Transactions: Page 17


  • A picture of Reserve Eden Prairie, an apartment building in Eden Prairie, Minnesota.
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    Permission granted by Redwood Capital Group
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    DEALS + STARTS

    Redwood makes $43M acquisition in Minneapolis suburb

    Reserve Eden Prairie offers 375 units across five garden-style buildings.

    By July 1, 2022
  • Providence at Memorial apartments
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    Permission granted by Nitya Capital
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    Q&A

    Why one Houston-based owner decided to sell

    Swapnil Agarwal traded out of properties in his hometown but bought deals in other markets and asset classes.

    By June 28, 2022
  • shaking hands
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    seb_ra via Getty Images
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    Apartment transactions set yet another record in May

    As deal flow increased 22% year over year, values jumped 22.3% in the face of rising interest rates.

    By June 23, 2022
  • Soo Line, Village Green
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    Permission granted by Village Green
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    Q&A

    How rising cap rates could put pressure on managers

    Owners could expect more from their managers as rapid property appreciation declines.

    By June 15, 2022
  • Business people shaking hands in the office.
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    VioletaStoimenova via Getty Images
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    Property managers deal with churn

    With more investors selling properties than in the past, operators learn to adjust.

    By June 13, 2022
  • Ridge Point Apartments, Houston
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    Permission granted by Three Pillars
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    Q&A

    Rising interest rates could cause problems — but not how you'd think

    Higher borrowing costs could widen the expectation gap and strain certain multifamily owners, according to the founder of a Houston-based private equity firm.

    By June 7, 2022
  • Manzanita Square at San Francisco State University
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    Permission granted by American Campus Communities
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    The last public student housing REIT goes private

    ACC will move out of the public markets and be backed by Blackstone as a private company.

    By June 6, 2022
  • Camden Design District in Dallas
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    Permission granted by Camden Property Trust
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    DEALS + STARTS

    Camden takes control of $2.1B portfolio

    By buying out its partner, the REIT adds to its wholly-owned portfolio with a heavy emphasis on Texas markets.

    By June 2, 2022
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    Scott Heins via Getty Images
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    Apartment price growth decelerates

    Nevertheless, property sales increased 7% in April, primarily driven by one large deal.

    By May 31, 2022
  • The  212 Kittery Point, Santa Rosa, California community.
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    Permission granted by Pure Property Management
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    Pure makes a play for institutional investors, looks for more acquisitions

    The company expects to operate in 25 states by the end of the year and recently closed a $50 million financing round.

    By May 25, 2022
  • The SmartThings app.
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    Permission granted by Samsung
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    PRODUCTS

    May roundup: New multifamily products

    This month’s features include food delivery storage pods and a maintenance issue detection system.

    By May 25, 2022
  • Eighty Seven Park sits next to where the collapsed 12-story Champlain Towers South condo building once stood in Surfside, Florida
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    Joe Raedle via Getty Images
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    Surfside condo site sells for $120M

    Experts say the developer of the 2-acre property will need to consider a range of issues before starting work on a planned luxury residential tower.

    By Robyn Griggs Lawrence • May 24, 2022
  • Northland recently bought The Maven, a fully leased 276-unit, garden-style community located in Suwanee, Georgia.
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    Permission granted by Northland
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    Q&A

    Northland zeros in on the Atlanta market

    While the Atlanta metro appeals to the Top 50 owner, it doesn’t think the risk is worth the reward in some other high-profile markets.

    By May 23, 2022
  • The concept of the word M&A on cubes on a beautiful green background. Business concept
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    Zhanna Hapanovich via Getty Images
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    Opinion

    Lessons from the M&A front lines

    Firms should think big and prioritize early in the deal-making process, but they also need to consider steps for setting the tone after the ink dries.

    By David Roberson • May 16, 2022
  • Investors Management Group, Hardy Oak, San Antonio
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    Permission granted by Investors Management Group
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    Q&A

    How one investor chooses his markets

    Neil Schimmel avoids metros with investor-owned single-family housing and looks for owners that are from the area.

    By May 16, 2022
  • US map
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    KeithBinns via Getty Images
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    Foreign capital zeroes in on ESG-compliant properties

    Multifamily investors from Europe are starting to insist properties meet environmental, social and governance metrics. 

    By Robyn Griggs Lawrence • May 9, 2022
  • Eden Multifamily's ongoing Port Orange, Florida project, Crystal Lake
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    Permission granted by Eden Multifamily
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    Former Mets majority owners team up with Eden for Southeast development

    The partnership brings together two groups with decades of multifamily experience.

    By May 9, 2022
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    Permission granted by ZMR Capital
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    DEALS + STARTS

    ZMR Capital adds to its Tampa-area portfolio

    The company’s four recent acquisitions include one of the largest multifamily properties in the area.

    By May 5, 2022
  • City development.
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    ictor via Getty Images
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    Boston Capital leads NMHC's syndicators list again

    NMHC's list of companies that buy tax credits stays remarkably consistent.

    By May 3, 2022
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    Brandon Bell via Getty Images
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    Higher gas prices could help fuel a return to urban living

    As expensive fuel boosts demand, some apartment buyers are ready to make deals in cities.

    By May 2, 2022
  • Caliber's The Eclipse Townhomes in Scottsdale, Arizona.
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    Permission granted by Caliber Cos.
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    Q&A

    For one Arizona company, the market provides an opportunity to sell

    Despite selling more than 300 units, Caliber Cos. remains active in apartments and other real estate sectors.

    By April 29, 2022
  • apartments, multifamily
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    Retrieved from Flickr/Eric E Castro.
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    Apartment sales volume increases more than 20% in Q1

    Investors still chase apartments, but price growth slows as interest rate concerns loom.

    By April 29, 2022
  • Background of american one dollar bills
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    OlyaSolodenko/iStock via Getty Images
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    International investment in US multifamily sector grows

    Foreign investors poured $21 billion into American multifamily properties last year, much of it in the Sun Belt and second-tier markets.

    By Robyn Griggs Lawrence • April 18, 2022
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    Keith Binns via Getty Images
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    Starwood becomes top apartment owner in the country

    MAA drops to No 2. on NMHC’s annual list.

    By April 14, 2022
  • TruAmerica Multifamily's 270-unit The Estates at Canyon Ridge in San Antonio.
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    Permission granted by TruAmerica Multifamily
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    Q&A

    How TruAmerica finds deals in a competitive market

    Even with historically high amounts of capital chasing apartments, CEO Bob Hart said there are opportunities to add assets.

    By April 12, 2022