News

IPA Closes $75M Sale of Central Coast Apartments

California & West + Apartment Buildings

Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of Hancock Terrace, a 272-unit multifamily property in Santa Maria on California’s Central Coast. It traded for $75 million, or $275,735 per unit. “Built in 2016 and placed on the market by the original developer, Hancock Terrace is among the largest suburban core assets to...

Learn more

Calgary City Council Approves Revised Springbank Multi-Res Project

Canada + Apartment Buildings

Calgary city council has approved a revised multi-residential development in the southwest community of Springbank Hill, despite strong resident opposition, following months of debate and amendments. Sara Austin, who lives in the area, said residents are exploring their potential recourse options following what was “more than a land-use vote.” Council voted 9-5 at a public...

Learn more

Condo/Hotel Combo Opens in Austin

Texas + Apartment Buildings

Pearlstone Partners, in collaboration with AvantStay opened The Code, a boutique hotel and turnkey residential property in Austin. Located at 2323 S. Lamar Blvd., The Code blends private, fully furnished residences with hotel-style concierge service and amenities. The Code features 152 furnished residences designed for ownership, short stays, and everyday living. Studios, one-, and two-bedroom layouts are designed...

Learn more

JV Tops Out 27-Story Knox Street Tower Development

Texas + Apartment Buildings

The joint venture partnership of BDT & MSD Partners, Trammell Crow Company (TCC), Highland Park Village Associates, and The Retail Connection topped out its Knox Street mixed-use development in Dallas, Texas. Spanning more than one million square feet, the project will deliver 150,000 square feet of office space, 100,000 square feet of retail, a 27-story,...

Learn more

U of A Building $250M Campus Dorm

Phoenix & Southwest

The University of Arizona will oversee a $250 million project to build a new 19-story student dormitory on the northwest corner of Speedway and Campbell, working with a nonprofit organization that will finance, build, and operate the dorm. The new residence hall will provide space for more than 1,200 students, plus a dining hall and...

Learn more

Clear Mountain Snags Financing for 152-Unit Greenville-Area Rental Community

Atlanta & Southeast + Apartment Buildings

Clear Mountain Properties obtained a $29.75 million construction loan to build Liva Travelers Rest, a 152-unit multifamily property located at 208 Tubbs Mountain Road in Travelers Rest, South Carolina. S3 Capital originated the loan. Liva Travelers Rest will be a multifamily community consisting of five three-story buildings and seven two-story buildings, featuring 120 apartment units...

Learn more

The BLS Revision: What it Signals for Commercial Real Estate

Apartment Buildings

On February 11, the Bureau of Labor Statistics released its January job numbers, noting that non-farm payroll employment increased by 130,000. In the same release, the BLS reported that, rather than the 584,000 jobs gained in 2025, the revised total was 181,000. There were many reasons for the large number discrepancies, including delayed surveys from...

Learn more

126-Unit Seniors Affordable Goes for $47M in San Diego

California & West

The Mogharebi Group (TMG) represented Arka Properties and Black Equities in the sale of Lakeshore Villa Apartments, a 126-unit seniors affordable community located at 6888 Golfcrest Dr. in San Diego to an undisclosed buyer for $47 million. EVP Otto Ozen, VP of affordable housing Shawn Bolour and VP Jordan Pakzad represented the seller.  “In California, there...

Learn more
New call-to-action
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up