Next Wave In The News

Having been active in the market’s multifamily sector for several years, Next Wave Investors’ Principal points out Phoenix’s strengths. The Phoenix multifamily market has fared relatively well, despite the negative impact the COVID-19 outbreak has had on most markets. Occupancy in stabilized properties declined just 30 basis points year-over-year, to 95.0 percent as of June,…

Private equity firm Next Wave Investors, LLC acquired The Grove on Glendale, a new 56-unit luxury townhome community in North Central Phoenix for $25.5 million. Principal Jordan Fisher said it’s the largest built-for-rent townhome community developed in Phoenix to date. “Phoenix, which was the second-largest inbound city in the country last year, has increasingly attracted…

Out-of-State Buyer Picks Up 95-Unit Park Station in Midvale Next Wave Investors, a San Clemente, California-based multifamily investment firm, has sold a 95-unit apartment complex in Midvale, Utah. Article Source: Costar.com

Next Wave Investors has entered the Texas market with the acquisition of Shiloh Park Townhomes, a 73-unit multifamily community in Plano, Texas, via a subsidiary company. The seller was a private California-based firm. “As an experienced multifamily owner-operator in high-growth markets throughout the west, we identified Plano as a natural next step in our investment…

La Estrella Vista Apartments, a 96-unit multifamily community in Phoenix, was purchased by a CA-based private investor for $16.75 mil, or $174k per unit. The property was sold by Next Wave Investors LLC, who acquired acquired the asset in May 2019 for $13.175 mil. La Estrella Vista Apartments, which was built in two phases in…

NEXT WAVE SELLS LUXURY APARTMENTS FOR $21.5M Next Wave Investors LLC, a California-based private equity firm, has sold Harlow Luxury Apartments, a 98-unit Class A luxury multifamily community. The asset was purchased by a Southern California-based private equity firm for $21.5 million. Article source: businesspress.vegas

Benedict Canyon Equities acquired the 98-unit asset for $21.5 million. Walker and Dunlop provided acquisition financing. Next Wave Investors has sold Harlow Luxury Apartments, a 98-unit Class A community in Las Vegas. According to Yardi Matrix, Benedict Canyon Equities acquired the asset for $21.5 million. Walker and Dunlop secured a $16 million Freddie Mac acquisition…

Next Wave Investors, a private equity firm focused on value-add multifamily investments, Las Vegas, Nevada  Next Wave Investors, a private equity firm focused on value-add multifamily investments, has expanded its portfolio in Las Vegas, Nevada with the acquisition of an 88-unit multifamily apartment community, Villaggio Di Murano. The property was acquired in an off-market transaction…

Next Wave Investors, a private equity firm focused on value-add multifamily investments, Las Vegas, Nevada  Next Wave Investors, a private equity firm focused on value-add multifamily investments, has expanded its portfolio in Las Vegas, Nevada with the acquisition of an 88-unit multifamily apartment community, Villaggio Di Murano. The property was acquired in an off-market transaction…

Next Wave Investors buys 380 value-add apartment units in Phoenix, Salt Lake City and Las Vegas. Next Wave Investors has acquired 380 apartment units in Phoenix, Salt Lake City and Las Vegas. The value-add investment firm is bullish on these secondary Western US markets, which have shown significant growth in recent years and have become a…