Tag: News
Cushman & Wakefield closes $41 million sale on behalf of Coastal Ridge Real Estate...
Cushman & Wakefield has arranged the $41 million sale of Estates at Perimeter, a 240-unit apartment community located in Augusta, Georgia. Taylor Bird, Robert...
HUD releases evaluation of rental assistance demonstration
In 2012, the U.S. Department of Housing and Urban Development (HUD) embarked upon a new program to address the critical capital needs of severely...
Cushman & Wakefield represents Lohman Apartments in $11.2 million sale of 140-unit Orlando multifamily...
Cushman & Wakefield has arranged the sale of Orlando Sky Apartments, a 140-unit, garden-style rental property in West Orlando. The asset sold for $11.2...
Interra Realty brokers largest year-to-date multifamily sale in Chicago’s Lincoln Park Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 1540 Fullerton, a four-story, 25-unit rental community...
JLL closes sale of San Antonio townhome community
JLL announced today that it has closed the sale of Castle Hills Townhomes, a 149-home, Class A, core-plus townhome community in San Antonio’s Castle...
Rising rent control leading to falling development and investment
An increasing number of jurisdictions recently have imposed rent control or are seriously considering doing so, leading many market participants to reconsider their investment...
Marcus & Millichap arranges the sale of a 28-unit apartment building in Lakeland, Florida
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of...
High Street Residential and Principal Real Estate Investors begin construction on Gramercy Scottsdale
High Street Residential, the residential subsidiary of Trammell Crow Company, and its partner, Principal Real Estate Investors, announced that construction has begun on a...
Cushman & Wakefield arranges $31.15 million sale for Wilkinson Group
Cushman & Wakefield has arranged the $31.15 million sale of Hickory Falls, a 220-unit apartment community located in Villa Rica, Georgia. Nathan Swenson and...
Cushman & Wakefield brokers sale of Morristown, N.J., multifamily asset
A downtown Morristown apartment community has traded in an early fourth quarter sale brokered by Cushman & Wakefield’s New Jersey capital markets team. Pacific...
R.D. Olson Construction completes $24 million affordable mixed-use development in Los Angeles
R.D. Olson Construction, an award-winning general contracting firm in California, has completed construction on The Curve at West Angeles, a 70-unit, 80,000-square-foot affordable mixed-use...
Westmount Realty Capital enters Arizona market with purchase of multifamily community near Phoenix
Westmount Realty Capital announced the acquisition of 949 at the District, a 154-unit multifamily community located at 949 South Longmore St. in Mesa, near...
Thayer Manca Residential sells $45.25 million property in Arizona
Thayer Manca Residential (TMR) has sold their latest multifamily property in the Tempe, Ariz. market, Avia 266, for $45,250,000. The Seattle-based investment firm acquired...
$29.35 million luxury multifamily asset trades in Northwestern South Carolina
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of...
Thayer Manca Residential sells renovated Everett property for $40.2M
Thayer Manca Residential (TMR) has sold Atwater Clearing Apartments in Everett, WA for $40,200,000. Seattle-based TMR purchased the 198-unit, garden style property with a...