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Multifamily
Apartments from garden to high‑rise: rents, concessions, lease‑ups, and capex plans.
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Belmont Affordable Housing Replaces Bel Mateo Motel
19+ hour, 51+ min ago (200+ words) The corner of Belmont Avenue and El Camino Real is getting a major makeover, as a new 125-unit affordable housing development has been approved to replace the aging Bel Mateo Motel, according to the San Mateo Daily Journal. The project…...
CRE Rent Growth Fragments Across Major Property Sectors
2+ day, 7+ hour ago (345+ words) CRE rent growth remains positive year over year, but office is slowing, retail is weakening, and industrial rents are stabilizing....
MG Properties Buys Park 12 Tower in San Diego for $309M
1+ day, 10+ hour ago (248+ words) A 35-story apartment tower looming over Petco Park has a new owner. MG Properties has acquired Park 12 Apartments in downtown San Diego for $309 million, adding 718 units to its home-market portfolio in one of the largest multifamily trades the region has…...
Shelbyville tenants form union against property management corporation
2+ day, 1+ hour ago (380+ words) Members of the Shelbyville Tenants Union and the Kentucky Tenants Union join together to relay their message to the higher-ups at Winterwood Inc. Tenants in Shelbyville are standing up and fighting back against a corporation that manages several complexes throughout…...
123 23rd St NW Apt H, Hickory, NC 28601
1+ day, 22+ hour ago (107+ words) Realtor.com - Home buyers reveal: 'What I wish I had known before buying my first home' - How much can you make selling your home? - Debunked! 8 myths about renting you should stop believing immediately - 6 ways home buyers mess up getting a…...
News | L&B Realty acquires 12-property industrial portfolio in New Jersey
1+ day, 23+ hour ago (101+ words) CoStar L&B Realty acquires 12-property industrial portfolio in New Jersey - After two years on sidelines, this LA apartment investor is spending again --------------------------------------------------------------- - Austin-area medical building sells for $12 million --------------------------------------------------------------- - Shuttered Charlotte-area manufacturing plant gets new owner --------------------------------------------------------------- - Bonaventure Realty Group acquires…...
Barings Sells Midtown West Rental Tower for $244 Million
2+ day, 21+ hour ago (274+ words) Barings sold its 44-story Riverbank to JPMorgan Asset Management for $243.5 million. The rental property is at 560 W. 43rd St. in Manhattan’s Midtown West submarket. JLL represented seller Barings, procured the buyer and arranged $128.3 million in acquisition financing. Originally developed in the late…...
Berkadia closes sale of two multifamily properties in Houston???s Midtown neighborhood
2+ day, 1+ hour ago (252+ words) Berkadia closes sale of two multifamily properties in Houston’s Midtown neighborhood REJournals Berkadia brokered the sale of 220 and 230 W. Alabama, two multifamily properties totaling 131 units in the heart of Midtown in the urban core of Houston, Texas. The Berkadia Houston…...
ECA Acquires 20-Property Texas Multifamily Portfolio
2+ day, 2+ hour ago (264+ words) Elowen Capital structured and sourced $101 million in total capitalization for ECA’s acquisition of a 20-property, 1,576-unit multifamily portfolio spanning 13 cities across Texas. The capitalization combines $94.2 million in senior and stretch senior bridge debt across two independent lenders with $6.7 million in…...
Midtown Capital Pays $86M for 13 Doral Industrial Assets - Connect CRE
1+ day, 22+ hour ago (236+ words) Midtown Capital Pays $86M for 13 Doral Industrial Assets connectcre.com Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business. Offering on-demand online courses that provide continuing…...