Sierra Ridge Apartment Homes

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  • Top 10 Markets for Supply Growth

    Decelerating rent growth and stagnant or falling occupancy rates suggest that developers can no longer expect the same returns experienced in recent years. As a result, development will likely slow down. According to Yardi Matrix data, these 10 markets are expected to see the greatest increases to supply this year.

    14 July 2017 15:35
  • Western Securities Breaks Ground on Phase II of TX Asset

    The 186-unit Mustang Station Apartments in Farmers Branch, Texas, is a transit-oriented development. The second phase include construction of a garage and amenities such as a fitness facility and an arbor.

    19 October 2017 15:57
  • Mesa Snaps Up 2 Suburban Atlanta Communities

    The company acquired The Retreat at Eagles Landing, as well as Carrington Ridge, which are both located in Stockbridge, Ga.

    30 May 2017 14:28
  • Ceruzzi Gets Massive Loan for Midtown Manhattan Condos

    The company received $300 million for completion of a 72-story building with 124 condos, 7,500 square feet of retail space and a 25-space garage.

    08 August 2017 17:30
  • 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
  • Should Landlords Run Criminal Background Checks?

    A credit check establishes whether an applicant is willing and able to pay rent. For most landlords, running criminal background checks on prospective residents is also a mandatory step in the rental process. However, property owners and managers should find a balance between their safety need and HUD’s inclination to make finding a home easier for people with criminal records.

    30 October 2017 13:59
  • Economy Watch: Large Banks Grow CRE Lending Faster Than Smaller Ones

    In the second quarter, large banks increased their CRE loan portfolios by 2.56 percent, while medium-sized and community banks had more modest increases, according to a recent Trepp report.

    05 September 2017 14:00
  • Mixed-Income Community Breaks Ground in MA

    A joint venture is developing Mass+Main, a $190 million project that will feature 248 market-rate and 60 affordable units. The property is slated for a mid-2020 completion.

    17 November 2017 16:11
  • Marcus & Millichap Sells $23M Senior Community in Sandy, UT

    Located between Salt Lake City and Provo, Rosegate Sandy broke ground in 2013. The 159-unit asset is located in a submarket that has seen more than seven percent population growth since 2010.

    26 October 2017 14:38
  • Rapid Growth in Raleigh-Durham

    The metro continues to appeal to investors who are being priced out or struggling to find high acquisition yields in major markets. The combination of job and population growth has generated a strong demand for apartments, with average rents reaching $1,075.

    29 May 2017 06:49