A previously announced billion-dollar apartment investment by Morguard and Morguard North American Residential REIT has advanced to a firm agreement, marking a major step toward the Canadian real estate companies’ acquisition of a minority interest in a large...
A 440-apartment complex in Lehi, Utah, has sold for a reported $130 million, a large transaction in one of the state’s fastest-growing suburban markets. Mountain States Properties sold Seasons of Traverse Mountain to Weidner Apartment Homes, according to a...
Colorado investment firm The Broe Group has entered Southern California’s apartment market with the purchase of a 204-unit luxury tower in San Diego, extending its multifamily holdings into a coastal market where high development costs and scarce sites have...