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  • DC Community Trades for $10M

    Greysteel brokered the sale of Cascade Park Apartments on behalf of NOVO Properties, located within minutes of the Capitol Riverfront. According to Yardi Matrix data, occupancy is currently at 94 percent.

    18 October 2017 15:24
  • Brooklyn Condo Tower Kicks Off Sales

    Developed by Mack Real Estate Group and Palin Enterprises, the 40-story luxury tower will be the tallest building in the borough’s Greenpoint neighborhood and will feature 95 units.

    03 July 2017 14:00
  • Post South Lamar Phase II Finalized, Begins Leasing

    The 344-unit community, located in Austin’s West End submarket, offers studio, one- and two-bedroom units averaging 734 square feet. The leasing activity has started and the property will open on June 15.

    08 June 2017 09:13
  • Denver Community Sells for $31M

    ARA Newmark represented Nichols Partnership in the sale of Turntable Studios. Built in 1967, the building was renovated and converted to multifamily in 2015.

    25 May 2017 11:38
  • Calvera Partners Begins National Expansion

    The community is located in downtown Minneapolis, in close proximity to city landmarks. The company plans to upgrade and rebrand the property.

    08 June 2017 15:22
  • May Employment Solid but Concerns Remain

    The United States economy added 138,000 jobs in May, according to the Bureau of Labor Statistics. The unemployment rate has now remained at less than 5 percent for a year, but the picture is not entirely rosy.

    20 June 2017 18:39
  • Western Wealth Snags Phoenix Community

    The company paid $13.4 million to acquire Tierra Santa, a 274-unit property at 4620 W. McDowell Road. ARA Newmark brokered the transaction, which was subject to a $10 million loan originated by Walker and Dunlop.

    12 May 2017 18:28
  • Marcus & Millichap Leads San Diego County Community Sale

    A family trust sold Villa Quixote, a 78-unit apartment community in Escondido, Calif., for $11.8 million. The community was built in 1969, presenting the buyer with an opportunity to renovate the property and raise rents.

    24 May 2017 14:52
  • Warmington Properties Secures $190M for Portfolio Refi

    Walker & Dunlop Inc. structured five Freddie Mac loans and one Fannie Mae loan, totaling $190.2 million, with 10-year terms and 30-year amortization schedules, to refinance nine California and Nevada communities held by Warmington Properties. Warmington began a value-added program across its portfolio in 2014, including the complete renovation of property amenities, building exteriors and unit interiors.

    10 May 2017 19:13
  • Multifamily Rents Idle in Third Quarter

    After a robust first half of the year where average rents grew by $33, there was a summer slowdown, with rents increasing by only $1 in the third quarter.

    13 October 2017 03:22