While some large buildings are largely empty in the near term, multifamily real estate is facing the opposite challenge: unprecedented continuous occupancy.
An apartment complex in Birmingham, Alabama, sold for nearly 43% more than the value it traded for just four years ago.
Stonepine Apartments has traded hands in Thousand Oaks. A private family trust sold the 108-unit garden-style multifamily property has sold for $33.4 million
PA Multifamily, a privately held real estate investment company that specializes in acquisition, development and asset management, has joined the Urban Land Institute’s Greenprint Center for Building Performance (Greenprint).
West Coast-based FPA Multifamily, LLC has established a beachhead in the greater Boston market with the $130-million purchase of the Fountainhead Apartments
Tower 16 Capital Partners, a San Diego-based investor, has acquired the District at Grand Terrace in Colton for $63 million in an off-market transaction from FPA Multifamily.
CBRE has negotiated the sale of The Grammercy Apartment Homes, a multifamily property located at 9600 E. Girard Ave. in southeast Denver.