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Gebroe-Hammer Predicts New NYC Rent Control Laws Will Bring ‘Onslaught of Investor Demand’ in New Jersey
Blog 7 hours ago
Gebroe-Hammer Predicts New NYC Rent Control Laws Will Bring ‘Onslaught of Investor Demand’ in New Jersey

LIVINGSTON, NJ-Locally-based real estate investment firm Gebroe-Hammer Associates reports closed multifamily sales of more than $820 million in the...

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Redwood Enters Phoenix Apartment Market
Blog 9 hours ago
Redwood Enters Phoenix Apartment Market

Chicago-based Redwood Capital Group has entered the Phoenix apartment market. The investor has acquired the Carter, a 365-unit class-A apartment...

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Deer Valley Apartments Trades for $56M
Blog 9 hours ago
Deer Valley Apartments Trades for $56M

An entity formed by Tides Equities has acquired Park at Deer Valley Apartments for $56.7 million from an entity formed by Billah Khan, of Chandler,...

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70-Acre Development Site in Mesa Sells
Blog 14 hours ago
70-Acre Development Site in Mesa Sells

Mesa-based Bela Flor has acquired a 70-acre development site in Mesa, Arizona, for $12.7 million from an entity of Prudential. The buyer plans to...

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Lenders Open Up to Phoenix Construction Deals
Blog 3 days ago
Lenders Open Up to Phoenix Construction Deals

A few years ago, securing construction debt was a challenge in Phoenix, but today, lenders are actively chasing deals. The capital markets appetite...

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Condo Sales Pick Up in Las Vegas
Blog 3 days ago
Condo Sales Pick Up in Las Vegas

The 21-story Ogden condominium tower in Las Vegas is 95% sold with only 15 units remaining. Condo Sales Pick Up in Las Vegas

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Phoenix’s Canyons on Colter Apartments Trades Hands
Blog 4 days ago
Phoenix’s Canyons on Colter Apartments Trades Hands

A California-based entity formed by Next Round Asset Management has acquired the Canyons on Colter Apartments in Phoenix for $34 million from...

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Roxborough Fund Sheds Las Vegas Apartment Portfolio
Blog 4 days ago
Roxborough Fund Sheds Las Vegas Apartment Portfolio

A joint venture between Continental Realty Advisors and The Roxborough Group has sold a Las Vegas apartment portfolio through its affiliate...

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With Milestones Met, Alameda Point Charges On
Blog 4 days ago
With Milestones Met, Alameda Point Charges On

ALAMEDA, CA-While Naval Air Station Alameda closed more than 20 years ago, the site is finally coming to life in a $1 billion mixed-use transit...

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NYC Housing Partnership Appoints Crystal Kay General Counsel
Blog 4 days ago
NYC Housing Partnership Appoints Crystal Kay General Counsel

NEW YORK CITY-The NYC Housing Partnership has appointed a new general counsel, Crystal Kay. She comes from the Brooklyn Legal Service Corporation...

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Harbor Buys $117M Multifamily Property in Crown Heights, Brooklyn
Blog 4 days ago
Harbor Buys $117M Multifamily Property in Crown Heights, Brooklyn

NEW YORK CITY-Harbor Group International, a privately-owned real estate investment and management firm, purchased the newly built multifamily...

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Virtua Funds Opportunity Zone Project in Tempe
Blog 5 days ago
Virtua Funds Opportunity Zone Project in Tempe

Virtua Credit has funded an opportunity zone project in Tempe for its affiliate Virtua Partners. The firm has funded a $15 million non-recourse...

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Two-Asset Apartment Portfolio in Phoenix Sells for $56M
Blog 5 days ago
Two-Asset Apartment Portfolio in Phoenix Sells for $56M

Chicago-based Intercapital Partners has acquired a two-property apartment portfolio in Phoenix for a combined $56.7 million from 3rd Ave...

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Waterton Re-Enters the Las Vegas Multifamily Market
Blog 6 days ago
Waterton Re-Enters the Las Vegas Multifamily Market

Chicago-based national investor Waterton has re-entered the Las Vegas multifamily market after two years. The firm has acquired a two-property, 720...

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UMH Properties Acquires Ohio Manufactured Home Community for $19M
Blog 6 days ago
UMH Properties Acquires Ohio Manufactured Home Community for $19M

PERRYSBURG, OH-UMH Properties Inc., which is headquartered in Freehold, NJ, has acquired the Friendly Village manufactured home community here for...

