Multifamily

Transwestern's senior managing director of analytics, Jimmy Hinton, will develop research/predictive analytics for investment strategy, market and asset selection, underwriting, and portfolio management.

Value-add is wildly popular in Austin because with the immense employment growth, affordable living is hard to find; therefore, '80s-vintage communities are providing the workforce housing for Austin.

The firm has acquired Estuary Apartments, a 310-unit complex located on Lake Louise in a transaction with CBRE as the broker.

The Riverside Gardens development on Riverside Drive totals 46 units. The property traded for $11.3 million. Kislak also sold a 43-unit property on West Third Avenue and a 17-unit property on Walnut Street in Roselle for a total sale price of $5.7 million.

Plantation Walk obtained a $121.3 million loan to help pay for the next stage of development — 404 apartments and more than 134,000 square feet of retail.

Tech innovations are affecting all of the multifamily industry, specifically in enterprise management, finance, operations, construction, marketing and resident services, said an expert panel at PCBC.

While people are continuing to move to Southern California, the overall population in the Los Angeles-Orange County area is shrinking.

LaTerra Development sells the Line apartment community in Santa Ana three months before delivery.