Scottsdale
Capital Square Sells Richmond MF for 156% Return to Investors
Capital Square finalized the sale of Summit at Bon Air Apartments, a 296-unit multifamily community in the Richmond suburb of Bon… Read more
Venterra Adds to San Antonio Holdings
Venterra Realty has acquired Avasa at 1604, a blended rental community with 339 apartment units and 85 single-family rental homes at… Read more
Bill to Expand California Rent Control is a Nonstarter
The California Apartment Association (CAA) announced that a legislative proposal to broaden the scope of rent control in California has… Read more
Small-Building Pipeline Surges, Yet NYC Multifamily Development Lags
New York City saw 728 new building filings in the fourth quarter of 2023, a 48% increase over the historical… Read more
Creation Finds Rare Lot for Scottsdale Warehouse
Creation broke ground on Thunderbird Commerce Park, a $60 million industrial center set on a rare 18-acre parcel within Scottsdale… Read more
Harbor Group Picks Two Denver Rental Properties
Harbor Group International announced the $132.5 million acquisition of a recently built two-asset multifamily portfolio in Denver, Colorado. The portfolio comprises two Class… Read more
Newgard Building Fort Lauderdale Condos/Rentals
Newgard Development Group plans to develop Natiivo Fort Lauderdale, a 40-story, 384-unit resort condominium project in downtown Fort Lauderdale. Natiivo Fort… Read more
URS Buys Charlotte Property, Assumes Loan
Napali Capital sold Residences at Belmont, a 176-unit garden-style multifamily property located in Belmont, N.C., to URS Capital. URS Capital… Read more
Northmarq Secures $56M in Debt, Equity for BTR Property
Northmarq’s Minneapolis Debt & Equity team of Andy Finn, senior vice president and senior director, and Dan Trebil, executive vice… Read more
Boutique Apartments Near Wrigley Field Fetch $3M
Interra Realty brokered the $3.25 million sale of a 12-unit apartment building at 4016-18 N. Kenmore Avenue in Chicago’s Buena… Read more
$25M Permanent Loan Retires West LA Construction Debt
Gantry secured a $25.4-million permanent loan to retire construction financing for the recently completed SW by CLG in Los Angeles.… Read more
Northmarq Secures $82M Refi of Irvine Multifamily
Northmarq’s West Palm Beach debt + equity team of David Gahagan, Chris Hammel and Chandler Kaye secured the $82-million refinance of The Cartwright apartments in… Read more
Active Adult Condo Project Lands $51M Financing
JLL Capital Markets arranged $51.1 million in construction financing for 375 W El Pintado, a 50-unit, active adult luxury condo development in Danville. A… Read more
Transformative One Beverly Hills MXU Breaks Ground
The developers of One Beverly Hills held a ceremonial groundbreaking Thursday for the mixed-use project. With a final cost estimated… Read more
Movcap Acquires UWS Building for $5M
Lawrence Movtady’s Movcap investment company has acquired a six-story walk-up building on the Upper West Side for $5.25 million. Located… Read more
Ron Moelis Elected Chairman of NYC Housing Partnership
Ron Moelis, chairman and co-founder of L+M Development Partners LLC, has been elected Chairman of the Board of Directors of… Read more
Denver Duo Planning Office to Housing Conversion
Adaptive reuse is not a new concept to Denver investors. The city has been party to numerous conversions from one… Read more
Wasatch Planning 600 Units in Thomas Ranch
Wasatch Premier Properties (WPP) has bought a 58-acre site in Thomas Ranch to build a multifamily community. The property is… Read more
Axonic Lands Loan for Tampa Condo Apartments
Berkadia secured financing for Axonic Properties’ acquisition of 246 out of 361 condo units at Palmera Pointe Apartments, located in… Read more