Stonebridge acquires 346-unit Durham, NC apartment community for $42.7 million
StoneBridge Investments of Washington, DC has acquired Southpoint Glen, a 346-unit suburban garden apartment community in Durham, NC, for $42.7 million. The seller, TH Real Estate, an affiliate of Nuveen (the investment manager of...
The Wolff Company breaks ground on new senior living community in Kirkland
The Wolff Company—a Scottsdale-based private equity firm and senior living developer—has broken ground on Revel Kirkland, a new independent living apartment community located on the former LifeBridge Church site in the Totem Lake neighborhood....
Expedia Group acquires Pillow and ApartmentJet to enhance its alternative accommodations marketplace for residents,...
Expedia Group, Inc. announced today the acquisitions of Pillow, a software solution that helps building owners and managers empower their long-term residents to rent their residences, and ApartmentJet, a software solution enabling the rental of...
Cushman & Wakefield arranges $79.5m sale for Watkins Real Estate Group
Cushman & Wakefield has arranged the $79.5 million sale of Trees of Newnan, a 500-unit apartment community located in Newnan, Georgia. Chris Spain, Robert Stickel and Alex Brown of Cushman & Wakefield represented the...
Community Preservation Corporation approved as Fannie Mae multifamily special affordable lender
Fannie Mae has approved the Community Preservation Corporation (CPC), a leading nonprofit affordable housing and community revitalization finance company, as a Multifamily Special Affordable Lender to originate Multifamily Affordable Housing (MAH) and Small Mortgage...
EDEN Multifamily completes construction of North Miami Beach apartment development
Leading developer EDEN Multifamily has completed construction of Lazul, an 8-story, 349-unit apartment building at 2145 Northeast 164th Street in the heart of North Miami Beach. EDEN has obtained a temporary certificate of occupancy...
The Wolff Company breaks ground on new senior living community in Hillsboro
The Wolff Company—a Scottsdale-based private equity firm and senior living developer—has broken ground on Revel Amberglen, a new independent living apartment community within the Amberglen Business Park mixed-use masterplan in Hillsboro. Characterized by celebrity...
Ceremonial grand reopening of the Courtyard at Riverview apartments
Executives from The Michaels Organization, The Philadelphia Housing Authority (PHA), and elected city officials gathered with residents of the Courtyard at Riverview apartment community on Friday, Oct. 26, to celebrate the completion of extensive...
Passco bolsters southeast portfolio with acquisition of 312-unit multifamily asset in Asheville, NC
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 acquired Asheville Exchange, a 312-unit, Class A multifamily community in...
Pinnacle Contracting, Inc. selected by Pier Property Group as construction manager for $9 million...
Pinnacle Contracting, Inc. has been tapped by St. Louis-based developer Pier Property Group to execute the historic renovation of the Steelcote Manufacturing Company Paint Factory complex at 801 Edwin Street in mid-town St. Louis,...
253-unit value-add multifamily asset sells in Salt Lake City
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Country Lake Apartments, a 256-unit multifamily property in Salt Lake City. “Propelled by robust job growth for degreed positions, demand for...
CPC, Cardinal Court Apartments LLC and Partners celebrate transformation of vacant buildings into new...
The Community Preservation Corporation (CPC), Cardinal Court Apartments LLC and partners held a ribbon cutting on Wednesday, October 17th to celebrate the opening of 40 Cannon located at 40-44 Cannon Street in Poughkeepsie, New...
Strategic Student & Senior Housing Trust breaks ground on expansion of senior housing community...
Strategic Student & Senior Housing Trust, Inc. (SSSHT), a public, non-traded real estate investment trust sponsored by SmartStop Asset Management, LLC (SmartStop), announced today that SSSHT has broken ground on an expansion of Courtyard...
240-unit suburban Phoenix apartment asset sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Indigo Springs, a 240-unit apartment complex in Mesa, Arizona. “The southeast Valley’s strong economic fundamentals are creating opportunities for multifamily property...
The Donaldson Group takes over management of 625 apartments in Richmond and Norfolk, VA
The Donaldson Group (TDG) of Rockville, MD has continued to expand southward beyond its base in the Washington, DC metro area, adding 625 units to its current 11,000-unit multifamily management portfolio. The company has...
