SPI Advisory Acquires 164-Unit Apartment Community in New Braunfels, Texas
SPI Advisory and its partners finalized the acquisition of Riverbend Apartments (formerly known as “Hawthorne Riverside”), a 164-unit, Class A- institutional-quality apartment community built in 1995.
Riverbend Apartments boasts direct access to the Guadalupe River...
Berkadia Secures $72M in Construction Financing for Multifamily Property in Montana
Berkadia announced the construction financing secured for the second phase of the existing 19th & Graf Apartment Homes, a garden-style multifamily property in Bozeman, Montana.
Located at the intersection of Graf Street and South 19th...
Kidder Mathews Sells 121-Unit Apartment Building for $19M in Seattle’s Northgate Neighborhood
Northgate Apartments, a former senior living facility totaling 121 units in Seattle, Washington sold Wednesday this week for $19M. The sale was fully marketed by Kidder Mathews’ Simon and Anderson team. The property was...
Capstone Brokers $18.9M Sale of Three-Property Portfolio in Hampton Roads Virginia MSA
Capstone Companies has closed an $18.9M portfolio sale consisting of three properties—Crossroads Townhomes (1974), Bently Apartments (1986), and Elkhart Apartments (1985)—in the Chesapeake and Portsmouth submarkets of the Hampton Roads, VA MSA. The three...
Evergreen-Residential Breaks Ground on 240-Unit Development Near Gainesville, Florida
Plantation, Florida-based Evergreen-Residential broke ground last month on Evergreen Westside, a 240-unit property across the street from Oaks Mall in Gainesville, Florida. FK Architecture has released new renderings of the site in a press...
Leasing Begins at Maven: a 200-Unit, 27-Story Tower in The Bronx
New York City-based real estate owner, developer and operator RXR has announced the start of leasing at Maven, a 27-story residential tower in the Mott Haven neighborhood of the Bronx in New York City....
5,000 Unit Multifamily Addition Planned for Mall Redevelopment in Portland Oregon
Urban Renaissance Group (URG) and KKR Real Estate Finance Trust (KREF) have unveiled plans for the redevelopment of Lloyd Center, a 1.2M SF mall in Portland, OR.
Plans for the redevelopment, which could cost as...
Standard Communities Acquires Six 100% Affordable Communities Totaling 407 Units in Los Angeles
Standard Communities, a leading national developer and investor in affordable and workforce housing, has led a public-private partnership that acquired six 100% affordable Section 8 communities in Los Angeles County with a total of...
CPP Announces Acquisition of Affordable Housing Community in Albuquerque, New Mexico
Community Preservation Partners, a mission-driven affordable housing preservation developer has announced the acquisition and planned renovation of two developments in Albuquerque: Mountain View II and III.
Built in 1967 and 1968 respectively, Mountain View II...
Interra Realty Brokers $2.25 Million Sale of Apartment Building on Chicago’s Near North Side
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $2.25 million sale of a seven-unit apartment building in Chicago’s Old Town neighborhood. The transaction equated to $321,428 per...
Institutional Property Advisors Brokers Sale and Arranges Financing for Multifamily Asset in North Dallas
Institutional Property Advisors, a division of Marcus & Millichap, announced today the sale and financing of Mustang Station, a 444-unit multifamily asset in Farmers Branch, Texas.
“The property is located within one of the highest...
Grand Opening of The Sinclair, New $40M Affordable Housing Apartments Community in Columbus, Ohio
Leaders with the Columbus Metropolitan Housing Authority (CMHA) and The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, joined today with Columbus Mayor Andrew Ginther, state Senator Hearcel Craig,...
Historical Elegance Meets Modern Living in the Fox Park Neighborhood of St. Louis
The Koken is conveniently situated within the bustling St. Louis Fox Park neighborhood. This iconic renovation, masterminded by the design-build team at Blackline Design + Construction, opened its doors to residents on August 1st,...
McShane Completes Construction on The Woodlands at Canterfield Senior Living Residence Near Chicago
McShane Construction is pleased to announce the completion of The Woodlands at Canterfield, a 131-unit senior living development in West Dundee, Illinois. Built for Westbrook at Canterfield, LLC, The Woodlands at Canterfield is comprised...
High Street Residential Unveils Details for the Grace Multifamily Tower at Science Square
High Street Residential, the residential subsidiary of Trammell Crow Company, unveiled details about its first residential development in Atlanta, Georgia. The Grace Residences is a collection of 280 apartments located at Science Square, a...
