Sunday, January 12, 2025

Tag: News

Stonebridge acquires 346-unit Durham, NC apartment community for $42.7 million

StoneBridge Investments of Washington, DC has acquired Southpoint Glen, a 346-unit suburban garden apartment community in Durham, NC, for $42.7 million. The seller, TH...

The Wolff Company breaks ground on new senior living community in Kirkland

The Wolff Company—a Scottsdale-based private equity firm and senior living developer—has broken ground on Revel Kirkland, a new independent living apartment community located on...

Expedia Group acquires Pillow and ApartmentJet to enhance its alternative accommodations marketplace for residents,...

Expedia Group, Inc. announced today the acquisitions of Pillow, a software solution that helps building owners and managers empower their long-term residents to rent their...

Cushman & Wakefield arranges $79.5m sale for Watkins Real Estate Group

Cushman & Wakefield has arranged the $79.5 million sale of Trees of Newnan, a 500-unit apartment community located in Newnan, Georgia. Chris Spain, Robert...

Miami apartment owners can seek punitive damages in Airbnb suit

Airbnb Inc. will face a punitive damages claim in a Florida state court suit alleging the home-sharing platform supports and encourages unauthorized short-term rentals,...

Community Preservation Corporation approved as Fannie Mae multifamily special affordable lender

Fannie Mae has approved the Community Preservation Corporation (CPC), a leading nonprofit affordable housing and community revitalization finance company, as a Multifamily Special Affordable...

EDEN Multifamily completes construction of North Miami Beach apartment development

Leading developer EDEN Multifamily has completed construction of Lazul, an 8-story, 349-unit apartment building at 2145 Northeast 164th Street in the heart of North...

The Wolff Company breaks ground on new senior living community in Hillsboro

The Wolff Company—a Scottsdale-based private equity firm and senior living developer—has broken ground on Revel Amberglen, a new independent living apartment community within the...

Ceremonial grand reopening of the Courtyard at Riverview apartments

Executives from The Michaels Organization, The Philadelphia Housing Authority (PHA), and elected city officials gathered with residents of the Courtyard at Riverview apartment community...

WinnResidential appoints Terri Benskin as executive vice president

WinnResidential, the property management arm of award-winning multifamily property developer and manager WinnCompanies, today announced the appointment of Thuong “Terri” Benskin as executive vice...

The Conam Group names Rob Singh as president and CEO

The ConAm Group, (ConAm) a San Diego-based real estate investment, development and services firm, has announced that industry veteran Rob Singh has been appointed...

Passco bolsters southeast portfolio with acquisition of 312-unit multifamily asset in Asheville, NC

Passco Companies, a privately-held California-based real estate company that specializes in the investment, acquisition, development, and management of commercial properties throughout the U.S., has...

Greystar appoints new senior director of development for San Francisco and the East Bay

Greystar, a global leader in the development, investment, and management of multifamily housing, has recently expanded its Northern California team with the addition of...

Pinnacle Contracting, Inc. selected by Pier Property Group as construction manager for $9 million...

Pinnacle Contracting, Inc. has been tapped by St. Louis-based developer Pier Property Group to execute the historic renovation of the Steelcote Manufacturing Company Paint...

253-unit value-add multifamily asset sells in Salt Lake City

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Country Lake Apartments, a 256-unit multifamily property in Salt Lake...

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