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PHOENIX—ABI Multifamily has closed the sale of a 276-unit, multifamily property, Glendale Commons Apartments. The buyer is a partnership through Dalan Management; the seller is a partnership through NV Investments, LP, based in Folsom, CA.
HOUSTON—Rents are trending upward; leasing activity is down. These are two of the headlines from Savills Studley's recent first quarter 2015 report on the Houston office market.
DALLAS--HFF has arranged $27.877 million in acquisition financing for an 11-property theater portfolio totaling 109 Cinemark- and Regal-branded screens in eight states.
LOS ANGELES—Goodman Birtcher's Lang Cottrell and NAIOP's Thomas Bisacquino give an insider's look at this year's NAIOP I.CON conference, and explain why industrial players should be bullish on the market this year.