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  • Phoenix Community Sells for $30M

    Berkadia represented the seller, a subsidiary of Evergreen Development Co., which sold the 152-unit property to Pure US Apartments REIT.

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  • Demand Outpaces Supply in Salt Lake City

    Driven by robust population growth and low unemployment, Utah’s largest city is rapidly expanding, generating healthy housing demand. It continues to appeal to major employers, such as Amazon, UPS and big-brand companies based along the Wasatch Front.

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  • Walker & Dunlop Secures $52M in Financing in CA

    The firm arranged the 10-year Freddie Mac Green Up loan for a 565-unit community located in the Arden Arcade neighborhood, on behalf of the new owner, OpenPath Investments.

    26 July 2017 13:01
  • Bell Partners Acquires DC-Asset

    The company purchased the now rebranded Bell Annapolis on West, a 300-unit community located in Annapolis, Md. Including this property, Bell Partners has completed $645 million in multifamily acquisitions in 2017.

    17 October 2017 16:02
  • Phoenix Community Scores $24M Financing

    The real estate investment trust arranged the first mortgage financing for the community. Pinnacle at Union Hills was purchased for $48 million using proceeds from an equity offering.

    13 July 2017 11:59
  • Security Properties Expands Portfolio With $98M AZ Buy

    The firm acquired three apartment communities totaling 1,276 units in Mesa, Glendale and Phoenix. Starwood Capital Group, the seller, bought the assets in 2012.

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  • Colliers Facilitates FL Affordable Housing Deal

    Colliers Senior Vice President Kevin Morris and Senior Broker Associate Michael Lewin worked on behalf of 1031 exchange buyer Steve Schneider. Palm Lakes Trailer Park, a 120-unit mobile home property in Miami, traded for $6.3 million.

    09 October 2017 18:05
  • Sares Regis Breaks Ground on Downtown Long Beach Communities

    The three communities totaling 348 units were designed by Studio One Eleven and are adjacent to retail amenities. The properties are slated for completion in 2019.

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  • Can You Afford to Live in NYC?

    Only nine out of the 139 neighborhoods included in a RentHop study have median asking rents that can be afforded with 35 percent of the area median income.

    21 August 2017 12:37