Richard Devaney

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  • CBRE Closes $40M Sale of Phoenix-Area Community

    The company represented Baron Properties in the sale of the 240-unit community. The buyer partnership was represented by Mike Dow of Impact Multifamily Advisor.

    03 July 2017 13:47
  • Senior Housing M&As Outlook Strong: Capital One

    According to the latest survey of more than 150 industry professionals, 43 percent anticipate an increase in activity heading into the fourth quarter of 2017.

    28 September 2017 18:44
  • Clayton Nash Takes Over Phoenix Firm

    Through the absorption of Uptown Realty, the company will transfer all agents as well as its office location in the Atlanta Biltmore. The company also revealed plans to hire up to 1,200 agents and add several more branch locations this year.

    25 July 2017 18:55
  • Ares, TruAmerica Buy Metro Phoenix Property for $31M

    The joint venture plans a multi-million-dollar capital improvement program at Broadstone Gateway, a 240-unit community in Avondale, Ariz.

    15 June 2017 08:53
  • Affordable Indiana Community Lands Refi

    The $6.6 million loan will be used to refinance Woodland East Apartments, a 224-unit affordable housing property in Michigan City.

    05 October 2017 13:10
  • Renters on Rents

    Do your renters think they're getting a good deal? This month Kingsley Associates and Multi-Housing News surveyed residents to find out whether they see value in their rental agreements.

    07 July 2017 15:55
  • No Slack: Top Job Markets Getting Tight

    If quickly growing southern cities see their unemployment rates fall below 3 percent, wage inflation may not be far behind.

    05 July 2017 15:18
  • LMC Tops Off Pair of Seattle Communities

    Valdok, a seven-story, 178-apartment community, is located in the city’s Ballard neighborhood. Axle, an eight-story, 226-unit community seeking LEED Gold certification, is situated in the city’s Interbay community.

    11 September 2017 14:59
  • BRT Nabs 509-Unit DFW Community

    BRT Apartments Corp. purchased Mercer Crossing from Provident Realty Advisors for roughly $86 million. For the acquisition, the buyer obtained a $55.2 million loan from Barings Multifamily Capital.

    14 July 2017 12:03
  • Thinking Outside the 350-SF Box

    National Apartment Association members convened at the group’s recent Education Conference to address key topics, from maximizing ROI through design to cultivating the next generation of talent.

    29 June 2017 09:21