Decron Properties acquires Silicon Valley apartment community for $84.6 MM, boosting investment activity for...
Decron Properties has acquired Willow Creek, a 208-unit multifamily community in San Jose, CA for $84.6 million, increasing its annual investment activity for the year to a record $345 million. Decron's other 2018 acquisitions include...
CPC closes $100 million Freddie Mac SBL portfolio in New York City
The Community Preservation Corporation (CPC), a Freddie Mac Seller/Servicer and leading nonprofit housing and community revitalization finance company, announced the closing of a $100 million portfolio under the Freddie Mac Small Balance Loan (SBL)...
Jonathan Rose Companies and the NHP Foundation acquire Shore Hill Housing in Brooklyn, NY
Jonathan Rose Companies, LLC, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, The NHP Foundation (NHPF), a national not-for-profit leader in providing quality affordable housing to...
IPA sells Vue Hollywood for $45 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Vue Hollywood, a 92-unit non-rent-controlled apartment building in Hollywood, California. The sales price is $45,018,000, which equates to $489,326...
$29 million multifamily asset in Northwestern Florida sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Fairfield Lakes Apartments, a 268-unit apartment community in Pensacola, Florida. The property sold for $29 million, which represents $108,209...
Mayor Emanuel joins The Habitat Company to celebrate the completion of $16M acquisition and...
Chicago-based The Habitat Company, a leading U.S. multifamily developer and property manager, announced today the completion of a $16 million acquisition and rehabilitation of a 153-unit single room occupancy (SRO) community in Chicago’s East...
New apartments and town Square for Twin Oaks, Mo.
In celebration of its founding 80 years ago, the city of Twin Oaks is getting a town square in the form of a $59 million mixed-use luxury apartment community that connects its residents to...
Bell Partners acquires multifamily community in Greater Fort Lauderdale area
Bell Partners Inc., one of the nation’s leading apartment investment and management companies, announced today that, on behalf of its Fund VI investors, it has acquired Broadstone Plantation, a premier 250-unit community located in...
Riverside Capital invests in Washington, D.C.
Riverside Capital, LLC (“Riverside”) is pleased to announce it has invested $10.1 million in Ainger Place Apartments, a 72 unit new construction property in the Randle Heights neighborhood of Washington, D.C. Ainger Place will...
Riverside Capital adds to investments in Camden, NJ
Riverside Capital, LLC (Riverside) is pleased to announce it has invested $15.5 million in Branch Village Townhomes, the second of a planned four-phase redevelopment of the Clement T. Branch public housing community in the...
New amenity rich 55+ apartment community opens in Salt Lake City area
Buchanan Street Partners, a real estate investment management firm based in Newport Beach, Calif., today announced construction has reached completion and units are available for lease at Incline at Anthem, a luxury, active adult...
Ground breaking held for two new multifamily communities in Richmond’s historic Jackson Ward
S.L. Nusbaum Realty Co. is pleased to announce that the Maryland-based CPDC recently broke ground on two adjacent apartment communities in Richmond’s historic Jackson Ward. S. L. Nusbaum Realty Co.’s Steve Boyce, Sue Hartley and...
Jonathan Rose Companies arranges financing to complete revitalization of grace west manor in Newark,...
Jonathan Rose Companies, LLC, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, announces a new Low Income Housing Tax Credit (LIHTC) Partnership that will utilize approximately...
Seven secondary market closings for Fluellen-Hoover multifamily team of Marcus & Millichap
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the Fluellen-Hoover multifamily investment sales team closed seven multifamily transactions in secondary markets...
Legacy Partners announces grand opening of The Triangle in downtown Redmond
Legacy Partners (Legacy), a privately owned national real estate firm, announced today the grand opening of The Triangle, a six-story, 195-unit apartment community at 16450 Redmond Way in Downtown Redmond. Located on a triangular lot...
