Saturday, May 18, 2024

News

Kristie Arnst

Buckingham Companies Names Kristie Arnst Executive Vice President of Property Management

Buckingham Companies, a fully integrated real estate investment firm, managing a portfolio of more than $3 billion in real estate for its own account and institutional partners, announced the promotion of Kristie Arnst to...
Park Avenue and Goff Street

CBRE Sells Laguna Beach Apartment Property Portfolio on Park Avenue and Goff Street for...

A seven-unit multifamily property in downtown Laguna Beach on Park Avenue and Goff Street was purchased by a private investor for $5.89 million. The Laguna Beach Apartment deal works out to a price of...
Grover Square

Northmarq Arranges the $13.7M Sale and Financing of Grover Square Apartments in Omaha Nebraska

Northmarq’s Midwest Multifamily Investment Sales team of Parker Stewart, Anthony Martinez, Dominic Martinez and Alex Malzone with Jim Gibson recently completed the $13.7 million sale of Grover Square, a 201-unit multifamily property in Omaha,...
Bloom Apartments

Walker & Dunlop Secures $39M Refinancing for Bloom Apartments in Seattle Suburb of Kirkland

Walker & Dunlop has arranged a $39 million refinance for Bloom Apartments, a 135-unit, 3-story multifamily apartment community located in the Seattle suburb of Kirkland. Bloom Apartments amenities include walk-in closets, vaulted ceilings (in select...
Equitable Developers Fund

MassHousing and MHIC Announce the Opening of the Equitable Developers Fund

MassHousing and the Massachusetts Housing Investment Corporation (MHIC) announced that funding applications are now open for the Equitable Developers Fund (EDF). The $50 million Equitable Developers Fund is the largest publicly led financing program of...
The Argonne

CIM Group Sells 276-unit The Argonne Apartment Building in Washington DC

CIM Group has sold The Argonne, a 276-unit apartment building in Washington, D.C., which was acquired in 2013. Terms of the sale were not disclosed. Located at 1629 Columbia Road NW, the building is near...
The Nine at Central

Cushman & Wakefield Arranges Sale of The Nine at Central Student Housing Apartment Community

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Nine at Central, a recently built 201-unit and 764-bed student housing apartment community located at the University...
Celeste

Sares Regis Begins With Exceptionally Strong Leasing Velocity at Celeste, A New Transit-Friendly Apartment...

Sares Regis Group of Northern California (SRGNC) announced the completion of construction and strong leasing Velocity at Celeste, their latest ground-up residential development in downtown South San Francisco featuring 195 rental apartments and adjacent...
Pointe on La Brea

EAH Housing Celebrates the Grand Opening of Pointe on La Brea

EAH Housing, one of the largest and most respected nonprofit housing development and management organizations in the western United States, announced the grand opening of Pointe On La Brea. This former auto body shop...
Madison Capital Markets

Madison Capital Group Launches Madison Capital Markets, Providing Real Estate Investment Opportunities

Madison Capital Group, a vertically integrated real estate development and investment firm, has launched Madison Capital Markets, a specialized division dedicated to providing stable cash flows and value creation opportunities for real estate investors...
multifamily housing construction including permits, stats and completions

Mixed month for multifamily housing construction

The Census Bureau’s new residential construction report for April showed multifamily permits were lower, starts rebounded higher and completions remained about the same. Note that, with this report, the Census Bureau has revised its seasonal...
Gibson Point

Redgate Announces Gibson Point, 291 Modern Apartment Homes Designed for Wellness and Seaside Living

Redgate announces pre-leasing will be available June 1st for Gibson Point, 291 brand-new apartment homes located in Revere, Massachusetts that offer residents a holistic wellness experience unlike any other. First move-ins are expected in...
Clearwater at The Heights in Houston

Hines and Clearwater Living Senior Housing Fund V to Recapitalize and Rebrand Luxury Senior...

Hines, Clearwater Living Senior Housing Fund V (a Clearwater Living investment vehicle) and an institutional investor have formed a joint venture to successfully recapitalize and rebrand Clearwater at The Heights in Houston. This initiative introduces...
Bell Murrieta Springs

Bell Partners to Rebrand SoCal Multifamily Property Silverado Apartment Homes to Bell Murrieta Springs...

Bell Partners has acquired Silverado Apartment Homes, a 492-unit apartment community located in Murrieta. The community was acquired on behalf of the company’s Value Add Fund VIII investors for $146.5 million and will be...
Rambler Tempe

LV Collective Starts Work on 829-Bed ASU Student Housing Project Rambler Tempe

LV Collective, Kayne Anderson Real Estate, and Pacific Life have closed on a student-oriented multifamily development Rambler in Tempe, Arizona. Located at 1020 East Apache, Tempe, Rambler is less than a quarter mile from...
Yield PRO