West
Nitya Capital Buys Portfolio for $400M
Eastdil Secured represented both parties in the transaction.
IEC Closes 5th Institutional Fund at $445M
The investor is targeting value-add communities on the West Coast.
Seattle Multifamily Report – February 2022
While lagging many U.S. cities in their recovery, Seattle rentals still recorded double-digit rent gains.
Tides Equities Pays $59M for North Phoenix Community
The company plans to renovate and rebrand the property as The Tides on Cave Creek.
Rise48 Equity Buys Phoenix-Area Portfolio for $107M
Northmarq represented the seller in its disposition of three properties.
Boston Financial Closes California Fund at $83M
The LIHTC vehicle will create more than 600 units of affordable housing.
San Francisco Multifamily Report – February 2022
Despite taking a strong early hit, Bay Area rentals made great strides over the past year.
Ascenda Capital Expands California Footprint
Totaling 234 units, the two properties will be converted to affordable housing.
Amazon Commits $124M to Affordable TODs
The company is working with transit agencies, developers and nonprofits in Washington and Maryland.