Arizona
Three Oregon MF Projects Nearing Completion
Portland-based real estate development firm Deacon Development is nearing completion on three new Portland and Salem, Oregon-area multifamily communities –… Read more
Q4 Retail Report: Ongoing Consumer Spending Drives Metrics
According to the U.S. Census Bureau, its just-released (preliminary) Advance Monthly Sales for Retail and Food Services totaled $700.3 billion… Read more
Greystar Trades Core Multifamily in Undersupplied West LA-Culver City
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of Cobalt Apartments, a 135-unit multifamily property with 14,754 square… Read more
Spacecraft Maker Building Sierra Vista Factory
BlackStar Orbital Technologies Corporation announced the establishment of a new engineering and manufacturing facility in Sierra Vista. The Sierra Vista… Read more
Doe Fund to Build 109-Unit Bronx Affordable Housing
The Doe Fund has secured construction financing for a new 109-unit affordable and supportive housing residence in the Bronx, located… Read more
Extended Stay Hotel Coming to Pima Medical Campus
An investor group has purchased nearly two acres at the Pima Medical Campus on Grant and Craycroft in Tucson to… Read more
45-Story Tower Planned for N. Austin
Turnbridge Equities and the Burt Group are looking at building a 45-story tower that would include an estimated 825 apartments… Read more
Marcus & Millichap Closes Chicago-Area MF Asset Sale
Marcus & Millichap has closed the sale of Light Road Apartments, a 168-unit multifamily asset in Oswego, Illinois. Marcus &… Read more
Timberlane Partners, STARS REI Acquire Ballard MF for $55M
A joint venture between Timberlane’s Acquisition Fund and STARS REI purchased the Koi apartments, a six-story, 166-unit building in the… Read more
Housing on Merit Names New CEO
Housing on Merit (HoM), a nonprofit affordable housing provider, said Jaymie Beckett has joined the organization as CEO, based in… Read more
Wilshire Quinn Lends on Newly Built San Diego Multifamily
Wilshire Quinn Capital said Wednesday that its private lending fund, the Wilshire Quinn Income Fund, has provided a $16,500,000 refinance loan in San Diego.… Read more
Benefit Street Takes Back SA Rental Property
DB Capital Management stopped making payments on a variable interest rate loan on a multifamily property in San Antonio and… Read more
Austin Bowling Center Making Way for Apartments
Bowling alleys have felt the pinch in the last few years. Covid caused a lot of bowling centers to strike… Read more
Gelt Pays $68M for 252-Unit Denver Apartment Project
Gelt Venture Partners (GVP) has acquired Allure Apartments for $68.25 million. “We acquired this asset at an attractive basis with… Read more
CEDARst/Bridge Team Up on $180M Vegas Apartment Buy
A joint venture between CEDARst Companies and Bridge Investment Group (NYSE: BRDG) has acquired a 2.29-acre site within the Las… Read more
PGA Station Redevelopment Given Green Light
Catalfumo and Richman Group plan to knock down two Palm Beach Gardens office buildings and replace them with two apartment… Read more
KC Approves Funds to Kickstart Final Phase of Midtown Plaza
Kansas City recently approved a $750,000 appropriation of surplus Midtown tax increment financing revenue for the last residential portion of… Read more
Pasadena Apartments Sell at 4.38% Cap Rate
Marcus & Millichap closed the sale of 1471 Fair Oaks Ave., an 18-unit apartment property in Pasadena. The asset changed… Read more
Garden-Style Multi Trades in San Diego’s North Park Submarket
Northmarq completed the sale of a nine-unit garden-style multifamily property in North San Diego for $3.15 million. Erik Anderson and… Read more