Thursday, February 6, 2025

Tag: multifamily

Present day Rockford Watch Company opened near the Rock River in Rockford, Illinois. the factory’s vivid history includes a number of contrasts: years of great prosperity followed by market competition and insolvency in 1896, followed by successful reorganization headed by Jacob Franks and Max C. Eppenstein in 1901. a fire in July, 1903, followed by a lightning strike in September, 1903, destroying the chimney, boiler house and large part of the machine room. Some months later lay-offs were announced. After producing nearly a million pocket watches, the factory closed in 1915.

Deal watch

Oliver Emerson Development, a father-son duo, wants to turn the former Rockford Watch Co. factory in Rockford, Illinois, into affordable housing. “To be able to...
PRO IN THE KNOW Runaway federal debt destabilizes resident incomes, interferes with housing production and depresses apartment rents

INFOGRAPHIC: Demoralization in 1 easy step

spend like there’s no tomorrow Runaway federal debt destabilizes resident incomes, interferes with housing production and depresses apartment rents (PRO IN THE KNOW) $35 trillion debtor Unrepentant,...
Christopher Westcott

One Degree Acquisitions Opens Phoenix Office Helmed by Christopher Westcott

One Degree Acquisitions (“ODA”), a commercial real estate investment firm focused on the acquisition and management of a diversified portfolio of core-plus, value-add, and...
Sherry Schoen

Kidder Mathews Expands into Idaho, Recruits Top Retail Brokerage Team with Sherry Schoen and...

Kidder Mathews has expanded into Boise, Idaho, recruiting one of the region’s top retail brokerage teams with Sherry Schoen and Kasey Smart. Sherry Schoen brings...
VERVE Tempe

Subtext To Develop “VERVE Tempe,” Its Second Student Housing Development Near ASU

Subtext, a national student and multifamily housing developer, announced that it will start construction at 1011 E Orange Street in Tempe, Arizona for the...
Howland Street

Marcus & Millichap Announces $3.2M Acquisition Loan for Multifamily Property on Howland Street in...

Marcus & Millichap Capital Corporation (MMCC) arranged $3,185,000 in financing for the purchase of a multifamily property located at 280 Howland Street in Redwood...
MRI Software

MRI Software Introduces Unified Multifamily CRM and Communications Tool To Accelerate Leasing and Retention

MRI Software, a global leader in real estate solutions and services, has launched MRI Engage CRMTM, an integrated CRM and communications tool that helps...
Residences at St. George

Matheson Capital Purchases 248-unit Residences at St. George in Savannah

Matheson Capital has made its biggest acquisition to date, purchasing the 248-unit Residences at St. George in Savannah, Georgia. Matheson Capital plans to update the...
Luxe Villas

Gortikov Capital Secures $49M Loan for Upscale Multifamily Property Luxe Villas in L.A.’s Brentwood...

Gortikov Capital has secured a $49.5 million floating rate senior bridge loan on Luxe Villas, a Class A multifamily building in the upscale Los...
EDE

JAG Management Company Launches Class A Multifamily Community EDE in Western Maryland

JAG Management Company, an affiliate of Jefferson Apartment Group, has been tapped by The Goldstar Group to manage the just-delivered EDE, a new 350-unit...
Highlands at Silverdale

Russell Square Secures Temporary Certificate of Occupancy for Highlands at Silverdale Apartments

Russell Square has secured the temporary certificate of occupancy (TCO) for its latest development, The Highlands at Silverdale in Washington. This new community, situated...
The Maxwell

Carter Funds Announces Completion of Development Project The Maxwell in Rome Georgia

Carter Funds announces the completion of The Maxwell, a state-of-the-art multifamily residential community in Rome, Georgia. In partnership with the developer, Gateway Development Corporation, the project...
Allegra at Cocoa

Carter Funds Commences New Multifamily Development Allegra at Cocoa in Florida

Carter Funds is pleased to announce their next multifamily construction project, Allegra at Cocoa, located near Cocoa Beach which is set to break ground...
Kenmore Avenue

Interra Realty Brokers $5.07M Sale of 30-Unit Multifamily Property on Kenmore Avenue in Chicago’s...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 30-unit rental property at 5051 N. Kenmore...
Pacific Trails Apartments

Institutional Property Advisors Exclusively Offers San Gabriel Valley Multifamily Asset Pacific Trails Apartments for...

Institutional Property Advisors, a division of Marcus & Millichap, announced the exclusive listing for sale of Pacific Trails Apartments, an 84-unit apartment property located in...

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