Venterra Realty Grabs 2 Brand-New Florida Properties
Despite a slow sales market, Venterra Realty has had an active fall, lining up financing and buying two new properties built this year. Last week, the Houston-based apartment owner acquired the 288-unit, two-story The Grove...
Governor Hochul Announces Financing for more than 700 Affordable Homes across New York
Governor Kathy Hochul announced $236 million has been allocated through bonds and subsidies to create or preserve 732 affordable, supportive, and sustainable homes across New York State. This financing will expand and protect the housing...
Marcus & Millichap Facilitates $4 Million Sale of Historical Venice Florida Rosehill Apartments
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Rosehill Apartments in Venice, Florida. The property was sold for $4,070,000,...
Ariel Property Advisors Arranges $28.2 Million Sale of Two-Tower Residential Property in East Harlem
Ariel Property Advisors announced the $28,200,000 sale of a newly constructed luxury residential property located at 69 East 125th Street in the East Harlem section of New York City. GO-RE Partners, led by Doron Greenberg...
Promecap Multifamily Acquires Florida Apartment Community in the Tampa Suburb of Palm Harbor
EPC Promecap Multifamily Partners, a leading private equity firm based in Mexico City, acquired The Boot Ranch Apartments, a 432-unit apartment community located in the Tampa-area suburb of Palm Harbor. Berkadia arranged financing through...
Halpern Real Estate Ventures Reveals “The Birch House” Opening Timeline for New 337-Home Rental...
Developer Halpern Real Estate Ventures announced that the nearly-completed six-story building will be known as “The Birch House,” reflecting its strong emphasis on nature, green space and the environment as well as the development’s...
CrownPoint Group Acquires 14.5-Acre Multifamily Development Site in Morris County New Jersey
CrownPoint Group Inc. has acquired a +14.5-acre development site for an undisclosed price that is fully approved for multifamily development in the Morris County, New Jersey township of Randolph. “In a submarket characterized by overwhelming...
Advance Realty Investors Announce Grand Opening of The Wyldes in Harrison New Jersey
Advance Realty Investors, the prominent Bedminster, NJ development firm and a key player in shaping Harrison’s thriving residential landscape, hosted a day-long celebration recently to mark the opening of The Wyldes. With most homes offering...
Fewer parking space requirements, lower rents
New research suggests reductions in parking space requirements for apartment projects can lower development costs and rents and lessen environmental impacts. Parking regulations are a central zoning component of apartment development in the U.S. But,...
Evergreen-Residential Breaks Ground on 240-Unit Development Near Gainesville, Florida
Plantation, Florida-based Evergreen-Residential broke ground last month on Evergreen Westside, a 240-unit property across the street from Oaks Mall in Gainesville, Florida. FK Architecture has released new renderings of the site in a press...
Leasing Begins at Maven: a 200-Unit, 27-Story Tower in The Bronx
New York City-based real estate owner, developer and operator RXR has announced the start of leasing at Maven, a 27-story residential tower in the Mott Haven neighborhood of the Bronx in New York City....
Robust Business Throughout the U.S. Reflected in Standard Communities’ Office Expansion and Staff Growth
Standard Communities, a leading national affordable housing developer and investor, has expanded its principal offices and added staff reflecting robust business. Standard is one of the 20 largest owners of affordable housing in the...
Ariel Property Advisors Marketing Prime 57,880 BSF Development Site on the Upper East Side
Ariel Property Advisors has been named the exclusive agent to sell a prime Upper East Side corner development site at 1382-1386 2nd Avenue that will allow the construction of a 57,880 BSF mixed-use/residential building....
The Milestone Group Announces Acquisition of The Weathersby Apartments in Charlotte, North Carolina
The Milestone Group announces its acquisition of The Weathersby Apartments, a 180-unit, fully renovated, market-rate multifamily community at 8415 University Station Circle in Charlotte, NC. The purchase price was not disclosed. “We are excited to add...
$193m Financing Arranged for Gold Coast Multi-Housing Project
JLL Capital Markets announced that it has arranged the $193 million non-recourse construction financing for Pathside, a 605-unit to-be-built, luxury high-rise apartment building located in the Journal Square neighborhood of Jersey City, New Jersey. JLL...
