News

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the exclusive opportunity to acquire Bel Aire Terrace, a 324-unit apartment community in Crestview, Florida. The price is open bid. “Bel Aire Terrace is...

Nashville, TN-based Hensler Development Group and South Florida-based Stiles announced today that they will co-develop Peabody Union, a mixed-use, luxury commercial and residential project in Nashville, TN. Peabody Union will establish a new Design...

The National Association of Home Builders (NAHB) today announced the appointment of Dean Schwanke to the position of Vice President, Multifamily Housing. Schwanke will bring his broad research, economic analysis, communications, program planning and management...

Meridian Capital Group, America’s most active dealmaker, arranged $3.7 million in financing for the refinance of a multifamily property in New Haven, CT. The seven-year, floating-rate loan is swapped at 190 basis points over LIBOR...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of River Oaks Apartments, a 300-unit apartment complex in Tucson, Arizona. The $20.5 million sales price equates to $68,333 per unit. “The...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Red Mountain Villas, a 768-unit apartment complex in Phoenix. The $110 million sales price equates to $143,229 per unit. The...

CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, today announced construction is underway on Atria at River Trail, a 128-unit senior living community at the corner of...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of The Ranch at Fossil Creek, a 274-unit multifamily property in Fort Worth, Texas. “Built in 2002, The Ranch at Fossil Creek...

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Towne Gate Apartments, a four-story, 288-unit, Section 42 Low Income Housing...

Meridian Capital Group, America’s most active dealmaker, arranged $110 million in balance sheet financing for 251DEKALB, a five-building multifamily apartment complex located in King of Prussia, PA on behalf of a venture sponsored by...

RMK Management is proud to announce The Residences of Wilmette, a five-story transit-oriented rental community in downtown Wilmette, Ill., has earned LEED Gold certification from the U.S. Green Building Council (USGBC). The upscale rental...

The National Association of Home Builders (NAHB) has honored five individuals from across the country as the 2017 Young Professionals of the Year. The awards were presented last week in Orlando, Fla., during the...

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Although daylight saving time throws our circadian rhythms out of sync, the ongoing rationale for changing the world's clocks twice each year has been energy savings. And recent national study suggests that there may...

Appreciating a diverse culture requires more than not making inappropriate jokes. It also means using inclusive language. The politically correct terminology is gay, lesbian, and bisexual (and transgendered), even though the word gay, according...