Thursday, February 27, 2025

Atlantic region

Atlantic region includes: Delaware, Florida, Georgia, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Virginia, West Virginia and Washington D.C.

HUD charges Alabama property management company and its property manager with discriminating against families...

The U.S. Department of Housing and Urban Development (HUD) announced today that it has charged Mobile, Alabama-based Bienville Property Management, Inc., which does business as Showhomes Mobile and Baldwin Counties, and its property manager...

Jefferson Apartment Group sells Jefferson Lighthouse Place for $55 million closing out the Starwood...

Jefferson Apartment Group, a leading multifamily developer and operator specializing in premier apartment communities throughout the Eastern U.S., announces today the sale of Jefferson Lighthouse Place, a 243-unit luxury apartment community in Pompano Beach,...

Value-add multifamily asset trades hands in Central Florida

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Royal Isles, a 264-unit apartment community in Orlando, Florida. “Royal Isles...

MBA Selects Robert D. Broeksmit, CMB to be New President and CEO

Mortgage Bankers Association (MBA) Chairman David Motley, CMB announced today that Robert D. Broeksmit, CMB has been selected President and CEO, replacing David H. Stevens, CMB, who announced last October that he would retire...

CBRE arranges sale of 410-unit Chatsworth Apartments in Atlanta’s central perimeter area

CBRE has facilitated the sale of Chatsworth, a 410-unit gated apartment community located along Atlanta’s top end perimeter, Interstate 285, at 4800 North Hill Parkway. Situated within the largest office market in Metro Atlanta,...

Stonebridge acquires 200-unit Marietta, GA apartment community for $23.5 million

StoneBridge Investments of Washington, DC has acquired Avia East Cobb, a 200-unit apartment community located in the affluent Atlanta suburb of Marietta, GA for $23.5 million. The seller, an entity controlled by Harbor Group...

Trez Forman Capital Group Closes $17.2 Million Loan to Fund New Residential Development in...

Florida-based Trez Forman Capital Group has completed a $17.24 million loan that will be used to fund the purchase of a 138-acre parcel in Hillsborough, North Carolina, just outside of Durham and Chapel Hill....

Passco Companies acquires 360-unit class a luxury multifamily community in Sarasota, Florida for $77.5...

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 announced that it has acquired a Class A, institutional grade,...

Meridian Capital Group arranges $37.5 million in financing for two multifamily properties in Savannah,...

Meridian Capital Group, America’s most active dealmaker, arranged $37.5 million in financing for the refinance of two multifamily properties located in Savannah, GA, and Lexington, KY. The seven-year loan for the Savannah property features a...

Equifax survey highlights biggest pain points for property managers in today’s rental marketplace

Today’s property management processes are often burdened with many common issues and inefficiencies, and nearly 95 percent of landlords and property managers are experiencing pain points in their standard practices, according to a recent...

The leasing of the residences at Maitland City Centre has commenced as development reaches...

The Allen Morris Company, one of the largest diversified real estate firms in the southeast, today announced that leasing of the residences at Maitland City Centre® has commenced and RAM Partners, LLC—a nationally-renowned full...

$20.9 million student housing portfolio trades hands in North Carolina

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Deacon Properties, a 64-home, 251-bed student housing portfolio in Winston-Salem,...

Somerset Development, Jonathan Rose Companies and NCP celebrate opening of Portner Fflats affordable housing...

A joint venture of Somerset Development Company (Somerset), New Community Partners (NCP) and Jonathan Rose Companies (JRCo) joined with community and elected officials to celebrate the grand opening of Portner Flats, a new 96-unit...

Alliance Residential starts Broadstone Queen City

Alliance Residential Company, one of the largest privately-held multifamily developers in the country, has broken ground on Broadstone Queen City, a 260-unit luxury apartment community where South End meets Uptown in Charlotte, N.C. An homage...

Brand-new suburban apartment asset trades in Orlando

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of The Alexander at Sabal Point, a newly constructed, 286-unit multifamily...
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