The stable multifamily investment sales sector is facing a possible slowdown if 1031 transactions are eliminated.
At least six other apartment complexes traded in excess of $250K per unit in the first quarter as well, CoStar reported.
CGI+ is betting on a 4% rent growth each year for the next few years on the properties.
RADCO paid more than $13M for Central Perimeter DoubleTree.
Self-storage occupancy and rates are soaring, generating big gains for investors. For Texas, it's reversing the state's oversupply problem.
Don't miss any of the week's biggest Chicago deals.
After developing 40 shopping centers in the Southeast, Connolly has its second value-add retail acquisition under contract.
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The amount of money spent on Atlanta-area warehouses in 2021 was more than double the previous record.
RLJ Lodging expects the 186-room hotel to generate net operating income growth between 8% and 8.5%.
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