Multifamily commercial real estate news and analysis.
Eastham Capital has divested a 194-unit apartment community in southeast Houston, capping off a five-year value-add investment strategy. The property changed hands at 97 percent occupancy following substantial capital improvements made in partnership with Mosaic Residential.
Daiwa House Group has bought out its development partner Trammell Crow Company, taking full ownership of the 309-unit Parkside Residences in Houston in a deal valued at $85.2 million. The transaction marks the successful conclusion of a joint venture that originally formed in 2019 to bring the multifamily asset to life.
As traditional financing sources pull back from affordable housing projects, Safehold is positioning its modernized ground lease structure to fill capital stack gaps in Texas and other high-growth markets. The approach allows developers to unlock land value while maintaining long-term operational control of their properties.
Alexandria, Virginia-based REIT AvalonBay recorded $398.7 million in core funds from operations for Q1 2026, beating analyst expectations. The operator of nearly 99,000 apartments nationwide credited a confluence of favorable asset class trends and broader economic realities driving renter demand.
In a closely watched Hollywood transaction, Faulkner Capital Partners has acquired The Baxter, a newly built 85,775-square-foot luxury apartment complex. Colliers executive Kitty Wallaced brokered the off-market deal, representing both the buyer and three undisclosed sellers.
Following a $72 million land acquisition in Raleigh's North Hills Innovation District, Kane Realty is moving forward with an eight-story, 297-unit senior housing development. The project at 901 Navaho Drive marks a major investment in the Triangle region's rapidly expanding senior living sector.
Associated Bank has provided $32.75 million in construction financing to Toonen, Inc. for the development of Strata Apartments, a 236-unit multifamily community in Grand Chute, Wisconsin. The sprawling residential project will consist of 25 individual buildings featuring a mix of attached and detached garages to meet strong housing demand in the Fox Valley region.
Convene Hospitality Group has closed on $230 million in expansion financing backed by TPG and Ares Management, signaling sustained institutional appetite for premium flex workspace and hospitality models. The capital raise positions the company to accelerate its national footprint growth amid evolving corporate real estate strategies.
TruAmerica Multifamily has closed its second workforce housing fund at $708 million, signaling strong investor appetite for affordable rental development. The fund aligns with founder Bob Hart's decade-long mission to address the growing gap between wages and housing costs across U.S. markets.
What began as a niche experiment is rapidly becoming a legitimate payment method in commercial real estate. As major firms adapt to decentralized finance, digital currencies are transforming how institutional players acquire and offload properties.
A boutique eight-unit multifamily property in Chicago's Lakeview East neighborhood has changed hands, highlighting sustained investor appetite for smaller, well-appointed residential assets in the city's North Side. Essex Three-Twelve brokered the transaction for the property located at 544 W. Wellington Ave.
Lendlease has commenced pre-leasing for 260 residential units situated within its broader Habitat mixed-use development in Los Angeles. The 12-story Habitat Residences building is slated to welcome its first tenants this spring.