Fourth record year in a row for UK BTR investment
UK: The UK BTR market attracted £4.3 billion of allocated capital in 2022, a new record, according to Savills.
UK: The UK BTR market attracted £4.3 billion of allocated capital in 2022, a new record, according to Savills.
US: Cushman & Wakefield has arranged the $78.4 million sale of two BTR communities in Myrtle Beach’s Little River submarket.
US: The owners of the Toyota of Hollywood dealership at 6000 Hollywood Boulevard are planning to redevelop the site into a mixed-use project, including a 35-storey multifamily tower and a six-storey office building.
US: WeWork has signed its first partnership with a residential developer, to provide workspace at a multifamily asset in Chicago.
US: Flexible living software provider Lavanda and Spruce, an on-demand service provider for multifamily communities, have formed a strategic partnership.
US: Property company Thompson Thrift has acquired a 35-acre parcel in Gilbert, Arizona for a mixed-use development called The Gilmore.
Japan: French fund manager AXA IM has acquired 29 multifamily residential properties and four student housing assets in Japan.
US: Developer and asset managemer PMG and private equity firm Greybrook Realty Partners, have broken ground on Society Atlanta, a 31-story development, at 811 Peachtree Street.
US: San Francisco-based FPA Multifamily has completed the sale of The Social Fort Collins, a 68-unit student housing community in Fort Colorado, Denver.
US: Miami-based investor and developer Lloyd Jones LLC is selling most of its multifamily portfolio and reinvesting the proceeds in senior living communities.