Total 27 Posts
At Multifamily.Today, our multifamily news updates include information about economic trends, major deals, property financing and other subjects of interest to apartment investors, developers, managers, and other players in the multifamily industry.
Tucson Community Sells for $14M
The 1972-built community traded for roughly $155,000 per unit.
Alta Housing Opens Silicon Valley Affordable Housing
The 71-unit development will house individuals and two-person households earning between 30% and 70% of the area median income.
CES Properties Sells $61M Value-Add Community
Sack Properties acquired the 195-unit Seattle asset in an off-market transaction.
Thompson Thrift to Develop Daytona Beach Luxury Community
The company plans to deliver the 300-unit community in 2023.
EverWest Buys $55M Seattle Property
The investment marks the company’s third acquisition in the metro in the past month.
Ideal Capital Pays $96M for Phoenix Property
The newly opened community sold for approximately $561,400 per unit, more than double the average price in the first quarter.
Covenant Capital Pays $52M for Nashville Apartments
FirstBank of Tennessee provided the buyer with $36.5 million in acquisition financing for the 216-unit property.