Hunt Midwest acquires site to build first-class senior living community in Gallatin, Tennessee
Hunt Midwest is forging ahead with plans to build The Capstone at Station Camp, a two-story, 76,000-square-foot senior living community in Gallatin, Tennessee. The developer completed acquisition earlier this month of the 6-acre site located...
Virginia passes tenant protections
Governor Ralph Northam of Virginia recently signed a number of measures designed to increase tenant protections in the state. Several other bills with the same goal have passed the legislature and are awaiting action...
Passco Companies acquires 306-unit, Class A+ multifamily asset in rapidly growing Lexington, Kentucky for...
Passco Companies, a privately-held California-based real estate company that specializes in the investment, acquisition, development, and management of commercial properties throughout the U.S., has acquired The Henry at Fritz Farm, a 306-unit, Class A+...
Luxury apartment home community Lullwater at Hixson underway
Fickling & Company and Novare Group have broken ground on Lullwater at Hixson, a 250-unit luxury apartment community conveniently located in the Hixson suburb of Chattanooga, Tenn.
“We are thrilled to be underway with Lullwater...
CGI Strategies acquires troubled multifamily community in Orlando, Florida for $43 million
CGI Strategies has acquired Sola at Celebration, a vacant 306-unit luxury multifamily community in Celebration, FL. The property was purchased from Southstar Capital Group in a transaction valued at $43 million.
Developed by Hines in...
TruAmerica Multifamily increases Florida portfolio with $64 million acquisition of Orlando apartment community
TruAmerica Multifamily has acquired Island Club, a 472-unit Class B apartment community in Orlando, FL in a $64 million transaction.
TruAmerica identified the Orlando MSA as its top target market in Florida after entering the...
Coral Rock Development Group and Arena Capital Holdings acquire Prospect Towers in Clearwater for...
Miami-based Coral Rock Development Group and Arena Capital Holdings announced today that they have acquired Prospect Towers, a downtown Clearwater, Florida senior living high-rise for $13.5 million.
Well-positioned in an Opportunity Zone, the 17-story, multifamily...
Monument Capital Management names Erin D. Knight as executive vice president
Monument Capital Management (MCM), an A-Rod CORP company and one of the country’s premier fully integrated real estate investment firms, has named Erin D. Knight Executive Vice President. Knight will be based in Monument’s...
Bellwether Enterprise closes $37.5 million loan for luxury apartments in Richmond, VA
Bellwether Enterprise Real Estate Capital LLC (Bellwether Enterprise), the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc. (Enterprise), announced today the closing of a $37.5 million acquisition loan for James River at Stony Point,...
S.L. Nusbaum Realty Co. breaks ground on Phase I of Riverbend Apartment Homes in...
S. L. Nusbaum Realty Co. is pleased to announce the groundbreaking on Phase I of Riverbend Apartment Homes, a 130-unit contemporary affordable housing community in Gloucester, Virginia.
Riverbend is being constructed within minutes of Downtown...
TruAmerica Multifamily expands into Georgia with two separate apartment buys in Atlanta for a...
TruAmerica Multifamily in partnership with Tokyu Land US Corporation has made its first investments in Georgia acquiring two Atlanta apartment communities in separate transactions totaling $127.35 million.
Since entering the Southeast property markets in 2016,...
Wood Partners hires industry veteran Andrew Steffens to lead Nashville expansion
Wood Partners has hired real estate industry veteran Andrew Steffens as Managing Director to lead its new Nashville office. Steffens will be responsible for sourcing and developing multifamily development opportunities in the Nashville region...
UIP-led venture acquires 62-unit apartment building in Washington, DC for $22 million
A venture led by Urban Investment Partners (UIP) of Washington, DC has acquired the Policy, a 62-unit apartment building located at 1921 Kalorama Road, NW in one of the city’s most historic and distinctive...
Trez Forman funds $20.5 million loan for multifamily community in Burlington, North Carolina
Trez Forman Capital Group has funded a $20.5 million construction loan for a new mixed-use development in Burlington, NC. The project is being developed by Diamondback Investment Group, LLC based in Greensboro. Brett Forman,...
FRP Development Corp and MRP Realty joint venture to develop Bryant Street in NE...
MRP Realty, developers of commercial, residential, and mixed-use real estate across the Mid-Atlantic region, and FRP Development Corp, Inc., a full-service real estate company, today announce the formation of a joint venture to develop...
