April 7, 2022
Daily Archives
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Around the Market: Wood Partners, CEDARst, Forward Housing and RangeWater Real Estate
Wood Partners opened the Alta ART Tower, a Portland, Ore., multifamily community with 314 units. The property contains a mixture of one-, two- and three-bedroom floor plans. Fourteen of those units are dedicated to affordable housing tenants, clocking in at 60% of the AMI for the region, as part of Portland’s inclusionary housing program. Amenities More
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Acquisition of the Week: Avery Townhomes
FCP was attracted to this garden-style property in College Park, a submarket of Atlanta, because it is rare to find a multifamily residence consisting solely of townhomes, which renters tend to desire. Property: Avery Townhomes, a 220-unit Property in College Park, Ga. Buyer: FCP Seller: Auerbach Funds and Dunross Capital Price: $32 million Avery Townhomes More
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in Finance News, PremiumFrom the Editor: Equity capital overflows
Keep an eye out for a ton of equity capital flooding the market throughout the rest of the year, especially as real estate continues to be seen as a stable investment in today’s market. Joint venture (JV) equity and preferred equity providers will all be chasing any transactions they can get their hands on including More
