Sunday, May 12, 2024

News

Preserve at Hanover Park

CSG is Pleased to Announce the Nearly $54M Closing of Preserve at Hanover Park...

Churchill Stateside Group, LLC (“CSG”), a real estate and renewable energy financial services company, is pleased to announce the closing of the Preserve at Hanover Park in Beaufort, South Carolina. The financing for Preserve at...
Citra

Institutional Property Advisors Closes Sale and Arranges Financing for Multifamily Asset Citra in Phoenix

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale and financing of Citra, a boutique, 72-unit apartment property in Phoenix, Arizona. “The heavily built out Northwest Valley has strong renter demographics and a...
Stepping Stone Apartments

The Multifamily Group Completes the Sale of 80-unit Stepping Stone Apartments in San Antonio

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced the facilitation of the B-Class Stepping Stone Apartments sale in San Antonio. Paul Yazbeck represented the seller, a trusted local owner with...
Clarendon Hill Towers Apartments

MassHousing Arranges $50M in Financing for Substantial Property Improvements for the Clarendon Hill Towers...

Residents living at the 501-unit Clarendon Hill Towers Apartments in Somerville, Massachusetts near Cambridge will have affordable rents preserved and see approximately $13 million in property improvements as a result of $50 million in...
construction job openings

Construction jobs market cools in March

The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings in March was 8.49 million. This was reported to be down 325,000...
500 PARQ

500 PARQ Now Accepting Pre-Leases for Luxury Mixed-Use Multifamily Community in Parsippany

PARQ Builders, LLC proudly announced that its new luxury apartment community, 500 PARQ, is now pre-leasing and accepting move-ins for late May. The community is professionally managed by Greystar. In addition to 500 PARQ, the...
One Legacy Place

Garden Communities Delivers Signature Apartment Building One Legacy Place in East Brunswick

Garden Communities has delivered One Legacy Place, the signature multifamily address at Legacy Place, the company’s new, luxury mixed-use development in East Brunswick, New Jersey. “One Legacy Place is the centerpiece of our community,” said...
Athens Reserve Apartments

The Multifamily Group Completes the Sale of 122-unit Athens Reserve Apartments in the Dallas/Tyler...

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced the sale of Athens Reserve Apartments in Athens, Texas. Managing Partner Paul Yazbeck successfully procured the buyer, who is a Dallas-based Multifamily Developer. Yazbeck...
SoMi Parc

Miami-Dade County and Related Group Celebrate Grand Opening of Residences at SoMi Parc in...

Related Urban Development Group, the affordable and workforce housing arm of Related Group, together with Miami-Dade County's Public Housing and Community Development (PHCD), celebrated the grand opening of Residences at SoMi Parc, a 172-unit...
Villas at 28th Street

Kennedy Wilson and Haseko Corporation Team Up in $90M Purchase of The Farmstead and...

A real estate fund managed by Kennedy Wilson has partnered with Haseko Corporation on a $90 million multifamily buy in Vancouver, Washington. The venture acquired a two-property, 350-unit ($257k/unit) portfolio consisting of The Farmstead...
Pointe on Rio

Landmark Properties Acquires Pointe on Rio in Austin Texas

Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, has acquired Pointe on Rio in Austin, Texas. Built in 2014, this mid-rise community at 1901...
The Alcove

Meta Housing Corp and R.D. Olson Construction Starts Work on Affordable Housing Project The...

Meta Housing Corp has broken ground on a new 238k square-foot, seven-story affordable housing apartment complex in the western San Fernando Valley community of Woodland Hills known as The Alcove. The project is being...
The Flats at Dorsett Ridge

Northmarq Announces $54M Sale and Acquisition Financing of Luxury Multifamily Community The Flats at...

Northmarq’s Midwest Investment Sales team of Regional Managing Director Parker Stewart and Managing Director Dominic Martinez brokered the $54.1 million sale of a 214-unit multifamily property in Maryland Heights, Missouri. Built in 2021, The...
Premiere at Eastmark

Institutional Property Advisors Closes East Valley Land Sale for Upcoming Premiere at Eastmark Multifamily...

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of The Premiere at Eastmark 3.0,a fully entitled 8.55-acre multifamily development site in Eastmark, a master-planned community in Mesa, Arizona. The property sold...
The Flats at 9338

Northmarq’s Multifamily Investment Sales Team Brokers Sale of 88-unit The Flats at 9338 Apartment...

Northmarq’s San Antonio Multifamily Investment Sales team led by Zar Haro, Moses SillerBryan VanCura, Phil Grafe, Brian Booth, Rudy Dodier and Kevin Garza brokered the sale of an 88-unit multifamily property in the Northeast...
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