The REIT also acquired an option to buy a stake in the 3,221-unit San Francisco property along with development rights.
The Canadian multifamily REIT acquired Salix Juanita Village in Kirkland, Wash., and plans to renovate and reposition the 211-unit asset
The multifamily developer broke ground on two luxury apartment communities in the Dallas and Houston areas
Secondary and tertiary markets continue to dominate the ranking, while only two large metros made the cut.
A South Los Angeles commission that advises the city’s planning department has squashed a 577-unit mixed-use multifamily and commercial development in the Park Mesa Heights.
Net apartment leasing in the Dallas area during the last six months has hit the highest volume in almost two decades. More than 16,500 apartments were leased during the second and third quarters — the greatest rental demand of any major metro area in the country, according to RealPage.
JLL brokered the sale of Augusta, a 210-unit property that includes ground-floor retail.
The Christopher represents the second phase of RED Development’s project The Union, a mixed-use property located in the city’s Uptown area.
