Multifamily

Joint Venture Completes 873-Bed Student Housing Project in College Station

by Taylor Williams October 23, 2026

COLLEGE STATION, TEXAS — A joint venture between The Dinerstein Cos., Up Campus Student Living and Harrison Street Asset Management has completed Aspire Reserve, an 873-bed student housing project located near the Texas A&M University campus in College Station. Situated within the Northgate District the 19-story building houses studio through six-bedroom units that range in size from 400 to 1,900 square feet. Amenities include two pools, study and collaboration spaces, a golf and gaming simulator, resident game lounges, a beauty bar, a retail market and an indoor/outdoor fitness and wellness center with yoga and spin studios.

October 23, 2026

Leasing Activity Multifamily Student Housing Texas

McGrath Real Estate Completes Lease-Up of 736-Bed Student Housing Project in Lubbock, Texas

by Taylor Williams October 23, 2026

LUBBOCK, TEXAS — Houston-based developer McGrath Real Estate has completed the lease-up of The Wyatt, a 736-bed student housing project near Texas Tech University in Lubbock. The Wyatt, which is 100 percent occupied, offers one- through five-bedroom units that range in size from 570 to 2,041 square feet. Amenities include a pool, pickleball courts, an outdoor amphitheater, business center, fitness center, coworking space and pet-friendly facilities, as well as shuttle service to campus.

October 23, 2026

Development Multifamily Retail Student Housing Texas

Joint Venture Breaks Ground on Student Housing, Retail Development Near University of Texas at San Antonio

by Taylor Williams October 23, 2026

SAN ANTONIO — A joint venture between Barshop & Oles Co. and Phoenix Property Co. has broken ground on La Cantera Crossing, a 10-acre development that will be located near the University of Texas at San Antonio campus. The project will include a 563-bed student housing community and retail space. Phoenix Property Co. will develop the student housing component of the project, which is expected to be complete in fall 2028. Barshop & Oles will develop the retail component, which will include multi-tenant buildings and pad sites. Further details on the development were not released.

October 23, 2026

Acquisitions Arizona Multifamily Western

Founders Group Sells 202-Unit Multifamily Community in Tucson

by Amy Works October 23, 2026

TUCSON, ARIZ. — The Founders Group has completed the disposition of The Place at 2120, an apartment property in Tucson. AndMark acquired the property for $18 million, or $89,356 per unit. Hamid Panahi and Clint Wadlund of Institutional Property Advisors, a division of Marcus & Millichap, represented the seller and procured the buyer in the deal. Built in 1986 on more than 7 acres, The Place at 2120 features 202 one-, two- and three-bedroom floor plans, with select units offering vaulted ceilings and linen closets. Community amenities include a swimming pool and spa, a fitness center, dog park, laundry facilities and playground. Previous ownership upgraded approximately 90 percent of the unit interiors.

October 23, 2026

Acquisitions Colorado Multifamily Western

RedPeak Acquires 101-Unit Manchester Apartments in Denver

by Amy Works October 23, 2026

DENVER — Denver-based RedPeak has purchased The Manchester, a multifamily community located at 2030 E. 11th Ave. in Denver’s Cheesman Park neighborhood. This is the first time the property has sold since it was developed in 1973. Terms of the transaction were not released. Craig Stack, Bill Morkes and Nate Moyer of Colliers facilitated the transaction. Originally designed by late architect Roland Wilson, The Manchester features 101 one- and two-bedroom apartments. Each unit offers an expansive balcony, city/mountain views, individual heating and cooling, while each of the six penthouses provide in-unit washers/dryers. Community amenities include laundry rooms on each floor of the building, an indoor pool (a hallmark of Roland Wilson designs), a sun deck, fitness area, lounge and pool tables, as well as racquetball and basketball courts. The Manchester is the sixth Roland Wilson-designed community to be owned and operated by RedPeak.

