Arizona
San Diego MF Owners Divest After 50 Years
Marcus & Millichap closed the sale of Casa Florencia, a 12-unit apartment property located at 1433 Thomas Ave. in San Diego. The asset was sold… Read more
Santa Clara Apartments Fetch $125M in Sale to AZ Buyer
(Updated with additional information) The Prado apartment complex in Santa Clara has sold for $125 million, reported the Mercury News.… Read more
JLL Brokers Sale of Two Twin Cities MF Properties
JLL closed the sale of two Twin Cities multifamily properties, including the 69-unit Southdale Parc Apartments in Richfield, Minnesota, and… Read more
Hines Begins Leasing at MF in Milwaukee’s Historic Third Ward
Hines, a global real estate investment, development, and property management firm, has launched leasing at 333 North Water Street, a… Read more
In-N-Out Plans Washington Debut
Washington is about to get the state’s first location for the iconic California burger chain In-N-Out. The restaurant would be… Read more
Developers to Build New Home Depot in Spokane
Developers have taken the next step in a project that would bring a new Home Depot store to a former… Read more
Bronx $1B Affordable Housing Breaks Ground
Elected officials and community leaders joined Camber Property Group to break ground on Phase 1 of the $1 billion Stevenson… Read more
Chip Cleaning Company Leaving CA for Mesa
Pentagon Technologies Group is investing $50 million in a new semiconductor equipment cleaning facility in Mesa that is expected to… Read more
Aurora Apartments Sell for $51.5M
Tahoma Capital Partners paid $51.5 million for Crossroads at City Center in Aurora. The 208-unit multifamily development is a 13-building… Read more
Fertitta Buys River Oaks District
Houston billionaire Tilman Fertitta has added one of Houston’s most prominent mixed-use developments to his real estate portfolio by purchasing River Oaks District. The Houston… Read more
Miami Investor Obtains $60.9M Construction Refi
Barrington Brothers has obtained $60.9 million in construction refinancing for the development of The Kavista, a 282-unit project in Miami. Värde Partners provided… Read more
California EV Startup Plans $10M Center in Detroit
Lucid Motors, an electric vehicle startup based in Newark, California, plans to open a research and development office in Southfield,… Read more
Washington Heights Mixed-Use Building Sold for $5M
A rent-stabilized, five-story, walk-up building in Washington Heights has been sold for $5 million. The building at 560-562 West 175th… Read more
Hoboken Development Site Sold for $8M
AIRN Management has acquired a 13,000-square-foot development site at 511-521 Newark Street in Hoboken, NJ, for $7.5 million. The property,… Read more
Report: HSTPA Has Disastrous Effects on NYC
A new survey commissioned by the Real Estate Board of New York (REBNY) and the Rent Stabilization Association of NYC… Read more
What’s REALLY Going on with Housing?
As 2024 started, it looked like the average 30-year fixed-rate mortgage for single-family homes was on its way down, dropping… Read more
Mixed-Use Residential Nears Completion in Lemon Grove
Construction on Kelvin, a 66-unit contemporary mixed-use community at 7950 Broadway in Lemon Grove, is nearing completion in a rapidly growing San Diego… Read more
Countering NIMBYism: Converting Houses of Worship into Much-Needed Housing
Once upon a time, large and small churches were the mainstays of most American communities. However, Christianity Today reported that… Read more
