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Multifamily Biz
Balfour Beatty Communities Expands Multifamily Portfolio with Acquisition of 378-Unit Avanti Cityside Apartment Community in Houston
July 23, 2026
HOUSTON, TX - Balfour Beatty Communities, a national residential real estate investment and management company, today announced the acquisition of Avanti Cityside, a 378-unit multifamily community located in Houston's highly sought-after Texas Medical Center submarket. The transaction is Balfour Beatty s third investment in Texas over the last 18 months, following the acquisitions of River […]
Preservation Equity Fund Advisors Completes Acquisition of 108-Unit Carroll Tower Affordable Senior Housing Community in Illinois
July 22, 2026
CHARLES, IL - Preservation Equity Fund Advisors (PEF Advisors), a real estate private equity firm focused on preserving existing affordable housing in high-cost markets, today announced the acquisition of Carroll Tower, a 108-unit affordable senior housing community in St. Charles, Illinois. This represents PEF Advisors' third acquisition in the greater Chicago MSA. Originally developed in […]
Sagard Real Estate Expands Multifamily Portfolio with Acquisition of 326-Unit Belmont Place Apartment Community in Atlanta Submarket
July 21, 2026
MARIETTA, GA - Sagard Real Estate (SRE), a leading U.S.-based real estate investment advisor and subsidiary of Sagard, a global multi-strategy alternative asset management firm, announced the acquisition of Belmont Place, a 326-unit Class A garden-style multifamily community located at 2825 Windy Hill Road Southeast in Marietta, Georgia. Located in Atlanta s Cumberland/Galleria submarket, the […]
Avia Equities Completes Acquisition of 190-Unit Blair at Bitters Apartment Community in Growing Central Texas Market of San Antonio
July 20, 2026
SAN ANTONIO, TX - Avia Equities announced that it has acquired Blair at Bitters, a 190 unit garden style multifamily community located in San Antonio, Texas. The acquisition of Blair at Bitters represents a strategic expansion of Avia s footprint in Central Texas and aligns with the firm s focus on well located, attainable housing […]
REDICO and Ciel Senior Living Announce Joint Venture Partnership to Develop a New Senior Living Community in Rehoboth Beach
July 17, 2026
REHOBOTH DEACH, DE - REDICO and Ciel Senior Living have formed a joint venture to design and build a new senior living community in Rehoboth Beach, Delaware. The project signals renewed confidence in developing and financing new senior housing communities while helping meet the growing demand for high-quality senior living options throughout Sussex County and […]
Rockpoint and Urby Form Joint Venture to Develop 748-Unit 201 Hudson Apartment Tower on Highly Desirable Jersey City Waterfront
July 16, 2026
HOBOKEN, NJ - Rockpoint, a Boston-based real estate private equity firm, and Urby, a hospitality-driven multifamily developer, announced the formation of a joint venture to acquire land and develop a multifamily residential tower on the Jersey City Waterfront. Urby will co-manage construction and development, and also oversee property management and leasing alongside Rockhill, Rockpoint's property […]
The Drake Group Brings Luxury Multifamily Living to Chicago’s North Shore Market with Cerca Glenview Apartment Community
July 15, 2026
CHICAGO, IL - RPM Living, a full-service multifamily property management, investment and development company, announced the official opening of Cerca Glenview, a newly constructed 62-unit luxury multifamily community near downtown Chicago at 1850 Glenview Road. The apartment complex, developed by The Drake Group, celebrated its official ribbon cutting June 17 and welcomed its first residents […]
Mill Creek Announces Groundbreaking of 330-Unit Modera City North Apartment Community in Phoenix's Desert Ridge Neighborhood
July 14, 2026
PHOENIX, AZ - Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced it has broken ground on Modera City North, a contemporary community in the emerging Desert Ridge neighborhood of North Phoenix. The wrap-style community, which will feature 330 homes, will serve as a key […]
WNC & Associates Closes $210 Million Fund to Support Investments in Over 2,000 Affordable Housing Units Across 18 Communities
July 13, 2026
IRVINE, CA - WNC & Associates, a family-owned business known as both a pioneer and leader in the affordable housing industry, announced the recent closing of WNC Institutional Tax Credit Fund 59, L.P. (Fund 59), a $210 million national Low-Income Housing Tax Credit (LIHTC) fund that will support the creation and preservation of affordable housing […]
Kennedy Wilson Completes $237 Million Acquisition of 421-Unit Carraway Apartment Community in New York City Metro Market
July 10, 2026
BEVERLY HILLS, CA - Kennedy Wilson, a global real estate investment company, has partnered with Kenedix, Inc. and Hulic Co., Ltd. to acquire Carraway, a 421-unit multifamily community in West Harrison, New York, for $237 million. The acquisition further expands Kennedy Wilson s investment management platform and deepens its relationship with long-standing Japanese partners Kenedix […]
