Tag: Apartment REIT
Northwind Group Provides a $75M First-Mortgage Acquisition Loan for the 219 East 42nd Street...
Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, announced it provided a $75 million senior mortgage acquisition predevelopment loan...
Capital Square Delivers 226% Equity Multiple in Georgia Multifamily Delaware Statutory Trust (DST) to...
Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced the...
Capital Square Living Assumes Management of Three Tennessee Multifamily Properties
Capital Square Living, the property management subsidiary of Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active...
Blackstone Taking Apartment Income REIT Private for $10B
Blackstone and Apartment Income REIT Corp. (AIR Communities) said that Blackstone Real Estate Partners X will acquire all outstanding common shares of AIR Communities....
Capital Square Apartment REIT Adds David McKenney to Board of Directors
Capital Square Apartment REIT, Inc. is pleased to announce the addition of David McKenney to its board of directors as an independent director. McKenney replaced...
EQR Acquires Two Atlanta-Area Properties, Richmond Row and The Baxter, for $179.7M
Equity Residential recently purchased two apartment properties for a total of 634 units in the Atlanta area. The properties, Richmond Row Apartments and The...
JPMREIT Acquires Newly Constructed Fiore Single-Family Rental Townhomes in Venice Florida
J.P. Morgan Real Estate Income Trust, Inc. (JPMREIT) announced the acquisition of an initial tranche of 36 townhomes in Fiore, a single-family rental residential...
MAA Scores Central Avenue in Phoenix Lease-Up for $102M in Cash
For executives at Memphis-based REIT MAA, Central Avenue is the type of opportunity that should emerge over the next year. The company bought the...
Apartment REITs: Roaring rents
Hoya Capital Real Estate is an SEC-Registered Investment Advisor based in Rowayton, Conn. Within the Hoya Capital Apartment REIT Index, we track the eleven largest...
A steady eye
A public, non-listed REIT sponsored by Steadfast REIT Investments, LLC that launched at the end of 2013 is seeking to capitalize on strong job...
Young blood
Carroll acquired a diverse skill set early on. He built single-family homes, a retail shopping center, mixed-use, student and affordable housing and traditional apartments,...
Despite housing glut, REITs prosper
On a year-over-year basis, AvalonBay Communities saw FFO per share growth in Q3 of more than 19 percent, the highest growth rate in six...
Asset swaps, sales and spruce-ups
UDR, Inc. and AvalonBay Communities recently completed a $500 million asset exchange that helps to realize the property allocation goals of both REITs. The...
MH Feeding frenzy
"With their stocks battered over the past several years, REITs could sell a building for a lot less on a yield basis then what...
Deal-maker
The company has been taking advantage of weakness in the apartment market, buying recently constructed Class A apartment and condo product with more than...