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October 10, 2026
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MULTIFAMILY NEWS
Archive
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• Berkshire Residential Investments Pays Over $400k/Unit for Seattle Luxury Res Property
12/01/25
Walton Lofts, a 136-unit luxury high-rise in Seattle’s Belltown neighborhood was acquired by Berkshire Residential Investments in a deal worth around $56 mil, or $412k/unit. The property is located at 75 Vine St, just a block...
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• Multifamily Property in Seattle’s South Lake Union Neighborhood Goes for Just Under $300k/Unit
11/26/25
Borealis Apartments, a 53-unit property in Seattle, sold for $15.5 mil, or $292.5k/unit. Built in 2008, the property is located at 109 Dexter Ave, a few blocks from the Space Needle in the city’s South Lake Union neighborhood...
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• New Upscale Res Development Finished Outside of Houston
11/25/25
Work has wrapped up on 1 Riva Row, a new, 13-story residential development that marks the debut of high-rise rental living in Howard Hughes Communities’ The Woodlands community, located roughly 30 miles north of downtown Hous...
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• Built Development Corporation and Ibex Limited Lock Up $31 Mil in Construction Money for Multifamily Project in San Diego’s Bankers Hill Neighborhood
11/24/25
Built Development Corporation and Ibex Limited have landed a $31 mil construction loan for Cuarto Apartments, a 74-unit, Class A multi-housing project in San Diego. Located at 3636 4th Ave in San Diego's Bankers Hill neighbo...
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• ColRich Spends $77 Mil On Phoenix Res Community
11/24/25
Camden Copper Square, a 332-unit multifamily community located in downtown Phoenix, traded hands in a $77 mil ($232/sf) transaction. The property, located at 901 E. Van Buren St, was acquired by San Diego-based ColRich. The ...
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• Ballmer Group Commits $75 Mil for Avanath Capital’s Affordable Housing Renaissance Fund
11/21/25
Avanath Capital Management LLC, an Irvine-based multifamily owner and operator that primarily focuses on affordable and workforce housing, has received a $75 mil equity commitment to the Avanath Affordable Housing Renaissance...
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• Two Central CA Multifamily Properties Fetch $61.75 Mil
11/21/25
Two central CA multifamily properties totaling 293 units were sold by a single private investor in separate deals for a total consideration of $61.75 mil. The assets — The Grove in Bakersfield and Cottonwood Grove in Clovis —...
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• L&G – Asset Management America Buys 177-Unit Colorado Multifamily Asset
11/20/25
Outlook Golden Ridge, a 177-unit apartment community in Golden, CO, was acquired by L&G – Asset Management, America. The property was sold by Evergreen Devco Inc. Located at 544 Golden Ridge Rd, the six-building community w...
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• High Street Residential-Led Venture Breaks Ground on 308-Unit Res Community in Phoenix
11/19/25
High Street Residential, along with joint venture partners Mar-Gulf Management Inc and MDI Capital LLC, have broken ground on Union Park Residences in Phoenix’s Norterra master-planned development. The 308-unit, four-story, C...
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• C&C Development Starts Work on Two SoCal Affordable Housing Communities
11/19/25
Tustin-based C&C Development, in partnership with Orange Housing Development Corporation, has kicked off construction on two new SoCal affordable housing communities. The projects are Altrudy II, a 64-unit affordable housing ...
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• New 182-Unit Single-Family Build-to-Rent Res Project Near Houston is Finished
11/18/25
Veranda Dellbrook, a new single-family, build-to-rent project within the Dellrose master-planned community in Hockley, TX, has been completed. Designed by KTGY on behalf of Empire Homes, the 182-unit Veranda Dellbrook develop...
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• The Garrett Companies Acquires 12.6-Acre Development Site in Englewood, CO
11/17/25
The Garrett Companies, a Colorado-based multifamily real estate developer acquired a 12.6-acre plot of land at 8600 S. Valley Hwy in Englewood, CO for $15.14 mil. The buyer will use the land to develop a 317-unit apartment co...
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• New Res Development at Sudberry Properties’ Civita in Mission Valley is Completed
11/17/25
The Brynn, a new, 200-unit residential development in San Diego’s Mission Valley area, has been completed and is now open to the public. The project, representing the fourth apartment development within Sudberry Properties’ 2...
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• Glendale Apartment Property Sells for $454k/Unit
11/14/25
A 14-unit multifamily property located at 700 N. Palm Drive in Glendale, CA has sold for $6.35 mil. The property sold for $454k/unit, representing one of the highest price-per-unit apartment transactions in Glendale this year...
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• Hollywood Multifamily Community Lands $35.5 Mil Refi
11/14/25
CLG has obtained a $35.5 mil refi loan on The HW by CLG, a 79-unit, Class A multifamily community in Los Angeles at the western edge of the Hollywood Entertainment District. The property, located at 7928 Hollywood Blvd, is a...
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• Multifamily Property in San Diego’s Lemon Grove Area Sells for $223k/Unit
11/14/25
Olive Tree Apartments, a 64-unit multifamily property in San Diego, was sold in a $14.25 mil ($222.7k/unit) transaction. The property, located at 3280 Olive St in San Diego’s highly desirable Lemon Grove community, offers the...
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• Morgan Awarded Management Assignment for Portfolio of Over 3,250 Res Units in the Greater Houston Area
11/13/25
Morgan has been selected by Howard Hughes Communities to manage more than 3,250 residences across 11 premier rental communities in The Woodlands and Bridgeland, two of Greater Houston’s most sought-after master planned commun...
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• American South Capital Partners Completes First Closing of Its Newest Affordable Housing Investment Fund
11/13/25
Real Estate Fund Manager American South Capital Partners (ASCP) has completed the first closing of its newest affordable housing investment vehicle, American South Real Estate Fund III (ASREF III), securing $60 mil in initial...
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• Washington Multifamily Community Trades in $79.5 Mil Transaction
11/13/25
Cascade Ridge, a 270-unit garden-style multifamily community in Silverdale, WA, traded hands in a $79.5 mil transaction. The asset, located at 1206 NW Tahoe Lane, was sold by Jackson Square Properties. Cascade Ridge is situa...
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• Eagle Partners Acquires 350-Unit San Gabriel Res Property in $107 Mil Deal
11/12/25
Eagle Partners has acquired The Hills at Hacienda Heights, a 350-unit apartment community in the San Gabriel Valley city of Hacienda Heights for $107 mil with plans to convert and maintain the property as an affordable housin...
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