Walton Global has acquired 82 residential lots just outside of Downingtown in the Philadelphia Metropolitan Statistical Area. Situated within the existing Mi-Place at Downingtown community, a 56-acre development featuring multifamily residences and rental townhomes, the newly added 82 lots will introduce for-sale townhomes and expand homeownership options on site. “Demand continues to rise for attainable homeownership...
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A joint venture between Timberlane Partners and PCCP has paid $173 million for Jackson Apartments, a 532-unit Seattle multifamily community in the city’s Central District. Vulcan Real Estate sold the property. The buyers closed the transaction through Timberlane Acquisition Fund II, a closed-end private acquisition fund, reported the Puget Sound Business Journal. The deal also...
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PCCP provided an $84 million senior loan to Pacific Development Partners for the refinance of Montreux, a 335-unit, Class A multifamily community located at 5550 E. Deer Valley Drive in Phoenix, AZ (North Phoenix submarket). The three-building property was delivered in 2019 and is approximately 89% leased. The financing was marketed by James Bach of...
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High Street Residential (HSR) has broken ground on a 394-unit multifamily development integrated into the Dallas Area Rapid Transit’s (DART) SMU/Mockingbird Station in Dallas, Texas. The project is part of a multi-phase, transit-oriented development that will convert approximately 16 acres of underutilized DART-owned surface parking into a pedestrian-friendly, mixed-use neighborhood around the DART station. The...
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Texas leads the list of in-migration states on the U-Haul Growth Index, which analyzes one-way customer transactions during 2025, while California ranks last with the greatest number of out-migrations for the sixth consecutive year. The U-Haul Growth Index is a reliable indicator of how effectively states, metropolitan areas, and cities attract and retain residents. Blue-to-red state...
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McWhinney and Livmark Communities broke ground on Mountain Brook Flats, a new 200-unit luxury apartment community in Longmont, Colorado. The $71 million joint venture is located within the Mountain Brook master-planned community. The project spans nine acres and is just west of downtown Longmont. The 200-home community will feature 10 three-story, 20-unit buildings with one-, two-,...
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Related Cos. has sold a four-asset portfolio encompassing 277 multifamily and BTR units in Midland, Texas. The sales include Delmar Villas (92 units), Enclave (68 units), Brighton Court (60 units) and Signature Place (57 units). The properties are within approximately 2 miles of each other and roughly 4 miles from downtown Midland. Multihousing News reports...
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Chicago-based Core Spaces has closed on construction financing for ōLiv Columbia and officially broken ground on the 2,352-bed mixed-use development, located at 1401 Main St. in Columbia, SC. Affiliates of Apollo provided construction financing; Newmark assisted in the debt financing and Juneau Construction Company serves as general contractor. Summer 2028 delivery is projected. ōLiv Columbia...
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