Transactions
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Permission granted by Harrison Street
Q&AHarrison Street remains bullish on student housing
The sector is stable and not directly tied to the performance of the overall economy, according to head of asset management Ben Mohns.
By Leslie Shaver • Jan. 17, 2025 -
skynesher via Getty Images
Aimco opens the door for sale or merger
The REIT’s board of directors has decided to explore alternatives to “unlock and maximize shareholder value.”
By Leslie Shaver • Jan. 13, 2025 -
ribeirorocha via Getty Images
2025 Outlook3 reasons deal flow will increase in 2025
With capital waiting and new assets hitting the market, transactions should get a boost this year.
By Leslie Shaver • Jan. 13, 2025 -
Permission granted by Candela
DEALS + STARTSCityview acquires Los Angeles property for a reported $36M
The California-based firm bought Candela at a price “significantly below replacement cost,” according to CEO Sean Burton.
By Leslie Shaver • Jan. 9, 2025 -
Permission granted by CP Capital
DEALS + STARTSCP Capital makes Boston-area deal
In the just-announced transaction, the New York City-based real estate investment manager sold Hathon, a 190-unit apartment community in Medway, Massachusetts.
By Leslie Shaver • Jan. 6, 2025 -
Permission granted by CF Capital
DEALS + STARTSCF Capital buys 314 Indy units for $50M
The firm assumed in-place Freddie Mac financing to purchase the partially renovated Island Club Apartments, where it plans to invest $2.8 million in upgrades.
By Leslie Shaver • Jan. 2, 2025 -
unkas_photo via Getty Images
Starts fall dramatically
Completions rose 13.6% year over year, markedly lower than the 61% YOY increase in October, while permits jumped.
By Leslie Shaver • Jan. 2, 2025 -
Sundry Photography via Getty Images
MSCI: Apartment sales jump 40%
Buoyed by Blackstone’s purchase of AIR in June, 2024 apartment sales exceeded 2023’s totals.
By Leslie Shaver • Dec. 19, 2024 -
Ivelin Denev via Getty Images
Investcorp acquires 4 student assets for $300M
The properties, which encompass more than 2,500 beds, are located at major schools in Texas, Kentucky and Oklahoma.
By Leslie Shaver • Dec. 19, 2024 -
Permission granted by Walker & Dunlop
Mesirow makes $185M San Diego acquisition
The purchase of the 410-unit Preserve at Melrose is the area’s second-largest deal of the year.
By Leslie Shaver • Dec. 18, 2024 -
Colleen Michaels via Getty Images
Canyon raises $1.2B investment vehicle
CRED III will target real estate debt investments and real estate credit securities across the U.S.
By Leslie Shaver • Dec. 13, 2024 -
Nafiz Rahat via Getty Images
508-unit NYC building likely to head to servicing
The property, 180 Water St., has a $265 million loan that originated in 2019 and an additional $100 million in mezzanine debt.
By Leslie Shaver • Dec. 10, 2024 -
Permission granted by TF Cornerstone
Dune, TF Cornerstone create $1B conversion venture
The firms formed Alta Residential, which will convert office buildings to residential uses in cities with high barriers to entry.
By Leslie Shaver • Dec. 9, 2024 -
Permission granted by Hudson Valley Property Group
Hudson Valley Property Group acquires 22-property portfolio
The firm purchased the 4,768 units, located in Washington, Colorado, California and Idaho, from Inland Group.
By Leslie Shaver • Dec. 9, 2024 -
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Brookfield buys $845M portfolio from Blackstone
The firm purchased eight properties totaling more than 4,000 units from Blackstone Real Estate Income Trust.
By Leslie Shaver • Dec. 3, 2024 -
Courtesy of Knightvest Capital
DEALS + STARTSKnightvest lands 3 Texas deals
The firm continues to buy as it works out extensions with lenders on properties bought in 2021 and 2022.
By Leslie Shaver • Dec. 2, 2024 -
vkyryl via Getty Images
MSCI: Cap rates rise 20 bps this year
Apartment sales volume increased 18% YOY in October, while prices fell 6.1%.
By Leslie Shaver • Nov. 25, 2024 -
Courtesy of Fannie Mae
FHFA announces higher caps for Freddie, Fannie
The announcement comes as questions surround the future of GSEs under the incoming Trump administration.
By Leslie Shaver • Nov. 21, 2024 -
Courtesy of Gilbane
DEALS + STARTSGilbane, CBRE partner on student housing portfolio
The initial transaction includes three existing properties and three in development across six Power Four schools.
By Mary Salmonsen • Nov. 20, 2024 -
tntemerson via Getty Images
Multifamily inches down to $14.2B in distress
Despite a staggering amount of troubled properties, a number of reports point to an improving landscape.
By Leslie Shaver • Nov. 19, 2024 -
Permission granted by AvalonBay Communities, Inc.
AvalonBay expands build-to-rent operations, plans future acquisitions
The company expects to find opportunities in its Texas, North Carolina and Colorado markets.
By Mary Salmonsen • Nov. 19, 2024 -
Permission granted by Lakeland Capital
Lakeland goes off-market to buy Massachusetts property
The firm secured 135 Main Street through a previous relationship and plans value-add upgrades at the asset.
By Leslie Shaver • Nov. 15, 2024 -
Permission granted by Archway Equities
DEALS + STARTSArchway grabs deal for 30% discount in Dallas
The California-based firm plans exterior and amenity upgrades at the Coronado Apartment Homes.
By Leslie Shaver • Nov. 14, 2024 -
Permission granted by Harrison Street
Harrison Street sells student portfolio for $893M
The Scion Group and a major institutional investor bought the 14 communities totaling 8,724 beds.
By Leslie Shaver • Nov. 13, 2024 -
Permission granted by Standard Communities
Standard Communities acquires $1B portfolio
The firm plans to invest over $30 million in capital improvements and deferred maintenance across the 6,000 units in more than 60 communities.
By Leslie Shaver • Nov. 8, 2024
