Transactions: Page 19

  • delinquent loan inscription, calculator and money
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    designer491 via Getty Images
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    Increasing number of CMBS loans move into servicing

    The multifamily delinquency rate also rose in August as capital markets’ volatility muddied the long-term picture.

    By • Sept. 13, 2022
  • Aerial shot of white, high-rise apartment building.
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    Permission granted by Hines
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    DEALS + STARTS

    Hines makes second-largest purchase in South Florida history

    After tracking Gables Station since February, Hines closed on the property in July after another buyer dropped out.

    By • Sept. 9, 2022
  • Brick apartment with grass in the foreground.
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    Permission granted by Blackfin Real Estate Investors
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    DEALS + STARTS

    Blackfin sells Charlotte-area apartments for $78M

    The Virginia-based owner bought the over-50-year-old property for $19 million in 2017.

    By • Sept. 6, 2022
  • Joint venture agreement, pen and eyeglasses lying on table.
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    Motortion via Getty Images
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    Landmark teams up with investment firm to create $2B build-to-core student housing joint venture

    This is just the latest deal between the country’s largest student housing developer and the Abu Dhabi Investment Authority.

    By • Sept. 6, 2022
  • For lease sign
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    Mario Tama via Getty Images
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    Blackstone’s SFR arm pulls back on home purchases

    Home Partners of America will pause acquisitions in 38 markets.

    By • Sept. 2, 2022
  • Fannie Mae sign at corporate headquarters
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    Win McNamee via Getty Images
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    FHFA asks for feedback on Fannie and Freddie affordability requirements

    One observer thinks changing the benchmark levels from the total number of affordable units to the percentage of affordable units will force more focus on affordability.

    By • Aug. 31, 2022
  • Brown and white apartments with parking lot in the foreground.
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    Permission granted by The Jacobson Co
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    Q&A

    How one executive bridges the gap between entertainment and real estate

    Larry Jacobson partners with high-net-worth investors to make value-add buys.

    By • Aug. 30, 2022
  • Aerial view of collapsed condo in Surfside, Florida.
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    Joe Raedle via Getty Images
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    DAMAC finalizes deal for Champlain Towers land

    The Dubai-based developer paid nearly $120 million to purchase the almost 2-acre beachfront property in Surfside, Florida.

    By • Aug. 30, 2022
  • Three-story brick building with trees and cars in the foreground.
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    Permission granted by Beacon Real Estate Group
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    Q&A

    How one owner incorporates business intel to enhance portfolio management

    Florida-based Beacon Real Estate Group invests in technology that helps it work with operators.

    By • Aug. 29, 2022
  • Lawsuit form an a desk with pen and calculator
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    courtneyk via Getty Images
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    Related files suit against furnished apartment provider

    The New York City-based apartment owner claims that Furnished Quarters owes it more than $2 million.

    By • Aug. 24, 2022
  • Brown, two-story apartments in Florida surrounded by palm trees and cares.
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    Permission granted by Odyssey Properties Group
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    DEALS + STARTS

    Odyssey Properties acquires 304 units in Florida

    The Los Angeles-based firm bought two properties for $53 million.

    By • Aug. 22, 2022
  • Brown, two-story apartment buildings with grass in the foreground.
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    Permission granted by Excelsa Properties
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    Q&A

    A slowing market may allow this owner to make more deals

    As rising rates weed out some buyers, Excelsa sees the opportunity to make acquisitions.

    By • Aug. 22, 2022
  • a hand with calculator and papers
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    fizkes via Getty Images
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    Borrowers bring more money to the table as interest rates rise

    Loan-to-value ratios are dropping and it's taking more work to close loans.

    By • Aug. 22, 2022
  • A "For Lease" posted outside a white house
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    Mario Tama via Getty Images
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    Institutions to own 40% of SFRs by 2030

    As large owners grab a greater share of single-family rentals, deliveries should hit an all-time high later this year.

    By • Aug. 17, 2022
  • Person in blue shirt holding a pen with a calculator and papers in front of them.
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    pinstock via Getty Images
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    Apartment buyers must work harder to get loans

    In the current economic climate, owners say the number of lenders open for business has declined dramatically.

    By • Aug. 15, 2022
  • wooden blocks with letters making refinance text
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    Eugene Zvonkov via Getty Images
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    Deep Dive

    Interest rate increases put apartment refinancing at risk

    As owners go back to lenders, they will need to bring more cash to the table.

    By • Aug. 15, 2022
  • Apartment property next to a body of water.
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    Permission granted by Venterra Realty
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    Q&A

    Why one executive says revenue growth is unsustainable

    Property values may fall, Venterra Realty’s John Foresi says, but the long-term outlook is still in multifamily’s favor.

    By • Aug. 12, 2022
  • Four-story apartment building with Palm tress in the foreground.
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    Permission granted by TruAmerica
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    TruAmerica adds 1,500 units in 3 transactions

    The company secured the five suburban apartment communities in three markets.

    By • Aug. 11, 2022
  • brick apartment building
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    Permission granted by Northland
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    Northland enters Wisconsin, continuing its Midwest expansion

    The company has made nine acquisitions in the past seven months.

    By • Aug. 9, 2022
  • Apartment building with palm trees and a pool in the foreground
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    Permission granted by Fogelman Properties
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    Q&A

    Why it’s harder to find value-add properties

    Memphis, Tennessee-based Fogelman Properties has ramped up its buying engine, but it has to look hard to find deals.

    By • Aug. 8, 2022
  • Pool and chairs in the foreground and an apartment community in the background.
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    Permission granted by DB Capital Management
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    Q&A

    Buyers, sellers are far apart on prices

    With 5% to 15% pricing adjustments, DB Capital Management's Brennen Degner sees the market slowing.

    By • Aug. 3, 2022
  • Yellow apartment building with trees and pool inthe foreground
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    Permission granted by American Landmark Apartments
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    American Landmark enters Arizona

    The apartment owner looked for a while until it found the right deals in Phoenix, according to its CEO.

    By • Aug. 1, 2022
  • A pool area with palm trees in front of an apartment building.
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    Permission granted by Haven Realty Capital
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    DEALS + STARTS

    Haven Realty Capital acquires BTR townhomes in progress near Las Vegas

    The $22.8 million purchase of Thrive at Peace Way will close in phases as the homes are completed.

    By • July 29, 2022
  • Picture of three-story, brown and white apartments with a pool in the foreground.
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    Permission granted by Magma Equities
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    Q&A

    Why one apartment owner is betting on North Carolina

    As Magma Equities secures more deals, it’s able to unearth more buying opportunities.

    By • July 26, 2022
  • Aerial picture of high rises
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    Art Wager via Getty Images
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    The markets with the most apartment sales so far in 2022

    The Sun Belt has strong representation in the top five cities, with Dallas setting a record for transactions in the first half of the year.

    By • July 26, 2022