Wednesday, April 17, 2024

Deal boom

Apartment deals, mergers and acquisitions

Lexington Homes to start sales this spring at Lexington Walk, a new community of...

Lexington Homes is returning to the close-in, northwest Chicago suburb of Morton Grove, Ill., with a new community of 36 rowhomes just a few blocks from the Morton Grove Metra Station. Lexington Walk, which...

Market Square Tower is over 90 percent leased

Market Square Tower, Houston’s tallest residential high-rise, has leased up in record time, and is now over 90 percent leased. Market Square Tower, nestled in the heart of downtown Houston, is within easy walking...

LYND— short name with a long, successful track record in multifamily, announces leadership changes,...

Founded in 1980, The Lynd Company (LYND), a San Antonio-based full-service multifamily property management organization currently managing approximately 23,000 units in 11 states, continues its strong legacy by announcing several key executive management appointments...

Ocean Land bucks slow sales trend for million-dollar plus condos with nine units sales...

Ocean Land Investments today announced that they had secured nine sales over the past 60 days at their Aqua-branded niche luxury developments, totaling $16.9 million in sales. The sales were realized at AquaMar and...

Wood Partners breaks ground at new Portland community

Wood Partners, a national leader in real estate development and construction, recently broke ground on their new Portland community at 1638 W Burnside. Wood Partners marked the occasion with a charitable contribution to the...

The Wolff Company announces development of modern senior living community in Kirkland

The Wolff Company—a Scottsdale-based private equity firm and senior living developer will soon break ground on Revel Kirkland, a contemporary active senior living apartment community located on the 12-acre former LifeBridge Church site in...

Transwestern Development Co. sells 290-unit community in Tempe, Arizona, to Pacific Development

Transwestern Development Co. (TDC) today announces it has sold Vela, a 290-unit luxury multifamily community at 555 N. College Ave. in Tempe, Arizona, to Los Angeles-based Pacific Development Partners. TDC Executive Vice President Ty...

Trez Forman Capital Group closes $13.5 million construction loan for multifamily community in Atlanta...

Trez Forman Capital Group completed a $13.5 million construction loan to Greystone Development Partners, LLC. The company plans to develop a 115-unit townhome-style multifamily community with substantial amenities in the Atlanta suburb of Hiram. For...

Continental Realty Advisors and GTIS Partners acquire 240-unit apartment community in Chandler, Ariz. in...

Continental Realty Advisors, Ltd. (CRA), a Denver-based national multifamily investment and management firm, in partnership with GTIS Partners, a global real estate investment firm headquartered in New York, announced today the off-market acquisition of...

Three Latitude 33 projects approved in less than two weeks

Latitude 33 Planning & Engineering is pleased to announce the approvals of Merge 56, Pacific Village, and Pacific Highlands Ranch (PHR) Village Commercial Phase II. The project approvals demonstrate Latitude 33’s ability to effectively...

North Dallas multifamily asset sale brokered by IPA

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Churchill on the Park, a 448-unit garden-style multifamily asset located in North Dallas. “This beacon asset is in a one-of-a-kind infill...

Morgan Newfield says PBOC could raise interest rates this month

China’s central bank will likely need to react to an anticipated increase in US interest rates later in March. Analysts at Taipei, Taiwan based investment house, Morgan Newfield, say that it is widely expected the...

IPA sells four-property multifamily value-add portfolio in San Antonio

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of a portfolio totaling four multifamily value-add assets in San Antonio with a total of 1,210 units. “Located within strong submarkets, each...

Panasonic launches Smart City Innovation Showcase at Peña Station NEXT to celebrate company’s 100th...

Panasonic Corporation of North America’s CityNOW business unit has opened an immersive and interactive Smart City Innovation Showcase inside its Technology and Operations Center in Denver, Colorado. The 15,000-square-foot-facility features a 3D cityscape including...

New KTGY-designed mixed-use transit-oriented development with apartments and retail in South San Francisco moves...

International award-winning KTGY Architecture + Planning announced today that the new KTGY-designed mixed-use community at 988 El Camino Real in South San Francisco developed by SummerHill Apartment Communities received unanimous approval by the City...
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