
Class A Sun Belt Multifamily Just Sold Below Its 2021 Price
Cortland 812-unit West Palm Beach complex traded for $208M, down $21M since 2021.
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A stabilized Sun Belt community sold for $21M less than it fetched five years ago.
Cortland 812-unit West Palm Beach complex traded for $208M, down $21M since 2021.

Move-outs beat deliveries by 15 million cubic feet — and almost all of it was old.


Cortland 812-unit West Palm Beach complex traded for $208M, down $21M since 2021.

Enverra bought 513,000 sf near Minneapolis for $83.9M and is spending $7M on hospitality.

A listed-securities manager joined Trademark to buy Oak Hill Plaza after a five-year hold.

Arrive 344 Belltown units traded for $155M — floors 11 to 42 only, in the tower first sale.

Fund V exited 46 buildings eleven weeks after Fund VI bought into the same corridor.

Sherman Associates closed $136.5M on a Rochester tower where a fifth of units run short-stay.
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A stabilized Sun Belt community sold for $21M less than it fetched five years ago.
Read issueOmid Shahbazian · Aug 25, 2026

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