The funds acquired two portfolios consisting of 14 apartment communities developed by Continental Properties with an aggregate value of $1 billion.
Virtu Investments has purchased the Bellevue, WA asset from Evergreen Point Development LLC for a price that equates to $707,792 per unit.
"I think the key to successful business development is to advise your clients as though you are their internal counsel, and regard their issues as though they are your own," says Jennifer M. Kiely of Mintz.
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The multifamily industry is rebounding from the largest disruption in American housing since the Great Recession. Keeping tabs on historic trends, within the context of post-pandemic data, has tremendously helped CRE professionals better navigate the industry. This report summarizes the current state of the multifamily housing industry.
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Digital transformation has become a business imperative. As CRE shifts from an asset lease to a service delivery model, data-driven decision making will continue to mature. Download this eBook for a roadmap and best practices to achieving the benefits of digitization.
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In order to reach the fastest-growing renter segments in the U.S. (Gen Z and Millennials), property owners need to stand out from the crowd with amenities that fit renter needs. This whitepaper explores the emerging trends that are attracting these renters, along with the amenities that will shape expectations for digital access, financial flexibility and convenience for years to come.
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