Multifamily

TYSONS CORNER, VA-Launched by former executives from Scheer Partners, Appian will focus on the outer counties in Northern Virginia.

COPPELL, TX-CNC beats a crowded field of competitors to win Townlake at Coppell from CWS Capital, which had set the marketing hook by rehabbing 10 units to show upside.

NEWARK, NJ-Largely vacant, the three-building MacEvoy Court Apartments is listed with an asking price of $11 million.

BOONE, NC-Boone Point will contain 17,000 sf of retail space, 4,700 sf of office space and 10 condominiums.

COVINGTON, KY-The new Highland Avenue extension will also open up more than 140 acres of land for possible new multifamily and industrial development.

MEMPHIS, TN-BPG is buying Watergrove Townhomes in the Germantown/Collierville submarket, with plans to spend $5 million on capital improvements.

SAN RAFAEL, CA-Oaktree Capital Management of Los Angeles is selling a marina property here for which it has obtained entitlements for a mixed-use development on the uplands.

AUSTIN-Stratus Properties and Canyon-Johnson break ground on the 850,000-sf mixed-use project in the southwestern quadrant of the CBD.