52
  • Strong Demand Augments Twin Cities Occupancy

    The metro’s healthy economic growth, low unemployment rate and strong multifamily fundamentals continue to attract investors and developers to the region.

    28 September 2017 14:59
  • Rent Growth

    Rents were up 2.0% nationwide in April, down 50 basis points from March and well below the 5.5% growth rate of a year ago. The 2.0% year-over-year increase is the lowest it’s been since April 2011, when rents were up only 1.5%.

    22 May 2017 19:19
  • FirstService Residential Strengthens Leadership Team

    The property management company selected John Brea, a former Walmart executive, to oversee the firm’s fast-growing footprint in the U.S. and Canada.

    03 November 2017 14:56