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Top Yield PRO News
United States · United StatesSAN MARCOS, TEXAS — BWE, a Cleveland-based commercial financial services firm, has arranged a $23.5 million acquisition loan for The Edge, a 553-bed student housing property that serves students at Texas State University in San Marcos. The Edge is located less than a mile from campus and offers one-, two-, three- and four-bedroom floor plans across 173 units. Amenities include a fitness center, clubhouse, study areas and a basketball court. Chri…See the Story
BWE Arranges $23.5M Acquisition Loan for Student Housing Property Near Texas State University
Phoenix, Arizona · PhoenixPHOENIX — ZOM Living has secured financing for the development of Azola Desert Ridge, a multifamily community in Phoenix. The funding includes a joint venture equity investment from Origin Investments and construction financing totaling $88 million. Located along the Loop 101 Freeway at 56th Street, Azola Desert Ridge will offer 416 apartments spread across four-story buildings in a garden-style multifamily community that is slated to deliver by…See the Story
ZOM Living Secures $88M in Financing, Breaks Ground on 416-Unit Azola Desert Ridge in Phoenix
Canton, Georgia · CantonCushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Canterbury Ridge, a 212-unit multifamily community in Canton, Georgia, just outside of Atlanta. Travis Presnell, James Wilber, Mike Kemether and Wesley Lacefield of Cushman & Wakefield represented the seller, Dominium, in the transaction. The community was acquired by Atlantic […] The post Cushman & Wakefield Arranges Sale of Canterbury Ridge in …See the Story
Cushman & Wakefield Arranges Sale of Canterbury Ridge in Canton Georgia
Kissimmee · KissimmeeTruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, acquired Grand at Westside Apartments, a 336-unit apartment community in the Orlando MSA. TruAmerica continues to leverage its expertise and scale to expand its strategy of building better communities in high growth markets like Orlando. This investment will add to TruAmerica’s strong tenure in the Orlando metro […] The post TruAmerica Multifamily Expands Or…See the Story
TruAmerica Multifamily Expands Orlando MSA Portfolio with Acquisition of 336-Unit Grand at Westside Apartments in Kissimmee
Rental housing economist debunks monopoly myths
United States · United StatesThe latest rent report from Apartment List shows that the national median monthly rent growth in March was +0.59 percent. Rents have now risen for 2 months in a row. However, year-over-year rent growth remains negative at -0.35 percent. Apartment List reported the national median apartment rent to be $1,384, up $8 from last month’s […] The post Rent growth blooms in spring appeared first on Yield PRO.See the Story
Rent growth blooms in spring
United States · United StatesCurrently, some investors (LPs) are initiating takeovers of distressed multifamily assets at reduced valuations. HOUSTON, TX, UNITED STATES, March 28, 2025 /EINPresswire.com/ -- Real estate syndications have garnered considerable attention as an investment avenue for individuals seeking portfolio diversification and passive income generation. Recent industry developments indicate a noteworthy trend: limited partners are assuming management contr…See the Story
CareventuresCapital Calls for Increased Investor Oversight in Commercial Real Estate Syndications
Real Estate · DallasDiscover Multifamily, a Texas-based real estate investment firm, has acquired 1001 Ross, a mixed-use property on the northeast corners of Ross and Lamar in Dallas. It features 204 Class A multifamily units and 30,506 square feet of ground-floor Class A retail space. The acquisition was completed through a joint venture with The Rainier Companies, a […] The post Discover Acquires 204-Unit Mixed-Use Rental Property on Ross and Lamar in Dallas appe…See the Story