Arizona
Ceres Apartments Trade After 20-Year Hold
Marcus & Millichap finalized the sale of The Vineyard, a 212-unit multifamily property in Ceres, near Modesto. The sale price was… Read more
Google Pursuing Phase II of $1B Mesa Datacenter Complex
Google is following through on its original plans to build a $1 billion data center complex in Mesa. Plans go… Read more
Thorofare Funds Refi for 55+ Pflugerville Rental Property
Thorofare Capital provided a bridge loan to Wilson Capital to refinance an existing construction loan on The Jovie at Pflugerville.… Read more
W&D Finances Over $135M for Six Rhode Island Properties
Walker & Dunlop, Inc. arranged $135.3 million in HUD loans for six Rhode Island multifamily properties between October 2023 and… Read more
Crescent Heights Eyeing 280-Unit Miami Condo
Crescent Heights is proposing to build a 26-story, 280-unit condo tower in the Miami Arts & Entertainment District. Short-term rentals… Read more
Jay Denton on Phoenix Job Creation, Salary Growth, Multifamily Performance, Absorption Rates, and More
Jay Denton is the Chief Economist at Radix, where he analyzes market conditions, forecasts housing and economic trends, and provides… Read more
Chicago Apartments Part of $10B Blackstone, AIR Communities Deal
Blackstone will acquire Apartment Income REIT Corp., known as AIR Communities, in an all-cash transaction valued at approximately $10 billion,… Read more
Chicago to Fund Four Downtown Office-to-Apartment Conversion Projects
Chicago Mayor Brandon Johnson has announced plans for four adaptive reuse projects along the LaSalle Street Corridor, aimed to repurpose… Read more
Timberlane Closes Fund with $100M in Equity Commitments
Seattle-based Timberlane Partners has closed its multifamily real estate investment fund, Timberlane Acquisition Fund (TAF), with equity commitments surpassing $100… Read more
Continental Properties Closes $105M Real Estate Fund
Continental Properties Company, Inc., a Wisconsin-based developer and operator of rental communities, retail, and hospitality properties, announced the closing of… Read more
Ascendant, Culver Land Houston Apartment Trio
Ascendant Capital Partners and Culver Investment Partners (CIP) acquired the Elle Collection multifamily portfolio in the Texas Medical Center area… Read more
SCALE Issues $150M Loan to Bronx Resi Project
SCALE Lending, Slate Property Group’s lending arm, has provided a $150 million construction loan for Beitel Group’s 450-unit multifamily project… Read more
Marcus & Millichap Brokers $5M Sale of Dorchester MF Property
Marcus & Millichap announced the sale of a 20-unit multifamily property in Dorchester, MA, for $5.29 million. The four-story property… Read more
TSMC Ups Phoenix Plant Investment to $65B
It’s being called the largest direct foreign investment in a completely new project in U.S. history. That’s what the US… Read more
Paradise Valley Resort Changes Hands
A joint venture between Partners Group, acting on behalf of its clients, and funds managed by Trinity Investments acquired The… Read more
Naftali, JP Morgan Provide Refi for Nashville Highrise
Naftali Credit Partners and J.P. Morgan provided a short-term bridge loan of $120 million to Tidal Real Estate Partners. The… Read more
It’s Time to Nominate CRE’s Rising Stars for 2024
The deadline is drawing near for nominations in Connect CRE’s eighth annual Next Generation Awards. Although response has been positive,… Read more
Blackstone Taking Apartment Income REIT Private for $10B
Blackstone and Apartment Income REIT Corp. (AIR Communities) said Monday that Blackstone Real Estate Partners X will acquire all outstanding… Read more
Local Buyer Snaps Up Anaheim Apartments
CBRE closed the sale of a seven-unit multifamily property in Anaheim to a private investor for $2,525,000. The selling price represents… Read more