Multifamily Property News, Features, and Investment Insights

All Features

Full Occupancy, Larger Floor Plans Help Drive Chambers Reserve’s $25.5M in Acquisition Financing

Northmarq arranged a $25.5 million acquisition loan for Chambers Reserve, a 125-unit rental townhome community in Lacey, WA. According to Robert Spiro, who co-led Northmarq’s Debt + Equity team in the transaction, 100% occupancy and a differentiated housing product helped attract interest from multiple financing sources, including agency lenders and life insurance companies. “It is...

Apartment Construction Slows as Multifamily Market Moves Toward Balance

The U.S. multifamily market entered the fourth quarter of 2026 with declining vacancy, improving rent growth and fewer new apartments entering the market. The result is a sector moving closer to balance, according to Q3 reports from Cushman & Wakefield, MMG Real Estate Advisors, RealPage and Yardi Matrix. However, as real estate is local, conditions...

250-Unit Arcadia Huntsville Lands $53M Refi to Replace Construction Loan

Bobo Development Group and its limited partner Revitate obtained $53 million in senior refinancing for the two-year-old Arcadia Huntsville at 4810 Bradford Dr. NW in Alabama. JLL Senior Managing Director Gregg Shapiro told ApartmentBuildings.com. that a debt fund provided the loan, which will replace the original construction loan. “The property was capitalized with Opportunity Zone...

Sunsweet Apartments modern residential apartment building exterior view

Multifamily Deals Span California, Carolinas and Beyond

Photo: Sunsweet Apartments, Courtesy of Northmarq Multifamily transactions continued to move across a range of markets, from a $45 million sale in Morgan Hill, California, to construction financing for a 24-unit condominium project in Arcadia. The latest deals also include apartment sales in Nebraska and South Carolina, refinancings in Colorado and North Carolina, and financing...

Exterior view of luxury residential apartments featuring private balconies and landscaped grounds

3.8% HUD Loan Assumption Attracts 10+ Bidders for $26.6 Million Modesto Apartment Sale

A Southern California family office made its first Modesto multifamily acquisition by purchasing the 100-unit Marc at 1600 for $26.6 million through a 1031 exchange. The buyer was one of more than 10 bidders for the property, which was marketed by The Mogharebi Group (TMG) of Costa Mesa, CA, on behalf of seller Tesseract...

Partial Office-to-Residential Conversions and Financing: The Case for a Floor-by-Floor Approach

Above photo: 100 Wall Street, VTS Marketplace Office-to-residential conversions might bring to mind occupier relocations, gutted interiors and retrofitted systems. Then, there are the partial office-to-residential conversions, in which some space is allocated to office occupiers, while upper floors are converted into for-rent units. “We are seeing partial conversions become an increasingly relevant option for...

Why Bonaventure Waited Four Years to Break Ground on the 344-Unit Attain at Swift Creek

In an environment where multifamily developers scramble to make projects work economically, Bonaventure took a different approach with Attain at Swift Creek in Chester, VA, a southern suburb of Richmond. It waited. The 58-acre site was under contract for four years while the developer worked through entitlements, changing construction costs and interest rates, and a...

$14 Million Residence Inn Buy Paves Way for Multifamily Conversion in Supply-Constrained Market

Photo Source: JLL Torrington Real Estate Development closed on its $13.5 million buy of the 96-room Residence Inn Boston North Shore/Danvers. The Boston buyer also secured municipal zoning approvals from the Danvers Zoning Board of Appeals to convert the 1989-built property at 51 Newbury St. into an 88-unit apartment building. “Torrington recognized the value in...

Multifamily Property News, Features, and Investment Insights

All Features

Full Occupancy, Larger Floor Plans Help Drive Chambers Reserve’s $25.5M in Acquisition Financing

Apartment Construction Slows as Multifamily Market Moves Toward Balance

250-Unit Arcadia Huntsville Lands $53M Refi to Replace Construction Loan

Multifamily Deals Span California, Carolinas and Beyond

3.8% HUD Loan Assumption Attracts 10+ Bidders for $26.6 Million Modesto Apartment Sale

Partial Office-to-Residential Conversions and Financing: The Case for a Floor-by-Floor Approach

Why Bonaventure Waited Four Years to Break Ground on the 344-Unit Attain at Swift Creek

$14 Million Residence Inn Buy Paves Way for Multifamily Conversion in Supply-Constrained Market

Brokers

Remax Real Estate Professionals

Jared Ennis

Rick Recckio

Greg Corbin

Lenders

Management

Essex Property Trust, Inc.

Josh A

Bob Tuteur

Andrew Schildcrout