Allianz to acquire Japanese multifamily portfolio for €1.1bn
Allianz Real Estate, acting on behalf of several Allianz companies, has signed a sale and purchase agreement to acquire a portfolio of multifamily properties,...
Multifamily properties in North Carolina sold for $109M
Investcorp has sold a portfolio of multifamily properties located in Raleigh, North Carolina to TruAmerica Multifamily for $109 million. Investcorp purchased the 830-unit portfolio...
U.S. multifamily lending hits new record in 2018
U.S. multifamily lending hit a new record in 2018, according to the Mortgage Bankers Association's (MBA) annual report of the multifamily lending market. U.S....
PAC buys Class A multifamily community in Tampa, Florida
Preferred Apartment Communities, Inc.(PAC) has acquired 5 Oaks at Westchase, a newly constructed 218-unit Class A multifamily community in Tampa, Florida. "5 Oaks is another best-in-class...
Starwood Capital buys multifamily properties in Texas and Florida
Starwood Capital announced that it has acquired through a controlled affiliate a stabilized multifamily affordable housing portfolio with 4,448 units located in 21 communities....
Greystar sells Class A multifamily community in Florida
Greystar Real Estate Partners has sold Avana Isles, a 214-unit Class A apartment community in the Boynton Beach / Delray Beach submarket of Palm...
PATRIZIA buys build-to-rent development in Dublin for €93m
PATRIZIA AG has acquired a 166-unit build-to-rent development in Harold’s Cross, Dublin 6, Ireland, for EUR 93 million from Marlet Property Group on behalf...
Investcorp acquires 11 U.S. multifamily properties for $370m
Investcorp has acquired 11 new U.S. multifamily properties for $370 million. The portfolio is composed of 2,615 units. The acquisition marks Investcorp’s largest U.S....
JLL Income Property Trust buys premier apartment community in Bothell, Seattle
JLL Income Property Trust has acquired Stonemeadow Farms, a 280-unit premier apartment community in the Seattle suburb of Bothell, Washington for $81.8 million. Stonemeadow Farms was built in...
Starwood Capital forms JV for Class A multifamily project in Los Angeles
Starwood Capital Group has formed a joint venture with Holland Partner Group to acquire and develop a Class A multifamily project, 550 Harborfront, in San...