Multifamily

American Landmark Acquires 240-Unit Multifamily Community in Nashville

by Abby Cox June 30, 2026

NASHVILLE, TENN. — American Landmark Apartments has acquired Hamptons at Woodland Pointe, a 240-unit apartment community located in Nashville. The seller requested anonymity and the price was not disclosed. The property will be rebranded as Woodland Pointe Residences. Built in 2021, Woodland Pointe Residences offers a mix of one-, two- and three-bedroom apartments ranging in size from 677 square feet to 1,649 square feet, according to Apartments.com. Amenities include a swimming pool with a sundeck, fitness center, clubhouse, business center, dog park, barbecue grilling pavilion, car care center and controlled-access entry.

June 30, 2026

Acquisitions Multifamily New Jersey Northeast Seniors Housing

Hudson Atlantic Negotiates Sale of 59-Unit Affordable Seniors Housing Building in Bayonne, New Jersey

by Taylor Williams June 30, 2026

BAYONNE, N.J. — Regional brokerage firm Hudson Atlantic Realty has negotiated the sale of a 59-unit affordable seniors housing community in Bayonne, roughly 10 miles outside New York City. Senior Horizons at Bayonne features units that carry a range of income restrictions, including for residents earning 40 to 60 percent of the area median income. Adam Zweibel of Hudson Atlantic brokered the deal. The buyer and seller were not disclosed.

June 30, 2026

Acquisitions Multifamily Washington Western

Seattle Housing Agency Buys First Multifamily Property for $60.9M

by Amy Works June 30, 2026

SEATTLE — The Seattle Social Housing Developer (SSHD) has acquired its first multifamily property since city voters approved the creation of the independent public development authority in 2023. Spartanburg, South Carolina-based Johnson Development Associates sold Elara at the Market to SSHD for $60.9 million. Kidder Mathews arranged the sale. The 150-unit property, which Johnson Development Associates built in 2017, is located half a mile northwest of Pike Place Market. In 2023, Seattle city residents voted on Initiative 135, a local citizen-led ballot measure that officially chartered SSHD. In 2025, city voters went to the polls again to pass Proposition 1A, approving a local city tax on high-earning corporations to fund the public development authority. The city maintains the Seattle Housing Authority (SHA), which primarily serves the city’s poorest residents, mostly backed by federal HUD programs that fund households earning 30 percent or less of the area median income (AMI). SSHD, on the other hand, serves a middle bracket of residents earning up to 120 percent of AMI, specifically designed to help workforce renters, such as teachers and service industry workers — those renters who earn too much to qualify for public housing but not enough to afford market-rate rents. Johnson …

June 30, 2026

Acquisitions Arizona Multifamily Western

IPA Arranges $32M Sale of Multifamily Property in Tucson, Arizona

by Amy Works June 30, 2026

TUCSON, ARIZ. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the $32 million sale of Peaks at Redington, an apartment community in Tucson. An undisclosed seller sold the asset to Greenwater Real Estate Management for $106,312 per unit. Hamid Panahi and Clint Wadlund of IPA represented the seller in the disposition of the lender-owner asset and procured the buyer in the transaction.  Constructed in 1980, Peaks at Redington features 301 one- and two-bedroom units averaging 722 square feet.

June 30, 2026

InterFace-Houston-Multifamily-Design-Construction-Panel

Market Reports Multifamily Texas Texas Market Reports

InterFace Panel: As Costs Rise, Houston Multifamily Developers Turn to Modular Solutions, New Technology

by Taylor Williams June 30, 2026

By Matthew Auchincloss With prices of construction materials perpetually up across the board and labor shortages persisting, multifamily developers have long been searching for new ways to improve efficiency both in pre-planning and in actual construction. That’s unlikely to change any time soon. But the quest for elevated efficiency has recently taken a number of different forms, according to Nikolas Fowler, a multifamily project executive at Birmingham, Ala.-based general contractor Hoar Construction. “What you’re starting to see is more use of off-site construction, whether it’s traditional volumetric modular or panelized or bathroom pods or some of the other things that are out there today,” says Fowler. “As more and more people realize the advantages of those systems and we have more and more challenges with labor, you’re going to continue to see people looking for new innovative ways to make those projects pencil out.” Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. Construction is historically not a very innovative industry. According to research from McKinsey, construction is the second-least digitally updated industry for the modern era; the first is agriculture and hunting.  “One didn’t change for thousands of years, the other didn’t …