October 23, 2026

Acquisitions North Carolina Seniors Housing Southeast

BWE Brokers $349.9M Sale of Independent Living Portfolio in North Carolina

by Abby Cox October 23, 2026

APEX, RALEIGH AND WILMINGTON, N.C. — BWE Investment Sales has brokered the $349.9 million sale of the Cambridge Village Portfolio, a three-property independent living portfolio in Apex, Raleigh and Wilmington. The portfolio comprises Cambridge Village of Apex, a 219-unit community in Apex; The Cambridge at Brier Creek, a 195-unit community in Raleigh; and Cambridge Village of Wilmington, a 222-unit community in Wilmington. In addition, the acquisition includes entitled land parcels adjacent to the Apex and Brier Creek communities. Miami Beach, Fla.-based Starwood Capital Group purchased Cambridge Village of Apex and The Cambridge at Brier Creek senior living communities for a combined $209 million, according to the Triangle Business Journal. The firm also acquired Cambridge Village of Wilmington for $140.9 million. Oliver Development built the three communities, which were constructed between 2010 and 2022 and are operated by Cambridge Village Senior Living. Each campus features resort-style amenities including fitness centers with instructor-led programming, heated indoor pools, a full-service salon and spa, restaurant-style dining, movie theaters, libraries and landscaped outdoor gathering areas.

October 23, 2026

Acquisitions Multifamily Texas

Partnership Acquires 358-Unit Apartment Community in Arlington

by Taylor Williams October 22, 2026

ARLINGTON, TEXAS — A partnership between Los Angeles-based lender and investment firm PCCP and owner-operator RPM Living Investments has acquired a 358-unit apartment community in Arlington. Truman at Arlington Commons is a four-story building that was built in 2021 and offers studio, one-, two- and three-bedroom units that range in size from 576 to 1,594 square feet. Amenities include a pool, dog park, fitness center, private event space, dining lounge, indoor and outdoor gaming areas, and grilling and dining stations. The building also houses 4,900 square feet of retail space that is leased to a coffee shop.

October 22, 2026

Acquisitions Massachusetts Multifamily Northeast

Marcus & Millichap Negotiates $4.9M Sale of Boston Apartment Portfolio

by Taylor Williams October 22, 2026

BOSTON — Marcus & Millichap has negotiated the $4.9 million sale of the Delhi Street Portfolio, a trio of apartment buildings totaling 18 units in Boston’s Mattapan area. The buildings were constructed in 1930 and house three one-bedroom units and 15 two-bedroom units. Evan Griffith and Tony Pepdjonovic of Marcus & Millichap represented the seller, a local partnership, in the transaction. The buyer was not disclosed.

October 22, 2026

Acquisitions Multifamily Southeast Virginia

Hamilton Zanze Sells 196-Unit Apartment Community in Virgina Beach

by John Nelson October 22, 2026

VIRGINIA BEACH, VA. — San Francisco-based Hamilton Zanze has sold Indigo 19, a 196-unit, garden-style apartment community located at 1940 Pavilion Drive in Virginia Beach. The buyer and sales price were not disclosed. Built in 2013, Indigo 19 features one-, two- and three-bedroom apartments averaging 931 square feet in size, as well as a resort-style pool, two-story clubhouse, business center and bicycle storage. Hamilton Zanze sponsored the acquisition of the property in 2020 and invested in exterior, interior and systems upgrades during its ownership period.

October 22, 2026

Acquisitions California Multifamily Western

Partnership Buys Museum Park Apartments in San Jose, California for $53.1M

by Amy Works October 22, 2026

SAN JOSE, CALIF. — A partnership between an affiliate of Oberndorf Real Estate Management (OBREM) and The Bascom Group has acquired Museum Park Apartments, a Class B+ multifamily property located at 465 W. San Carlos in San Jose, for $53.1 million. The name of the seller was not released. Built in 2002 on 3 acres, the three-story garden-style community features 12 buildings offering a total of 117 one-, two- and three-bedroom apartments with in-unit washers/dryers. Additionally, most units feature attached private garages with just over half providing direct access to the homes. Community amenities include 130 parking spaces, including garages, a fitness center, green space, barbecue areas and a dog park. The new ownership group plans to renovate the property by modernizing kitchens, bathrooms and common areas. Apartment Management Consultants will manage the community.

October 22, 2026

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