Landmark Properties Partners with Peninsula Investments to Begin Construction on The Retreat at Bunn...
Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, has started construction on a new community, The Retreat at Bunn Hill, in Vestal, New...
PCCP LLC Provides $20M in Preferred Equity for Development of a 260-Unit Built-for-Rent Community...
PCCP, LLC announced it has provided $20 million in preferred equity alongside a joint venture of Middleburg Communities and Mattoni Group for the ground-up development of Hamlet Avalon Park, a 260-unit built-for-rent community. Hamlet Avalon...
Stoneweg US Achieves 87 Points and 4 Stars for Its Varia US Portfolio Propelling...
Stoneweg U.S., LLC ("Stoneweg US"), a leading asset manager for multifamily real estate, is proud to report that the portfolio it manages for Varia US Properties AG's, a Swiss publicly traded multifamily real estate...
RXR and Hudson Bay Capital to Acquire and Reposition Iconic 620 Avenue of the...
RXR, through its Office Recovery Fund, and Hudson Bay Capital have partnered to acquire and recapitalize 620 Avenue of the Americas, a historic 500,000 square-foot office and retail building in Manhattan's Chelsea neighborhood. The...
The Milestone Group Acquires Two Apartment Communities Magnolia Falls and Kensington Crossing Totaling 676...
The Milestone Group ("Milestone") announces the acquisition of two Fredericksburg, VA apartment communities, Kensington Crossing with 476 units, and Magnolia Falls with 200 units. The purchase prices were not disclosed. "These two assets are very...
MG Developer Acquires Waterfront Land for New Mixed-Use Project in North Bay Village
MG Developer, one of the top real estate development firms in South Florida, announces the $30.9 million acquisition of two waterfront parcels totaling 42,750 square feet in North Bay Village for the launch of...
Alpaca Real Estate and Hope Street Recapitalize Trophy Residential Asset The Axel
Alternative investment management firm Alpaca Real Estate (“ARE”) announced that it has recapitalized The Axel, a 97% leased 29-story, 284-unit Class A trophy residential property in Brooklyn in a transaction valued at approximately $300M. Situated...
Madison Capital Group Secures $33.5M Loan and $15.3M Preferred Equity Raise for New Multifamily...
Madison Capital Group, a North Carolina-based real estate development and investment firm, has successfully closed a $33,500,000 loan from First Citizens Bank, brokered by Berkadia, along with a $15.3 million preferred equity raise for...
West Palm Beach Developer Duo Proposing Affordable Apartment Project at Broadway and 27th Street
A partnership between Procida Development Group and Tre Bel Housing Development Group has offered West Palm Beach a sum of $500,000 for a 3/4-acre plot of land owned by the city. The developers plan...
Marcus & Millichap Closes $38M Mixed-Use Portfolio Sale in Manhattan
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 329-335 East 9th Street and 516-518 East 13th Street, a 49,513-square-foot,...
Atlas Capital Group Acquires 80 DeKalb Avenue in Brooklyn
Atlas Capital Group, a full-service real estate investment, development and management firm based in New York, announced that it has purchased 80 Dekalb Avenue in Brooklyn. The terms of the deal are undisclosed. Known for...
NYC Housing Partnership to Honor Ebenezer Plaza Owners with the Innovation Award at 41st...
Jamie Smarr, President and CEO of the NYC Housing Partnership and Adolfo Carrion, Commissioner of the New York City Department of Housing Preservation and Development will jointly present Ebenezer Urban Ministry Center (EUMC), Brisa...
KRE Group and Mayor Jonathan Hornik Cut Ribbon to Celebrate Opening of Beacon Hill...
Marlboro Township Mayor Jonathan Hornik, along with fellow local officials and dignitaries, joined KRE Group principals on Wednesday, October 9th, to celebrate the opening of the township’s newest full-service apartment community: Beacon Hill. Mayor Hornik...
Azora and Advenir Strike $3B Partnership to Invest in Rental Units
Azora and Advenir are teaming up in a $3 billion collaboration, called Advenir Azora to invest in rental units. The two management firms will pour the capital into key markets across the states, they announced...
Lincoln Avenue Communities Hosts Block Party at Santa Clara II Apartments in Miami
Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, hosted a block party at Santa Clara II Apartments yesterday with residents to celebrate the property's grand reopening after its major renovation....