Walters plans to open Cornerstone at Stafford in March 2019
Walters has nearly completed construction of Cornerstone At Stafford which will bring 100 premium age (55+) and income-restricted residences to Manahawkin. Located at 120 Campbell Blvd., the community is part of the large-scale Stafford...
Luxury apartment home community Lullwater at Hixson underway
Fickling & Company and Novare Group have broken ground on Lullwater at Hixson, a 250-unit luxury apartment community conveniently located in the Hixson suburb of Chattanooga, Tenn. “We are thrilled to be underway with Lullwater...
Evergreen Real Estate Group completes renovation of affordable senior housing community in Racine, Wis.
Evergreen Real Estate Group, a leader in the development, rehabilitation and management of both affordable and market-rate multifamily housing, today announced it has completed a $2 million renovation of Durand Plaza, a 72-unit affordable...
Affordability extended at senior housing community in Brighton, property improvements planned, resulting from $44.8...
Senior citizens living at the 200-unit Covenant House I and II housing community in Brighton have had affordable rents extended through 2052 and will see significant property improvements as a result of $44.8 million...
Marcus & Millichap arranges sale of an 18-unit apartment building in Chicago
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of an 18-unit apartment property located in Chicago, according to David...
Meridian Capital Group arranges $27.5 million in financing for The Cobalt Apartments, a multifamily...
Meridian Capital Group, America’s most active dealmaker, arranged $27.5 million in financing to refinance The Cobalt, a multifamily property in Somerville, NJ on behalf of Weiss Properties based in New Brunswick, NJ. The 12-year loan...
Levin Johnston directs two property sales totaling $23.45 million in the California East Bay...
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has successfully directed two property sales totaling $23.45 million...
Boston public housing community will undergo extensive renovation with $38.7 million in MassHousing financing
MassHousing has closed on $38.7 million in affordable housing financing to the non-profit Inquilinos Boricuas En Accion, Inc. (IBA), for the rehabilitation and preservation of the West Newton Apartments, a 146-unit public housing community...
Pre-leasing begins at The Field’s Lofts near Chicago’s Logan Square Neighborhood
Chicago-based Hubbard Street Group (HSG) today announced the start of pre-leasing at The Field’s Lofts, a 123-unit loft-style rental community housed in a portion of the redeveloped Marshall Field’s warehouse at 4000 W. Diversey...
Trion Properties sells 97-unit multifamily community in San Diego, California
Trion Properties, a private equity real estate firm that specializes in multifamily investments, has sold Willow Glen Apartments, a 97-unit multifamily community located in the rapidly growing Rolando/College Area submarket of San Diego, California,...
North County San Diego apartment asset trades at $19.5 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Villa Capri, a 98-unit multifamily property in Escondido, California. The sales price is $19.5 million. “The property is a well-maintained apartment...
Michaels achieves financial closing on $61 million development in San Marcos, Texas
The Michaels Organization, a national leader in residential real estate and the largest private sector owner of affordable housing in the country, has successfully closed on $61 million in financing for Mission Trail at El...
Bozzuto selects Leonardo247 to automate operational best practices
The Bozzuto Group, one of the largest multifamily property management firms in the U.S., has announced it will deploy Leonardo247 across its entire portfolio comprised of over 70,000 residences. Leonardo247 allows Bozzuto to easily administer...
CGI Strategies acquires troubled multifamily community in Orlando, Florida for $43 million
CGI Strategies has acquired Sola at Celebration, a vacant 306-unit luxury multifamily community in Celebration, FL. The property was purchased from Southstar Capital Group in a transaction valued at $43 million. Developed by Hines in...
NDG Student Living and OC Ventures expand SUNY footprint with 371-bed student housing acquisition
NDG Student Living announces that OC Ventures has acquired Twin River Commons, a Class “A,” student housing community serving the students at Binghamton University. The 371-bed student community consists of one-, two-, three- and four-bedroom...
