Canyon Partners JV to Develop Multifamily Near Future TSMC Plant

Canyon Partners JV to Develop Multifamily Near Future TSMC Plant

Canyon Partners Real Estate LLC, Ascendant Capital Partners and Bond Companies have formed a joint venture to support the development of Inspire Sonoran Desert, a 560-unit, Class A multifamily community in the... Read more »
1900-Vintage Multifamily Sells at Under-4.5% Cap Rate

1900-Vintage Multifamily Sells at Under-4.5% Cap Rate

Marcus & Millichap closed the sale of 77 Barrow St., a multifamily property in Manhattan’s West Village, for $6.7 million. Joe Koicim and Peter Dodge, investment specialists in Marcus & Millichap’s Manhattan office,... Read more »
1900-Vintage Multifamily Sells at Under-4.5% Cap Rate

Vista Apartments Go For $185M in San Diego’s Second-Largest Multifamily Deal YTD

Walker & Dunlop, Inc. arranged the $185,000,000 sale of Preserve at Melrose, a 410-unit multifamily property in Vista. The company said the sale represents the second-largest single-asset transaction in San Diego and the... Read more »
1900-Vintage Multifamily Sells at Under-4.5% Cap Rate

236-Unit North Hollywood Multifamily Trades in Off-Market Sale

Berkadia closed the sale and financing of Marquee, a 236-unit, garden-style multifamily property in North Hollywood. Senior managing director Adrienne Barr and director of transaction services Nancy Badzey of Berkadia Los Angeles led the off-market transaction. Senior... Read more »
1900-Vintage Multifamily Sells at Under-4.5% Cap Rate

Partnership Sets Pricing Benchmark for Multifamily Sale Along SR-78

Stos Partners, in partnership with multifamily operator Apartment Worth and an institutional investor, closed the sale of 938 N. Fig St., a 14-unit townhome complex in Escondido. The property sold for $7.9 million,... Read more »
1900-Vintage Multifamily Sells at Under-4.5% Cap Rate

Berkadia, NYU | Stern Partner on Multifamily Investment Case Competition

Berkadia and NYU | Stern partnered recently to create a new opportunity for students at top business schools across the U.S. During the inaugural Multifamily Investment Case Competition, held from Nov. 14-16... Read more »
FHFA to raise 2025 multifamily loan caps for GSEs by 4%

FHFA to raise 2025 multifamily loan caps for GSEs by 4%

The Federal Housing Finance Agency (FHFA) on Monday announced that it will raise the 2025 multifamily loan caps for purchases by the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to $73... Read more »
Turner Impact Capital Targets 0M Equity with Third Multifamily Fund

Turner Impact Capital Targets $750M Equity with Third Multifamily Fund

Turner Impact Capital has launched its third multifamily housing fund to address the country’s housing affordability crisis. Turner Multifamily Impact Fund III (TMIF III) seeks to raise up to $750 million of... Read more »
Newmark Closes Sale of “Westside Trio” Multifamily Portfolio

Newmark Closes Sale of “Westside Trio” Multifamily Portfolio

Newmark closed the $16.15-million sale of a multifamily portfolio, known as Westside Trio. Located in highly sought-after neighborhoods of West Los Angeles, the portfolio sold for a blended price per unit of... Read more »
Berkadia Arranges Acquisition Financing for Silver Lake Multifamily

Berkadia Arranges Acquisition Financing for Silver Lake Multifamily

Berkadia arranged financing for Silva, a 221-unit, midrise multifamily property located in Los Angeles’ Silver Lake neighborhood. Allan Freedman, Ben Harris, Charlie Haggard, Kevin Mignogna and Michael Beach of Berkadia secured acquisition financing on behalf... Read more »