Transactions


  • Brown, brick garden-style apartments
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    Permission granted by Nuveen
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    Nuveen strikes $100M deal with CalPERS

    The nation’s fourth-largest owner is working to preserve housing for residents earning less than 80% of the area median income.

    By June 14, 2024
  • Apartment property with trees and grass to the right
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    Permission granted by CBRE
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    DEALS + STARTS

    Nuveen lands Minneapolis-area property for almost $50M

    Capreit sold the four-building, 282-unit complex that was built in 1998.

    By June 10, 2024
  • Dark high-rise apartment building
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    Retrieved from Tribeca NoMa.
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    Another DC building heads to auction

    A second apartment in Washington’s NoMa neighborhood faces foreclosure.

    By June 6, 2024
  • Four story building with Peets Coffee on the ground floor
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    Permission granted by Cityview
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    DEALS + STARTS

    Cityview, Greystar sell California property

    Although a buyer wasn’t named, the 164-unit asset in Mountain View is now listed on Essex Property Trust’s website.

    By June 3, 2024
  • Ranger Properties’ Washington, DC, building sold at auction

    HH Fund bought the 110-unit project in the city’s Union Market neighborhood for $38.3 million.

    By May 31, 2024
  • Two-story brown, brick apartments with grass and tree in the foreground.
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    Permission granted by Lion Real Estate Group
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    DEALS + STARTS

    Lion Real Estate Group moves into Charlotte, North Carolina

    The real estate investment and asset management firm has acquired a 225-unit apartment complex in the northern part of the the city.

    By May 29, 2024
  • The evening sun is reflected in the modern apartment building with balconies.
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    deepblue4you via Getty Images
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    MSCI: Cap rates increase 50 bps to 5.4%

    Transaction volume fell almost 50% year over year to $4.5 billion.

    By May 28, 2024
  • Overhead picture of apartment communities and a pool.
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    Permission granted by Harbor Group International
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    Q&A

    Harbor Group eyes more buys

    The nation’s No. 19 apartment owner thinks the window is open to acquire newly built assets.

    By May 21, 2024
  • Wall Street sign with american flags and New York Stock Exchange
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    lucky-photographer via Getty Images
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    REIT Report

    Renewal and new lease rates diverge for MAA

    The REIT’s existing residents paid 5% more YOY in Q1, but supply pushed new rents down 6.2%.

    By May 20, 2024
  • Aerial view of skyscraper buildings in San Francisco financial district during dusk
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    simonkr via Getty Images
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    Trepp: Servicing rate passes 5% for first time in 7 years

    Apartment distress also jumped in April, according to Cred iQ.

    By May 17, 2024
  • Aerial panoramic cityscape view of San Francisco skyline with high rises and water to the right.
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    heyengel via Getty Images
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    Another massive San Fran portfolio heading back to its lender

    Goldman Sachs and Ballast Investments are expected to hand 1,200 apartments to RBC Real Estate Capital Corp.

    By May 16, 2024
  • Tan, three-story apartment building with palm trees and a pool in the foreground.
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    Permission granted by Bell Partners
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    DEALS + STARTS

    Bell buys 492-unit property in Southern California for $146M

    The addition of Bell Murrieta Springs gives the owner and operator 11 properties in the region.

    By May 15, 2024
  • View from the the ground looking up at high rises and Wall St. and Front St. signs.
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    franckreporter via Getty Images
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    REIT Report

    UDR plans to back off of high occupancy to boost rents

    Despite solid results, the REIT isn’t raising its full-year guidance.

    By May 13, 2024
  • Five-story white apartments surrounded by palm tress and cars
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    Permission granted by American Landmark
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    DEALS + STARTS

    American Landmark grabs a 444-unit deal in Tampa

    The apartment owner was able to secure lower insurance than its competitors, which helped it purchase the waterfront property.

    By May 13, 2024
  • Silicon Valley as viewed from Hunter's Point in Fremont Older Open Space Preserve. The cities of San Jose, Santa Clara, Sunnyvale, and Cupertino are visible.
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    Bill-Dally via Getty Images
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    Essex assumes ownership of California asset

    The REIT had provided a $14.7 million preferred investment in the 75-unit community in Sunnyvale.

    By May 9, 2024
  • American flags in front of marble building
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    lucky-photographer via Getty Images
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    REIT Report

    Essex raises revenue guidance

    Improvement in delinquencies helped power the REIT’s better-than-expected first-quarter numbers.

    By May 8, 2024
  • Four-level multi-colored apartment building with trees in the foreground.
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    Permission granted by Bozzuto
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    DEALS + STARTS

    Bozzuto makes first acquisition in 16 years with Gables purchase

    With development becoming more difficult to underwrite, the company is focused on buying stabilized properties on the East Coast.

    By May 7, 2024
  • 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

    AVB beats estimates, raises guidance

    Strong occupancy and low move-outs to buy homes gave the REIT pricing power into spring leasing season.

    By May 6, 2024
  • The Denver skyline
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    miroslav_1 via Getty Images
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    MLG Capital uses unique approach to make $51M buy in Denver

    The Wisconsin-based firm bought Lowry North in a transaction that provided tax benefits to the seller.

    By May 3, 2024
  • San Francisco skyline at night
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    iStock/Getty via Getty Images
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    $1.5B San Francisco loan heads to servicing

    Maximus Real Estate Partners owns Parkmerced, a 3,221-unit housing complex in San Francisco.

    By April 30, 2024
  • Washington DC skyline
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    Vito Palmisano via Getty Images
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    Washington, DC, apartment building heads to auction

    Ranger Properties’ new 110-unit project in the Union Market neighborhood was recently foreclosed upon.

    By April 29, 2024
  • Rear view of two university students walk down campus stairs at sunset
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    ferrantraite via Getty Images
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    KKR buys student portfolio from Blackstone for $1.64B

    With this acquisition, University Partners will have more than 25,000 units under management.

    By April 26, 2024
  • Landscape shot with trees in the foreground and a downtown skyline in the background
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    graphiknation via Getty Images
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    Atlanta office conversion goes to foreclosure

    An affiliate of Plano, Texas-based Wolfe Investments took out a $20 million loan on 41 Marietta St. in July 2021.

    By April 24, 2024
  • Modern apartment building on sunny day.
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    Elena Alex photo via Getty Images
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    Multifamily deal volume drops 25%

    The apartment sector has posted year-over-year transaction declines for seven consecutive quarters.

    By April 23, 2024
  • Wood-framed apartment complex under construction
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    Maudib via Getty Images
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    Apartment starts fall more than 43%

    Completions rose 4.6% as developers added more than 500,000 units in March.

    By April 23, 2024