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    The $3 billion deal encompasses 49 communities and nearly 14,000 units in 10 states. Joining Greystar as the REIT’s co-owners will be affiliates of APG Asset Management N.V., GIC and Ivanhoe Cambridge.

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  • Rent Deceleration Continues in San Francisco

    The metro’s economy is strong and market indicators reflect continued growth, albeit at a slower pace than a couple of years ago. As supply continues to catch up with demand, Yardi Matrix expects rents to rise 0.8 percent in 2017.

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  • Far South Houston Community Changes Hands

    Highland Capital Management sold Regatta Bay Apartments, a 240-unit community in Seabrook, Texas, to Lloyd Jones Capital. This is the eleventh Texas property operated by the new owner.

    19 July 2017 17:34
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    Located at the upcoming Baker Block apartment community, the mural, by artist and OBEY Clothing Founder Shepard Fairey, covers 8,000 square feet and is the largest of its kind in Orange County. The 240-unit community is scheduled for completion in November.

    09 October 2017 15:10