Monday, April 22, 2024

News

falling multifamily property prices and commercial property prices

MSCI: Multifamily property prices continue to fall

The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices in March fell 0.9 percent from their level of the month before. This is down slightly from last...
Mosaic Apartments

Rise48 Equity Celebrates Milestone 50th Multifamily Acquisition with Mosaic Apartments in the Dallas MSA

Rise48 Equity, a leading multifamily investment group, announced the acquisition of Mosaic Apartments in the DFW area of Texas. Rise48 Equity has plans to revitalize Mosaic Apartments, soon to be rebranded Rise Fossil Creek, with...
Courtyard

Emerald Heights Welcomes First Residents to New Assisted Living Courtyard Building Near Bellevue Washington

Emerald Heights, a senior living community in Redmond, Washington, officially opened the doors to their newest addition, Courtyard, and started welcoming their first residents. The three-level Courtyard building offers six apartment designs including one-bedroom, one-bedroom...
Montego Square Apartments

Alliance Companies Breaks Ground and Secures Funding for 280-Unit Montego Square Apartments

Alliance Companies is moving forward with the development of their 280-unit Montego Square Apartments located at 4051 Winkler Avenue in Ft. Myers, Florida, following a loan closing on the $57.3 million construction project and...
Trailhead at Chisholm Trail Ranch

Willow Bridge Announces Trailhead at Chisholm Trail Ranch Apartments Now Pre-Leasing in South Fort...

Trailhead at Chisholm Trail Ranch, a 284-unit apartment community in South Fort Worth, is now pre-leasing. Developed by Aberg Property Company and Titan Development, Trailhead at Chisholm Trail Ranch is nestled within the 600-acre...
Englewood Senior

The Benoit Group and Atlanta Housing Announce Financial Closing of the $72M Affordable Englewood...

The Benoit Group, a national multifamily and commercial real estate developer, owner, and operator headquartered in Atlanta, in partnership with Atlanta Housing, Georgia's largest public housing authority, announced the financial closing for the development...
Westbend South

Trademark Property Company Announces Plans to Develop 300-unit Multifamily Project Westbend South in FW...

Mixed-use development powerhouse Trademark Property Company is planning another Fort Worth, Texas project. Westbend South is a planned seven-story apartment complex nested beside the Trinity River near the active Westbend development. Trademark has had...
Eagle Pointe Apartments

Gantry Secures $40.5M Permanent Financing for Eagle Pointe Apartments in Albany Oregon

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $40.5 million permanent loan to retire construction financing for the recently completed and now stabilized class-A apartment project Eagle Pointe...
Arcadia Gardens

Cushman & Wakefield Advises Sale of 76-Unit Arcadia Gardens Apartments in Phoenix for $14.75M

Cushman & Wakefield announced the firm has brokered the sale of Arcadia Gardens, a 76-unit apartment community in Phoenix, Arizona. The asset was acquired by CSLC Housing Acquisitions for $14.75 million, the seller was an...
apartment construction multifamily housing construction

Apartment supply from both sides – deliveries and starts

Multifamily analysts take a look at apartment supply from both sides, predicting the market will work through its current supply overhang by 2026/2027. In his latest blog on LinkedIn, RealPage market analyst Carl...
Sylvan Woods Evesham

Pre-Leasing is Now Open for Sylvan Woods Evesham Active Adult 55+ Apartment Community in...

Sylvan Woods Evesham, the area's first Active Adult 55+ apartment community, is under construction and is now accepting preleases for residents. "Sylvan Woods Evesham is designed with resort-style amenities, ample social options and the space...
Oradell Apartments

SAGE Announces Sale of 24-Unit Garden-Style Apartment Complex Oradell Apartments in New Jersey

SAGE Investment Real Estate Advisors has announced the sale of a 24-unit garden-style Oradell Apartments in Oradell, New Jersey for an undisclosed price. The firm’s partners and co-founders Greg Pine and Steve Tragash managed the...
The Evergrove

Leon Capital Announces Pre-Leasing for The Evergrove Apartments in North Austin

Leon Multifamily is thrilled to announce pre-leasing for its newest highly anticipated luxury residential community The Evergrove exquisite apartment homes, located just north of Austin in Leander, Texas will begin this spring. "We are excited...
Homestead at Boulder City

The Bascom Group Picks Up 72-Unit Senior Housing Property Homestead at Boulder City in...

The Bascom Group LLC has acquired Homestead at Boulder City, a 72-unit, senior housing property in Boulder City, Nevada, for $3.05 million or $42.4k per unit. Homestead at Boulder City sits on 6.39 acres, has...
Gardens Vista Apartments

Vista Residential Partners Receives City of Palm Beach Gardens Approval for New Luxury 221-unit...

Vista Residential Partners, a national multifamily development firm headquartered in Atlanta, Georgia received City of Palm Beach Gardens, Florida, approval for luxury 221-unit multifamily development, to be known as Gardens Vista Apartments. Located at the...
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