The RADCO Companies announces sale of Spalding Bridge apartment community in Atlanta for $38.525...
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Spalding Bridge, a 192-unit multifamily complex located at 47 Spalding Trail NE in Atlanta, Georgia. The property was...
DB Capital increases Denver holdings with $31 million acquisition of Aurora, Colorado apartment complex
Multifamily investment firm DB Capital Management (DB Cap) continues to build its Denver portfolio with the $31 million acquisition of Apex on the Highline (Apex), a 138-unit multifamily property in Aurora, Colo. The acquisition of Apex furthers DB...
Stonebridge acquires 210-unit Columbia, Maryland apartment community
StoneBridge Investments of Washington, DC, has acquired Gramercy at Town Center, a 210-unit rental apartment community in the heart of fast-growing Columbia, Maryland, for $67 million. Martha Hastings and Bill Roohan of CBRE represented the...
Student-housing community near Kutztown University sells for $20.1 million
JLL Capital Markets announced that it has closed the $20.1 million sale of Edge at Kutztown, a 184-unit/552-bed student-housing community located near Kutztown University in Kutztown, Pennsylvania. JLL marketed the property on behalf of the...
Cushman & Wakefield arranges $21.5 million sale on behalf of Arcan Capital
Cushman & Wakefield announced that the commercial real estate services firm has arranged the $21.5 million sale of two apartment communities totaling 289 units located in Birmingham, Alabama. Andrew Brown, Craig Hey and Parker Caldwell...
Cushman & Wakefield arranges $5.25 million sale on behalf of TCA LLC
Cushman & Wakefield announced that the commercial real estate services firm has arranged the $5.25 million sale of Terrace Court, a 40-unit apartment community located in Birmingham, Alabama. Craig Hey and Jimmy Adams of Cushman...
Residential construction spending rises
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in May was up 0.2 percent from the revised level for April. Overall construction spending was up...
Multifamily jobs markets mixed again in June
The latest Employment Situation Report from the Bureau of Labor Statistics shows that jobs categories of interest to builders and operators of multifamily housing had a mixed performance in June. Total employment growth up for...
Power Hitters with Ziv Cohen
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Ziv Cohen, Chief Investment Officer of The Resmark Companies. Transcript: NAHB Power Hitters interview. Linda Hoffman with Ziv Cohen, recorded June 17, 2021 (music) Linda...
Institutional Property Advisors facilitates suburban Salt Lake City multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Mountain View, a 96-unit multifamily asset in West Valley City, Utah. “The Salt Lake City metropolitan area was one of the...
$56 million construction financing secured for Manhattan multihousing property
JLL Capital Markets announced it has secured $56 million in construction financing for the development of 202 E. 23rd St., a mixed-use, passive house designed, multihousing property consisting of 108 units, located on the...
Power Hitters with Neil Brown part 2
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Neil T. Brown, CEO/Founder of ArchCo Residential LLC.
The Multifamily Group brokers 100 units in San Angelo, Texas
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week it has facilitated Casa Rio Apartment’s sale in San Angelo, Texas. Managing Partner Paul Yazbeck represented the seller in this...
PCCP, LLC provides $76 million loan for the acquisition and renovation of a 299-unit...
PCCP, LLC announced that it has provided a $76 million senior loan to an affiliate of Sares Regis Group for the acquisition and renovation of LIT Cortez Hill (formerly known as AVA Cortez Hill),...
