December 10, 2021
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Acquisition of the Week: The Russell Apartments
Property: The Russell Apartments, a 241-unit property in Las Vegas Buyer: SB Real Estate Partners Seller: Watt Companies Price: $67M/$278K per unit With competition for multifamily acquisitions within the Sunbelt currently at an all-time high, the bidding process to secure properties has become tougher than ever for buyers. SB Real Estate Partners sought out this More
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2021 ends with hints for an acquisition heavy 2022
The final acquisitions of 2021 point toward another big year for multifamily, with record-setting purchases as buyers scramble to buy up property at a breakneck pace. While markets such as Florida and Texas have maintained a stranglehold on the majority of investor interest throughout 2021, expect some slight shifts into growing cities and states as More
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Development pipelines will remain healthy in 2022
Multifamily development, alongside a growing amount of available investment fund dollars, will maintain strong positions of growth throughout 2022, mirroring much of 2021, with robust pipelines in battleground states. Expect several projects and ground breakings to occur in 2022 and beyond with completion expected during 2023 and 2024. There will be no shortage of lease-ups More
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December 2021: New contacts in Crittenden’s Multifamily Directory
Lennar Multifamily Communities (LMC) Properties Managed/Owned: 74 500 E. Morehead St.Charlotte, NC 28202 Will Chapman, President, LMC InvestmentsKevin Harrell, Managing DirectorJR Plyler, Senior Managing DirectorSarah Young, Managing Director Lennar Multifamily Communities (LMC) Properties Managed/Owned: 74 7489 Malva Rosa WaySacramento, CA 95829 Ed Easley, President, Development Manulife Investment Management Properties Managed/Owned: 12 515 S. Figueroa St.Los More
