Jim Darrow

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    Western Wealth Capital's investors obtained an annualized return of more than 30 percent for the 216-unit Trails at Harris. The transaction represents the Canadian company's 11th successful divestment to date.

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    The Richman Group of California Development Co. and Level 10 Construction have topped out K1, which includes 220 units and 7,000 square feet of commercial space.

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    According to the company's latest survey of 121 industry professionals, the new year will bring investors to search for value outside of urban core markets and get back to being active buyers and sellers.

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  • Marcus & Millichap Arranges Sale of 158 units of Park Village

    The community, located in Largo, Fla., consists of 160 units, 158 of which traded for $20 million, or $130,000 per unit. The firm represented both the buyer and seller.

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  • Vesper Buys $40M NC Student Housing Asset

    The transaction marks Vesper’s fifth student housing acquisition in the past months. The company plans to implement a $1 million value-add renovation to modernize the features of the property.

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