June 30, 2026

Development Multifamily Texas

Sueba USA Completes 353-Unit Apartment Community in Katy, Texas

by Taylor Williams June 29, 2026

KATY, TEXAS — Local developer Sueba USA has completed Boardwalk Square, a 353-unit apartment community located west of Houston in Katy. The midrise building features 20 open-concept floor plans including studio, one-, two- and three-bedroom layouts. Units range in size from 496 to 2,088 square feet and feature quartz countertops, stainless steel appliances, full-size washers and dryers and walk-in closets. Amenities include a CrossFit-inspired athletic club, recovery room with dry sauna and cold plunge, pool with tanning ledges and poolside cabanas, pet spa, catering kitchen and a coffee bar. Rents start at $1,265 per month for a studio apartment. Construction began in spring 2024.

June 29, 2026

Acquisitions Arizona Multifamily Western

Tides Equities Sells Apartment Complex in Phoenix for $41M

by Amy Works June 29, 2026

PHOENIX — Tides Equities has sold Tides on McDowell, a multifamily community located at 4620 W. McDowell Road in Phoenix, to Houston-based Nitya Capital for $41 million. Jesse Hudson, Logan Baca and Chris Michl of Northmarq’s Phoenix office represented the Los Angeles-based seller in the transaction. Built in 1985 on 13 acres, Tides on McDowell features 27 two-story buildings with studio, one- and two-bedroom floor plans. The property features a mix of renovated, partially upgraded and original-condition units. Amenities include a pool, soccer field, playground, leasing office, fitness center, outdoor grilling area, clubhouse, laundry facilities and gated access.

June 29, 2026

Acquisitions Arizona Multifamily Western

Rise48 Equity Acquires 108-Unit Multifamily Property in North Phoenix

by Amy Works June 29, 2026

PHOENIX — Rise48 Equity has acquired a 108-unit multifamily property located at 17840 N. Black Canyon Highway in North Phoenix. The company will rebrand the asset as Rise at the Northern. Terms of the transaction were not released. Rise48 plans to implement a light value-add renovation strategy to the property, which was originally built in 1983. The improvement program includes the implementation of a bulk cable program, valet trash service, installation of carport parking and operational efficiencies across property management. The initiatives are projected to increase rents by approximately $89 per unit though a combined amenity free, while maintaining affordability relative to the surrounding market, according to Rise48.

June 29, 2026

Arizona Development Multifamily Western

NexMetro Opens 108-Unit Avilla Foothills Build-to-Rent Project in Metro Phoenix

by Amy Works June 29, 2026

SURPRISE, ARIZ. — NexMetro Communities has opened Avilla Foothills, a build-to-rent (BTR) development in Surprise, about 28 miles northwest of Phoenix. Avilla Foothills features 108 single-level homes, some with optional garages. Community amenities include a resort-style pool and hot tub, outdoor kitchen and grills, landscaped open spaces, covered parking, 24-hour maintenance team and pet parks.

June 29, 2026

Affordable Housing Loans Multifamily Washington Western

Great Expectations Receives Construction Financing for 102-Unit Affordable Housing Project in Puyallup, Washington

by Amy Works June 29, 2026

PUYALLUP, WASH. — Great Expectations, a Seattle-based affordable housing developer, has received an undisclosed amount of construction financing for Addison Grove, a 102-unit affordable housing project in Puyallup, 36 miles south of Seattle. According to the Washington State Housing Finance Commission, the project cost is approximately $34.2 million. Great Expectations acquired the site in April, but a construction timeline for the development has not be released. All units will be rent restricted for residents earning between 50 and 80 percent of area median income, guaranteed for 60 years. Addison Grove was financed without tax credits, instead leveraging a subordinate loan from the Washington Family Housing Fund and recycled tax-exempt bonds. The structure preserves affordability by pairing 60-year income restrictions with lower-cost tax-exempt debt and forgivable subordinate capital, reducing the amount of conventional debt the property must support through rent revenue. CBRE and Heritage Bank are permanent lenders.

June 29, 2026

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