Multifamily

The Atlanta-based firm reports it has closed on an loan of approximately $12.3 million in connection with Oxford Properties' plans to develop a 240-unit Class A multifamily community at its a 63-acre mixed use project in Fredericksburg.

At 4% on average, industrial assets have the lowest cap rates in Southern California, followed by multifamily.

Downtown San Diego has seen a surge in new apartment construction, with a pipeline of more than 3,600 units, but the multifamily vacancy rate is the highest in the market.

Investor sentiment has roared back this year, and investment sales activity is up in response to the strong demand.

Technology can help lead new tenants to an available unit and leaves a strong impression on potential renters.

Lone Tree has emerged as Denver's most sought-after enclave in recent years, JLL notes, and as the metro's fastest growing suburb it includes a discerning “renter-by-choice” demographic.

Los Angeles home sales were down 6% in July year-over-year, rounding out three months of steady decline in home values.

Aspens Senior Living sold the property, The Aspens at Wade Park, to a joint venture between The Carlyle Group and Greystone Real Estate Advisors.