Preserving Affordable Workforce Housing in Maryland
Maryland-based The Severn Companies and nationally recognized Enterprise Community Investment Inc. (Enterprise) have partnered to acquire Ivy Crossing, a 99-unit multifamily property in Catonsville, MD. Ivy Crossing, built in 1947, provides vital affordable workforce...
UIP-led venture acquires 100-unit apartment building in Washington, DC
A venture led by Urban Investment Partners (UIP) of Washington DC has acquired 3333 Wisconsin Avenue NW, a 100-unit apartment building in the prestigious Cathedral Heights neighborhood of Washington, DC. The venture closed on...
Timberland Partners announces purchase of Ridgemont at Stringers Ridge, Chattanooga, TN, 226 units
Minneapolis based Timberland Partners is pleased to announce the acquisition of Ridgemont at Stringers Ridge, an apartment community located in Chattanooga, Tennessee. Founded in 1992, the company now owns and manages 67 apartment communities...
The Calida Group Announces 180 Unit Expansion with Newly Renovated Ely By Elysian Living
Multifamily real estate developer The Calida Group, who owns and operates luxury Elysian Living communities, will launch Ely By Elysian Living in fall 2018, a new concept serving as an extension of the Elysian...
North Phoenix multifamily asset purchased for $38.2 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Azura, a 387-unit apartment asset in North Phoenix, Arizona. The property sold for $38.2 million.
“Revenue gains currently experienced at Azura...
Pathway to Living celebrates groundbreaking of 116-unit senior housing community in La Grange, Ill.
Pathway to Living, a Chicago-based developer, owner and operator of senior living communities, today announced the start of construction on Aspired Living of La Grange, a 116-unit assisted living and memory care community in...
CA Ventures and K Giles LLC celebrate grand opening of Eleven40 apartment tower in...
CA Residential LLC, the multifamily investment and development arm of Chicago-based CA Ventures, together with joint venture partner K Giles LLC and equity partner Diamond Realty Investments Inc., recently celebrated the grand opening of...
Walters Group builds Cornerstone At Stafford construction underway on 100 premium income-restricted apartment homes...
Walters Group has begun construction of Cornerstone At Stafford, consisting of 100 income-restricted apartments for seniors (55+). The community, located at 120 Campbell Blvd., Manahawkin, is part of the large-scale Stafford Park redevelopment accessible...
$64.35 million buys suburban Phoenix luxury multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Velaire at Aspera, a 286-unit core multifamily asset in Glendale, Arizona. The property sold for $64.35 million, which equates to...
Three-property seniors housing portfolio sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of the Clarity Pointe Portfolio, a three-property, 174-unit, 175-bed seniors housing portfolio. The properties are in Knoxville, Tennessee, and Fayetteville and...
Pathfinder Partners acquires eighth Denver-area multifamily community
Pathfinder Partners, a San Diego-based firm specializing in value-add real estate investments, has announced the $18.3 million acquisition of Verona Park Apartments – an 119-unit multifamily community located in the Denver metro area at...
$29.2 million buys two West Virginia multifamily assets
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of two multifamily assets with a total of 409 units in...
George Smith Partners secures $22.3 million in financing for ground-up workforce housing development in...
George Smith Partners, one of the nation’s leading commercial real estate capital advisors, has successfully secured $22.3 million in financing for the ground-up development of a 51-unit workforce multifamily property with 3,350 square feet...
Waterton acquires 8-property multifamily portfolio in growth markets of Arizona, North Carolina, Texas, and...
Waterton, a national real estate investor and operator, today announced it acquired an institutional-quality portfolio comprised of eight multifamily properties with a total of 3,685 units located in growth markets across four states. The...
Gebroe-Hammer Associates arranges sale of Plainfield, NJ multifamily portfolio for the second time in...
Gebroe-Hammer Associates has arranged the sale of a four-building multifamily portfolio located on Park Avenue and East 7th Street in the heart of Plainfield, N.J. The $6.4 million transaction was finalized by Adam Zweibel,...