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L.A. Apartment Rent Growth Continues to Slow
Blog 6 days ago
L.A. Apartment Rent Growth Continues to Slow

Los Angeles apartment rents are continuing to slow down. According to a report from Apartment List, apartment rents for a two bedroom increased...

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Seattle House Master Use Permit in Place for 1MSF
Blog 1 week ago
Seattle House Master Use Permit in Place for 1MSF

SEATTLE-Concord Pacific, a Canadian master-planned urban community builder, has purchased a 38,934-square-foot half-block in downtown Seattle...

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Removal of Multifamily Rent Restrictions Means Higher Rents
Blog 1 week ago
Removal of Multifamily Rent Restrictions Means Higher Rents

DALLAS-Many income and rent-restricted properties completed in the early 2000s are now eligible to have rent restrictions removed, allowing owners...

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QIA, Douglass Emmett Partner to Buy The Glendon
Blog 1 week ago
QIA, Douglass Emmett Partner to Buy The Glendon

Douglas Emmett and the Qatar Investment Authority have acquired the Glendon in Westwood through their existing multibillion-dollar investment...

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Foreign Investor Sells Phoenix Apartments
Blog 1 week ago
Foreign Investor Sells Phoenix Apartments

Canadian investor Emma Capital has sold the Ridgepoint Apartments in Glendale, Arizona, for $19.8 million to a local Arizona investor. The sales...

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Pendry Park City Secures Construction Funds
Blog 1 week ago
Pendry Park City Secures Construction Funds

Developer Columbus Pacific has secured construction financing for the Pendry Park City, a sprawling mixed-use development in Canyons Village....

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TruAmerica and RSE Acquire $63.74M Multifamily Portfolio
Blog 1 week ago
TruAmerica and RSE Acquire $63.74M Multifamily Portfolio

TAMPA, FL - TruAmerica Multifamily and RSE Capital Partners have acquired a two-property, 454-unit multifamily portfolio in a $63.75 million joint...

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Meadowlark Home Development Site Trades Hands
Blog 1 week ago
Meadowlark Home Development Site Trades Hands

Developer D. R. Horton has acquired the Meadowlark land site in Riverside from American Property Enterprises and Western Residential Opportunity...

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Relative Properties Scoop Up Riverwalk at Millennium
Blog 2 weeks ago
Relative Properties Scoop Up Riverwalk at Millennium

CONSHOHOCKEN, PA-Long Wharf Capital and Sully Co. have sold the Riverwalk at Millennium multifamily development here to Bryn Mawr, PA-based...

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Bascom Sheds Las Vegas Apartment Asset
Blog 2 weeks ago
Bascom Sheds Las Vegas Apartment Asset

The Bascom Group has sold The Edge at Traverse Point in Henderson Nevada for $60.7 million to New York-based private investor, Securities...

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Camber Buys $76M Bronx Residential Building from Stellar Management
Blog 2 weeks ago
Camber Buys $76M Bronx Residential Building from Stellar Management

NEW YORK CITY-Stellar Management sold its Bronx residential building known as Highbridge House at 1133 Ogden Ave. for $76.24 million to a joint...

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Lack of Rent Control Hands Investors Interesting Opportunity
Blog 2 weeks ago
Lack of Rent Control Hands Investors Interesting Opportunity

VANCOUVER, WA-Vista Investment Group continues its Portland, OR buying spree. Goldman Sachs Asset Management Private Real Estate's joint venture...

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Five-Property Multifamily Portfolio Grosses $246.77M
Blog 2 weeks ago
Five-Property Multifamily Portfolio Grosses $246.77M

DALLAS-American Landmark and JV partner, RSE Capital Partners recently acquired a five-property multifamily portfolio with assets in Texas and...

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Jonathan Morgan Named EY Entrepreneur of the Year for Greater Philly
Blog 2 weeks ago
Jonathan Morgan Named EY Entrepreneur of the Year for Greater Philly

KING OF PRUSSIA, PA-Jonathan Morgan, president of locally-based apartment owner and operator Morgan Properties, has won the EY Entrepreneur Of The...

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As Talk about GSEs' Overhaul Swirls, Multifamily Makes a Good Case
Blog 2 weeks ago
As Talk about GSEs' Overhaul Swirls, Multifamily Makes a Good Case

WASHINGTON DC-There has been plenty of talk coming out of Washington, DC that attention will finally turn to Fannie Mae and Freddie Mac to bring...

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