PPR Capital Management Announces First Build-to-Rent Acquisition Highline at Knoxville
PPR Capital Management (PPR), a private equity real estate investment firm, announced the acquisition of Highline at Knoxville, a newly constructed build-to-rent (BTR) community in Knoxville, TN. This strategic $87 million acquisition encompasses both...
The Bascom Group Launches New 506(C) Fund Offering Targeting Value-Add & Distressed Apartment Acquisitions
Bascom Value Added Apartment Investors VI, LLC ("Fund VI" or the "Fund"), which is sponsored by The Bascom Group, LLC ("Bascom"), launched a new offering of its securities pursuant to Rule 506(c) under the...
Timberline Real Estate Ventures Acquires The Wilde Student Apartments for $44.35M
Timberline Real Estate Ventures has purchased The Wilde student apartments in Raleigh for $44.35 million. The seller, Cardinal Group, originally acquired the property in 2018 for $42.45 million.
Situated on nearly 16 acres at 3333...
Pre Leasing Starts for Rylan at Gateway in Forney Texas
Leasing has begun at Rylan at Gateway, a new 336-residence apartment community in Forney, TX slated for completion this summer. The project, a development of Legacy Partners and The Resmark Companies, is located at...
Lincoln Avenue Communities Hosts Grand Reopening Ceremony at Historic Tivoli Place in New Orleans
Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, hosted a grand reopening ceremony Thursday at Tivoli Place Apartments, marking the completion of an extensive $35 million rehabilitation of the historic...
New Luxury Apartments Vista at Councill Square Launch Leasing in Downtown Huntsville
Rockefeller Group and T2 Capital Management announced that leasing has commenced at Vista at Councill Square. The new six-story, 332-unit premium property is located in Downtown Huntsville, Ala., the city's entertainment and lifestyle hub....
4106 PR LLC Completes $11.4M Acquisition of Point Royale Apartments in Victoria Texas
4106 PR, LLC announced the acquisition of Point Royale Apartments, a multi-family residential community in Victoria, TX, for $11.4 million. Located at 4106 John Stockbauer Drive, the property was officially acquired on February 27,...
BSR REIT Completes Sale of Austin Portfolio Cielo and Wolf Ranch to AvalonBay Communities...
BSR Real Estate Investment Trust ("BSR" or the "REIT") (TSX: HOM.U) (TSX: HOM.UN) announced that it has completed the sale of three properties located in Austin, TX to AvalonBay Communities, Inc. ("AVB") (NYSE: AVB)...
J.P. Morgan Real Estate Income Trust, Inc. Expands Portfolio with The Preserve at Pine...
J.P. Morgan Real Estate Income Trust, Inc. (JPMREIT) announced the acquisition of two residential assets, The Preserve at Pine Valley in Wilmington, North Carolina and Bass Lofts in Atlanta, Georgia. These strategic acquisitions underscore...
Greystar Announces New BTR Community Old Ivy Residences near Charlottesville
Greystar, a global leader in the investment, development, and management of residential real estate, is pleased to announce the start of construction on Old Ivy Residences, a hybrid multifamily and build-for-rent community in Albemarle...
1900 Vic LLC Completes $41.4M Acquisition of The Vic at Southwinds in Baytown Texas
1900 Vic, LLC announced the acquisition of The Vic at Southwinds, a premier residential community in Baytown, Texas, for $41.4 million. Located at 1900 Kilgore Parkway, the property was officially acquired on March 25,...
Marcus & Millichap Brokers $13.4M Sale of 84-Unit Multifamily Property Hurstbourne Heights in Louisville
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Hurstbourne Heights, an 84-unit apartment property located in Louisville, Kentucky.
“This transaction...
Vista Residential Partners Announce Groundbreaking For Clear Lake Vista, a 297-Unit Community in Pooler...
Vista Residential Partners, a national multifamily development firm, has broken ground on 14.8 acres on East Marketplace Way in Pooler, Georgia, for the development of Clear Lake Vista, a 297-unit multifamily project a part...
Joint Venture Announces Development of 250-Unit Build-for-Rent Community Leo at Port Wentworth near Savannah
A joint venture between PCCP, LLC and Advenir Azora has announced the ground-up development of Leo at Port Wentworth, a 250-unit, cottage- and townhome-style built-for-rent (BFR) community located at 1100 Meinhard Road in Port...
Center Park Group Delivers Single-Family Rental Community Brisbane to AMH in Charleston
Center Park Group, a premier general contractor and home builder specializing in innovative multifamily and build-to-rent (BTR) solutions and communities across the Southeast, announced it successfully delivered all 30 for-rent, single-family homes at Brisbane...
