Transactions

  • Clubhouse at Landmark at Gleneagles Clubhouse
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    Permission granted by S2 Capital
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    NEW FUNDS

    S2 Capital closes $373M distressed apartment fund

    The Dallas-based multifamily owner is targeting properties in high-growth markets, including Texas and the Carolinas.

    By • July 14, 2025
  • Mid-rise brick industrial building turned into apartments
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    Permission granted by Midloch Investment Partners
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    DEALS + STARTS

    Midloch acquires apartments built in former Pabst malt house

    The firm secured the Milwaukee landmark in a joint venture with Hempel Real Estate for $19.2 million.

    By • July 11, 2025
  • A pool surrounded by chairs at an apartment community.
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    Permission granted by Slate Asset Management
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    DEALS + STARTS

    Slate buys $226M Sun Belt apartment portfolio

    Peter Tsoulogiannis, chief investment officer at the Chicago-based real estate investor, discussed the motivation to acquire the 1,600 garden-style units.

    By • July 10, 2025
  • Three-level tan graden-style apartment property with a parking lot on the foreground
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    Permission granted by Keen-Summit Capital Partners
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    Troubled Connecticut property hits the market

    The LLCs that own the 210-unit Covered Bridge complex in Newtown declared bankruptcy after cost overruns and interest rate increases.

    By • July 9, 2025
  • Garden apartments with parking lot in the foreground
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    Screenshot: Google Maps

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    Austin apartments go to special servicing

    The Texas assets, owned by Keller Capital and backed by a $110 million loan, experienced a 16% decline in their 2024 net cash flow from issuance.

    By • July 8, 2025
  • White high-rise apartment building
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    Permission granted by JRK Property Holdings
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    DEALS + STARTS

    JRK Property Holdings enters Washington, DC

    CEO Bobby Lee sees the nation’s capital as a growth market, despite federal government cuts.

    By • July 1, 2025
  • an exterior of an apartment complex
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    xphotoz via Getty Images
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    Apartment sales volume falls 18% in May

    After 11 months of double-digit increases, transaction growth stalled at $8.2 billion.

    By • June 30, 2025
  • Pen and calculator sitting above papers
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    atiatiati via Getty Images
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    Why many new apartment developments don’t pencil out

    While tariffs are making headlines, interest rates and equity capital are also major hurdles in multifamily construction.

    By • June 27, 2025
  • Three-story garden style apartments surrounded by pool, parking lot and trees
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    Permission granted by Blackfin Real Estate Investors
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    DEALS + STARTS

    Blackfin Real Estate Investors enters Georgia with $17.3M acquisition

    The Virginia-based firm purchased Sage Creek Apartments in Augusta from an investor group led by JJM Realty Partners.

    By • June 25, 2025
  • Four-story modern apartments with streets on either side.
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    Permission granted by PEG
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    Q&A

    Utah-based firm mixes hospitality with multifamily

    PEG sees both apartment residents and hotel guests demand a higher level of service.

    By • June 24, 2025
  • Modern, high-rise apartment with balconies
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    Permission granted by Griffis West Palm
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    DEALS + STARTS

    Woodfield, Northwestern Mutual sell Florida apartment tower for $87M

    Griffis Residential entered South Florida by purchasing Anya, a 223-unit high-rise in West Palm Beach.

    By • June 18, 2025
  • A two-level, multi-colored rental housing building with garages.
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    Permission granted by Gray Capital
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    NEW FUNDS

    Gray Capital launches Midwestern apartment fund

    The firm is targeting value-add and core-plus multifamily assets in Indianapolis and Columbus, Ohio.

    By • June 17, 2025
  • Modern glass, high-rise apartment building
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    Permission granted by Kennedy Wilson
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    DEALS + STARTS

    Kennedy Wilson partners with Japanese firm to buy Seattle apartments

    The investors purchased The Danforth for $173 million, citing an uptick in return-to-office initiatives.

    By • June 16, 2025
  • Pattern of brick glass window building
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    krblokhin via Getty Images
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    Trepp: Multifamily CMBS delinquencies, servicing rates fall

    However, CRED iQ and the MBA pointed to rising distress in commercial real estate.

    By • June 16, 2025
  • Silver high-rise office building
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    Permission granted by Cityview
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    Cityview opens New York City office

    The Los Angeles-based firm plans to target opportunities in Boston; Orlando, Florida; and Atlanta.

    By • June 12, 2025
  • Mountains with high-rise buildings in the foreground.
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    Sean Pavone via Getty Images
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    Centerspace puts Minnesota apartments on the sales block

    The Minneapolis-based apartment REIT is also adding to its portfolio with purchases in Salt Lake City and Colorado.

    By • June 12, 2025
  • A lounge area with tall glass windows. A pool and tall trees are visible outside.
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    Permission granted by ZRS Management
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    ZRS Management hits 100,000 apartment units

    The firm had one of the largest jumps on this year's NMHC list, advancing six spots and gaining almost 15,000 apartments from the year before.

    By • June 9, 2025
  • Modern, dark, 10-story apartment building
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    Permission granted by Alfred
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    Alfred, RKW Residential, Quarterra Living combine forces

    The new platform will operate approximately 52,000 residences, representing over $20 billion of assets.

    By • June 6, 2025
  • Atlanta skyline over Piedmont Park
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    Marilyn Nieves via Getty Images
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    DEALS + STARTS

    EQR to purchase 8 apartment properties for $535M

    The REIT expects the acquisition of the 2,064 units in Atlanta to be accretive in the second year of ownership.

    By • June 3, 2025
  • two people shaking hands
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    Getty Images/Staff via Getty Images
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    DEALS + STARTS

    Harbor Group reportedly acquires 3,590 apartment units for $625M

    The Virginia-based firm purchased the 11 Sun Belt properties from a joint venture consisting of David Werner, Onyx Partners and Carlton Associates.

    By • June 2, 2025
  • stock photo of apartment building
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    iStock/Getty via Getty Images
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    Apartment sales volume jumps 20% to $9.2B in April

    Multifamily prices fell 1% year over year after dropping at a 7.3% annual pace a year ago, but REIT executives aren’t seeing tariff-related impacts on valuations yet.

    By • May 28, 2025
  • Mixed-use apartment community next to a sidewalk.
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    Permission granted by Mesirow
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    New Funds

    Mesirow raises $1.2B for value-add apartments

    The Chicago-based firm will focus on multifamily properties needing upgrades in the top 30 U.S. markets. 

    By • May 27, 2025
  • Low angle view of the Stock Exchange sign on the facade of the New York Stock Exchange on Wall street, Manhattan.
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    https://www.gettyimages.com/detail/photo/stock-exchange-sign-royalty-free-image/157338910?phrase=wall%20street&adppopup=true via Getty Images
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    REIT Report

    AvalonBay braces for signs of trouble in DC rental market

    CEO Ben Schall also said the softness in the REIT’s expansion markets could provide opportunities to add assets.

    By • May 19, 2025
  • Aerial view of apartment property
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    Permission granted by RADCO
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    DEALS + STARTS

    RADCO launches value-add brand with 615-unit apartment buy

    With the purchase of Legacy at Riverdale, the Atlanta-based firm makes its first acquisition of this cycle.

    By • May 16, 2025
  • Paper foreclosure notice taped to the glass front door of a home
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    Jeremy Poland via Getty Images
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    CMBS delinquencies for apartments reach highest point since 2015

    The rate has risen 524 basis points over the past 12 months, according to Trepp.

    By • May 14, 2025