Ground has broken on Pivot, a mixed-use project on Capitol Hill
Ground has recently broken on Pivot, a mixed-use project located at the convergence of Downtown Seattle and Capitol Hill’s thriving Pike/Pine neighborhood, developed by Vibrant Cities With an eye toward the auto-row history of Capitol...
Terra closes on $91 million refinancing loan for Pines Garden at City Center Apartments...
Terra, one of South Florida’s most active residential and commercial development firms, has closed on $91 million in financing for its newest multifamily community, Pines Garden at City Center in Pembroke Pines. The firm...
JLL closes $10.6M sale of 56-unit apartment property in Raleigh
JLL announces it has closed the $10.6 million sale of Historic Boylan, a 56-unit, boutique apartment community in Raleigh, North Carolina. JLL marketed the property on behalf of the seller, Blue Heron Real Estate Opportunity...
RISE Properties Trust and Aegon Real Assets US acquire Waterbury Park Apartments in Federal...
RISE Properties Trust (“RISE”) a Canadian real estate trust based in Seattle, and Aegon Real Assets US (“Aegon RA”), an indirect wholly owned subsidiary of Aegon N.V., a multinational life insurance, pensions and asset...
Westmount Realty Capital acquires iconic mid-century modern high-rise – The View at Kessler
Today, Westmount Realty Capital announced the acquisition of The View at Kessler, an 11-story residential high-rise located at 2511 Wedglea Drive in the Kessler Park neighborhood near Oak Cliff in Dallas. Built in 1964,...
RealPage presents apartment market update
This week, RealPage presented its quarterly national multifamily housing market update webcast. It described a market with strong demand for multifamily housing and moderate rent growth. Demand surges Reports issued earlier this year from other sources...
Marcus & Millichap arranges the sale of a 70-unit apartment building in Fort Myers,...
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Residences at Page Park, a 70-unit apartment property located in...
CBRE negotiates five Arizona multifamily sales totaling $13.43 million
CBRE announced the sale of five Arizona apartment communities totaling $13.43 million. Brian Smuckler, Jeff Seaman, Derek Smigiel and Bryson Fricke of CBRE in Phoenix arranged the following transactions: Crowne Pointe, a 35-unit garden style apartment...
Parkview Financial provides $15.91 million construction loan for a new six-story, 65-unit project in...
Parkview Financial announced today it has provided a $15.91 million construction loan to St Andrews Place, LLC, a Los Angeles-based private developer, for the development of a six-story, 65-unit apartment property in the Koreatown...
Legacy Partners breaks ground on Colorado’s first large-scale OZ residential community
Legacy Partners (Legacy), a privately-owned national real estate firm, announced today the groundbreaking of Legacy at Fitz in Aurora, Colorado. Located at 1363 N. Victor Street, the five-story 363-unit apartment community is Colorado’s first...
Stonebridge acquires 83-unit Durham, NC multifamily community
StoneBridge Investments of Washington, DC, has acquired Sutton Place, an 83-unit rental apartment and townhome community in Durham, NC, in an off-market transaction from a private owner. Constructed in 1993, Sutton Place is located just...
DCHFA finances new affordable rental community in Ward 7’s Deanwood
The District of Columbia Housing Finance Agency (DCHFA) closed out the month of July with the issuance of $19.5 million in bond financing and underwrote $12 million in low income housing tax credit equity...
Census turns a spotlight on housing
A series of reports from the Census Bureau, give a snapshot of the current state of housing in the United States. Construction A report on new residential construction shows strength in the multifamily housing industry, especially...
Passco Companies acquires premier Class A multifamily community in thriving Augusta, Georgia for $58...
Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has acquired Grand Oaks at Crane Creek, a 300-unit, fully stabilized...
Construction complete on Elan Yorktown, a new multifamily community in Lombard, Illinois
Construction is now complete on Elan Yorktown, a new luxury apartment community located at 50 Yorktown Center in Lombard, Illinois. Elan Yorktown is developed and owned by Greystar, a global leader in the investment,...
