Friday, May 17, 2024

News

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,...
Ellison

Flournoy Development Group Unveils Dynamic New Brand Identity for Premier Multifamily Developments: Ellison by...

Flournoy Development Group (FDG) is proud to announce the launch of Ellison by Flournoy Development, a new premier multifamily brand dedicated to unparalleled quality, service, and innovation. Ellison represents the culmination of FDG's unwavering dedication...
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...
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...
Evergreen Auburn

Muinzer Acquires 486-Bed Student Housing Property Evergreen Auburn Near Auburn University

Muinzer, a leading real estate investment firm specializing in student housing, alongside capital partner T2 Capital Management, announced the acquisition of Evergreen Auburn near Auburn University. The property was recently renovated with modern amenities, including...
Max LaVictoire

Max LaVictoire Joins Landmark Properties as Managing Director of Investor Relations

Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, announced that Max LaVictoire has joined the firm as Managing Director of Investor Relations. "We are...
Pointe on Westshore

American Landmark Apartments Acquires Class A Tampa Apartment Community The Pointe on Westshore

American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired The Pointe on Westshore, a 444-unit apartment community nestled in the vibrant city of Tampa, Florida. This acquisition signifies American Landmark's...
NAHB Multifamily Pillars of the Industry Awards

NAHB Multifamily Pillars of the Industry Winners 2023

The National Association of Home Builders (NAHB) Pillars of the Industry award winners are in. Yield Pro is honored to present the nation’s best. Best high-rise apartment community 10 stories plus Carlyle Crossing Alexandria, Virginia 18-STORY • 741 UNITS •...
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...
Radbourne Lake Apartment

NexPoint Completes the Sale of Radbourne Lake Apartment Homes in Charlotte North Carolina

NexPoint Residential Trust, Inc. announced the closing of the sale of Radbourne Lake Apartment Homes in Charlotte, North Carolina, a 225-unit property built in 1991. Radbourne Lake Apartments features comfortable one-, two-, and three-bedroom apartments...
New York leads in rent growth

Positive rent growth reported in April

Yardi Matrix reported that national average apartment rent was up $6 in April compared to the revised level of the month before at $1,725 per month. The national average year-over-year apartment asking rent growth...
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...

Yardi Matrix special report reveals a tale of two markets

Yardi Matrix released an update to its most recent multifamily rent forecast. The special report reveals that when it comes to rent growth and supply, the multifamily sector is a tale of...
Birch House

Halpern Hosts Jersey City Mayor Steven Fulop For Ribbon Cutting to Open Birch House...

Halpern Real Estate Ventures (HREV) recently hosted Jersey City Mayor Steven Fulop and a cadre of esteemed guests, marking the official opening of Birch House, the newest residential addition to the city’s reinvigorated West...
Mosaic

JPI Acquires 1.58-acre Parcel at Mosaic Redevelopment in Long Beach

Momentum continues on the redevelopment of Mosaic in downtown Long Beach with the sale of a 1.58-acre portion of the site to multifamily developer JPI. Mosaic is a 14-acre, large-scale open-air retail, residential, creative office...
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