Transactions: Page 28

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    RealPage acquires Knock CRM

    The acquisition allows RealPage to deliver a front-office platform that supports centralized leasing.

    By • Oct. 5, 2022
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    Permission granted by Middleburg Communities
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    This small firm aims to manage 75,000 units in the next 2 years

    Virginia-based Middleburg Communities is aggressively pursuing other property management firms.

    By • Oct. 3, 2022
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    Apartment deal volume falls 26% in August

    MSCI says cap rates fell 30 basis points YOY to an average of 4.7%.

    By • Sept. 26, 2022
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    Permission granted by Morgan Properties
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    Just how high have cap rates jumped?

    Observers say they’ve moved up into the 4% to more than 5% range, but more deals need to happen to get an exact read on values.

    By • Sept. 21, 2022
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    Permission granted by Poplar Homes
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    SFR manager Poplar Homes enters the apartment business

    By acquiring 33 Realty’s property management arm, the Cupertino, California-based proptech company grows geographically.

    By • Sept. 19, 2022
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    August’s largest multifamily delinquencies

    Trepp’s list of the five largest troubled loans includes a student property in Alabama, a rent-restricted property in New York City and a fractured condo in Philadelphia.

    By • Sept. 19, 2022
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    Increasing number of CMBS loans move into servicing

    The multifamily delinquency rate also rose in August as capital markets’ volatility muddied the long-term picture.

    By • Sept. 13, 2022
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    Permission granted by Hines
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    DEALS + STARTS

    Hines makes second-largest purchase in South Florida history

    After tracking Gables Station since February, Hines closed on the property in July after another buyer dropped out.

    By • Sept. 9, 2022
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    Landmark teams up with investment firm to create $2B build-to-core student housing joint venture

    This is just the latest deal between the country’s largest student housing developer and the Abu Dhabi Investment Authority.

    By • Sept. 6, 2022
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    Permission granted by Blackfin Real Estate Investors
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    DEALS + STARTS

    Blackfin sells Charlotte-area apartments for $78M

    The Virginia-based owner bought the over-50-year-old property for $19 million in 2017.

    By • Sept. 6, 2022
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    Blackstone’s SFR arm pulls back on home purchases

    Home Partners of America will pause acquisitions in 38 markets.

    By • Sept. 2, 2022
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    Win McNamee via Getty Images
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    FHFA asks for feedback on Fannie and Freddie affordability requirements

    One observer thinks changing the benchmark levels from the total number of affordable units to the percentage of affordable units will force more focus on affordability.

    By • Aug. 31, 2022
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    Permission granted by The Jacobson Co
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    Q&A

    How one executive bridges the gap between entertainment and real estate

    Larry Jacobson partners with high-net-worth investors to make value-add buys.

    By • Aug. 30, 2022
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    Joe Raedle via Getty Images
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    DAMAC finalizes deal for Champlain Towers land

    The Dubai-based developer paid nearly $120 million to purchase the almost 2-acre beachfront property in Surfside, Florida.

    By • Aug. 30, 2022
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    Permission granted by Beacon Real Estate Group
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    Q&A

    How one owner incorporates business intel to enhance portfolio management

    Florida-based Beacon Real Estate Group invests in technology that helps it work with operators.

    By • Aug. 29, 2022
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    Related files suit against furnished apartment provider

    The New York City-based apartment owner claims that Furnished Quarters owes it more than $2 million.

    By • Aug. 24, 2022
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    Permission granted by Odyssey Properties Group
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    DEALS + STARTS

    Odyssey Properties acquires 304 units in Florida

    The Los Angeles-based firm bought two properties for $53 million.

    By • Aug. 22, 2022
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    Borrowers bring more money to the table as interest rates rise

    Loan-to-value ratios are dropping and it's taking more work to close loans.

    By • Aug. 22, 2022
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    Permission granted by Excelsa Properties
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    Q&A

    A slowing market may allow this owner to make more deals

    As rising rates weed out some buyers, Excelsa sees the opportunity to make acquisitions.

    By • Aug. 22, 2022
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    Mario Tama via Getty Images
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    Institutions to own 40% of SFRs by 2030

    As large owners grab a greater share of single-family rentals, deliveries should hit an all-time high later this year.

    By • Aug. 17, 2022
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    Apartment buyers must work harder to get loans

    In the current economic climate, owners say the number of lenders open for business has declined dramatically.

    By • Aug. 15, 2022
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    Deep Dive

    Interest rate increases put apartment refinancing at risk

    As owners go back to lenders, they will need to bring more cash to the table.

    By • Aug. 15, 2022
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    Permission granted by Venterra Realty
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    Q&A

    Why one executive says revenue growth is unsustainable

    Property values may fall, Venterra Realty’s John Foresi says, but the long-term outlook is still in multifamily’s favor.

    By • Aug. 12, 2022
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    Permission granted by TruAmerica
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    TruAmerica adds 1,500 units in 3 transactions

    The company secured the five suburban apartment communities in three markets.

    By • Aug. 11, 2022
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    Permission granted by Northland
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    Northland enters Wisconsin, continuing its Midwest expansion

    The company has made nine acquisitions in the past seven months.

    By • Aug. 9, 2022