Firms including Mill Creek, Greystar and Kushner made news in recent months.
Hunter Pasteur Homes
The multifamily sector is undergoing rapid changes, and company leaders are working hard to stay on top of challenges like supply chain issues, inflation and fluctuating interest rates.
They are also striving to make the best of current market conditions, tech solutions and skyrocketing rents while finding new ways to make their companies stand out from the competition.
Below, Multifamily Dive recaps some of the top deals and groundbreakings of this summer.
The 132-unit Atlantic Club in Long Branch, New Jersey, will encompass units ranging from one to five bedrooms and 993 to 4,246 square feet in size. Read the full article ➔
Although a buyer wasn’t named, the 164-unit asset in Mountain View is now listed on Essex Property Trust’s website. Read the full article ➔
The Downs will contain 174 apartments, 53 condos and 245 homes and townhomes at full buildout, plus retail and parking spaces. Read the full article ➔
Capreit sold the four-building, 282-unit complex that was built in 1998. Read the full article ➔
Matheson Capital purchased the 248-unit Residences at St. George in Savannah — its 14th acquisition as the lead sponsor. Read the full article ➔
Although the Florida-based developer made its name in new construction, value-add purchases and structured products will represent a larger part of the business going forward. Read the full article ➔
The 86-unit project will be located on Sunset Boulevard in Los Angeles. Read the full article ➔
JBM Institutional Multifamily Advisors, which brokered the deal, sees the transaction market opening up in the Sunshine State. Read the full article ➔
EVP of Investments Kyle Bateh sees a lot of dry powder on the sidelines waiting to make deals. Read the full article ➔
The firm plans to spend $8 million upgrading The Drake at St. Pete, a 36-building property in St. Petersburg. Read the full article ➔
Livana Colts Neck is the third property in the developer’s new aspirational apartment brand. Read the full article ➔
Hub Raleigh is one of Core’s largest projects to date, increasing its portfolio by 5.5%. Read the full article ➔
The Cocoa Grand is the Western New York firm’s fifth purchase in the Sunshine State. Read the full article ➔
