Joint Venture Breaks Ground on Luxury Residential Community Liberty Village in New Jersey
A joint venture between CrownPoint Group Inc. and Crossroads Companies has broken ground on a townhouse-style apartment development to be named Liberty Village located in Randolph, New Jersey, which will feature 125 luxury homes.
CrownPoint...
JLL Closes Two Private Capital Multifamily Assets, Maryland Greens and The Rio, in Metro...
JLL Capital Markets announced the sale of two garden-style apartment communities, totaling $20.65 million across the Phoenix metropolitan area. The transactions include the $10.7 million sale of Maryland Greens, a 78-unit community in Phoenix...
The Astor Companies Begins Construction of Havana Enclave in Miami’s Little Havana Neighborhood
The Astor Companies is once again bringing much-needed new rental apartments to the City of Miami. Astor started construction of Havana Enclave, a 179-unit project on 1.17 acres in the city’s Little Havana neighborhood.
Astor,...
MTSU Awards New Murfreesboro Student Housing Development Opportunity to The Annex Group
Following a competitive procurement process, Middle Tennessee State University (MTSU) announces it has awarded a new student housing development opportunity on its Murfreesboro campus to The Annex Group®, a leading impact housing developer that...
JLL Secures $340M Refinancing for 50 & 70 Columbus in Jersey City
JLL Capital Markets, in conjunction with BlueGate Partners LLC, announced that it has arranged a $340 million refinancing for 50 & 70 Columbus, a 938-unit mixed-use property located in Jersey City, New Jersey.
JLL and...
Gelt Venture Partners Acquires a 142-Unit Alvera at the Meadows Multifamily Property near Provo
Gelt Venture Partners, LLC (GVP) is pleased to announce it has acquired Alvera at the Meadows, a Class A, 142-unit multifamily property located at 688 W Nicholes Lane in American Fork, Utah.
Built in 2021...
JLL Arranges Sale of 375-home Single-Family Rental Portfolio Across Texas, Georgia, and North Carolina
JLL Capital Markets announced that it has arranged the sale of a 375-home single-family rental portfolio across eight markets in Texas, Georgia and North Carolina.
JLL worked on behalf of the seller, Bridge Tower Partners.
"We...
Essex Three-Twelve Closes $1.05M Sale on Saint Louis Avenue in Chicago’s Irving Park
Chicago-based multifamily brokerage firm Essex Three-Twelve, LLC recently facilitated the sale of 4129 N. Saint Louis Avenue, a recently gut-rehabbed 4-unit multifamily property located in Chicago’s popular Irving Park neighborhood.
Essex Three-Twelve represented the seller...
Construction materials prices rise as steel rolls higher
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.3 percent month-over-month in August on a seasonally adjusted basis. The intermediate demand index of...
M&R Development Begins Construction on 278-unit Apartment Community The Bluffs on Lake near Milwaukee
M&R Development announced it has begun construction on a 278-unit luxury apartment building located on a bluff overlooking Lake Michigan in St. Francis, Wisconsin, just 5 miles south of downtown Milwaukee.
The Bluffs on Lake...
JRK Property Holdings Closes on Two Separate Acquisitions for JRK Platform 5 Fund in...
JRK Property Holdings out of its JRK Platform 5 Fund has acquired in separate transactions two luxury multifamily communities in New Orleans, Louisiana.
Lumina is located on the popular Lafitte Greenway, a 2.6-mile walking and...
Marcus & Millichap Facilitates $7.75M Sale of Multifamily Community Oviedo Oaks Villas in Orlando...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Oviedo Oaks Villas, a 44-unit multifamily property in Oviedo, Florida.
"Oviedo Oaks...
Marcus & Millichap Facilitates the $25.25M Sale of the Harper Multifamily Portfolio in Los...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a seven-property, 275-unit Harper Multifamily Portfolio in Los Angeles, California.
“Assembled and...
MBK Rental Living Enters Colorado with Luxury Apartment Communities in Denver and Colorado Springs
MBK Rental Living, a preeminent lifestyle developer of apartment communities that has operated solely in California for more than a decade, announced that it has opened its first two luxury apartment communities, Alexan Peña...
Marcus & Millichap Arranges Sale of Multifamily and Retail Mixed-Use Property Whitney Point Apartments...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Whitney Point Apartments located in Madison, Wisconsin.
"Whitney Point Apartments stood out as...
