Multifamily Press Releases

TruAmerica Multifamily has promoted Amir Eshkol to the newly created position of Chief Construction Officer, announced CEO Robert Hart.

JRK Property Holdings has acquired Residences at Park Place, a 258-unit luxury mid-rise apartment and townhome community in the preeminent Kansas City suburb of Leawood, KS, from VanTrust Real Estate.

Valiant Residential has been awarded a Top Workplaces 2022 honor by Houston Chronicle Top Workplaces, ranking #91 on the list.

StackSource, a fintech platform for commercial real estate, successfully arranged the capital stack for The Point at Caldwell Station, a 297-unit multifamily development project in Huntersville, NC.

Magma Equities ("Magma"), in its first joint venture with Walker & Dunlop Investment Partners ("WDIP"), has acquired a two-property, 820-unit suburban value-add multifamily portfolio in Texas from Moody National Companies in an off-market...

Colliers has announced the sale of Jackson Square Luxury Apartments at 621 Moody Avenue in Galveston, Texas. The buyer, Sita Jackson Square, was represented Nova Asset Management.

Intercontinental Real Estate Corporation in joint venture with MG Properties has acquired The Lexington Apartments, a 178-unit apartment community in the Southern California community of Agoura Hills for $87.3 million.

Tower 16 Capital Partners has sold Obsidian on Ocotillo Apartments, a 232-unit multifamily project in Glendale, AZ, for $56.4 million. The property was purchased by Tower 16 in April 2021 for $40 million in an off-market transaction.

Colliers has announced the sale of Fountains of Rosenberg at 3419 Fountains Drive in Rosenberg, TX. The buyer was Momentum Multifamily. The seller, Mosaic Fountains LP., was represented by Chip Nash , Bob Heard and Jaleel Adatia of Colliers.

National annual award recognizes steadfast, substantial contributions to the Cystic Fibrosis community

The Mogharebi Group (TMG) has arranged the sale of Tyner Ranch Apartments, a 168-unit multifamily community in the Central Valley city of Bakersfield, CA for nearly $31 million.

New development offers Texas A&M University students a focus on living, learning in a growing College Station student housing market

SB Real Estate Partners ("SBREP") has acquired Azura Apartments, a 387-unit garden style multifamily community in Phoenix, AZ for $91 million.  The property will be rebranded as Portola North Phoenix.

Laguna Point Properties has acquired the 996-unit The Harmon at 370, the largest multifamily community in Las Vegas, in an off-market transaction valued at $126 million.

MC Residential expansion plan continues to create opportunities for promotions and growth. Local Scottsdale Based Companies; MC Residential Communities Promotes Greg Flatt to Regional Vice President Role

TruAmerica Multifamily has acquired Villas at West Road, a 240-apartment home community located in northwest Houston.

Swiftlane, an end-to-end smart security technology solution, and Cornerstone property management and apartment services have announced a strategic technology partnership that will focus on creating safer multifamily communities in the Denver area.

Investor demand for multifamily assets continue to grow in Southern California's Inland Empire

TruAmerica Multifamily has acquired Cannon Oaks, a 230-apartment home community located just seven miles from downtown Austin. Completed in 2003, Cannon Oaks is located at 2302 E. William Cannon Dr.

LA-based multifamily investment firm opens Charlotte, NC office to Manage Continued Growth in North Carolina and the Southeast

Pappas will be responsible for leading the firm's future fundraising efforts out of the new Chicago office.