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Griffis Residential Shells out $44M for Multifamily Community in Suburban Denver

Griffis Residential Shells out $44M for Multifamily Community in Suburban Denver

Denver-based multifamily management company Griffis Residential has recently acquired the 264-unit Remington West Apartments community in Westminster, Colorado, at the cost of $44.3 million.…

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Griffis Residential Shells out $44M for Multifamily Community in Suburban Denver

Griffis Residential Shells out $44M for Multifamily Community in Suburban Denver

Denver-based multifamily management company Griffis Residential has recently acquired the 264-unit Remington West Apartments community in Westminster, Colorado, at the cost of $44.3 million.…

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Southern Lifestyle Plans 700-Unit Neighborhood Development in Greater Baton Rouge

Southern Lifestyle Plans 700-Unit Neighborhood Development in Greater Baton Rouge

The Greater Baton Rouge area is about to get more homes. About 700 more homes.…

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Southern Lifestyle Plans 700-Unit Neighborhood Development in Greater Baton Rouge

Southern Lifestyle Plans 700-Unit Neighborhood Development in Greater Baton Rouge

The Greater Baton Rouge area is about to get more homes. About 700 more homes.…

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Southern Lifestyle Plans 700-Unit Neighborhood Development in Greater Baton Rouge

Southern Lifestyle Plans 700-Unit Neighborhood Development in Greater Baton Rouge

The Greater Baton Rouge area is about to get more homes. About 700 more homes.…

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TODAY’S DEALS: Grandbridge Facilitates Non-Recourse Bridge Loan

TODAY’S DEALS: Grandbridge Facilitates Non-Recourse Bridge Loan

Grandbridge Real Estate Capital completes a fixed-rate non-recourse loan secured by Thunderbird Retirement Resort; and R3 Funding closes a fifth funding deal in Rochester in the past year.…

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Associa Brings Its Community Management Services to Tucson

Associa Brings Its Community Management Services to Tucson

Community association management firm Associa has recently introduced Associa Arizona by opening its newest location in Tucson, on January 26.…

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Carmike Cinemas Breaks Ground on 12-Screen Movie Theater at Las Estancias Development

Carmike Cinemas Breaks Ground on 12-Screen Movie Theater at Las Estancias Development

Southwest Albuquerque has broken ground on a 12-screen movie theater at the new Las Estancias, a 79 acre development near Rio Bravo and Coors. This marks the entrance in a new era as it represents the first time in over five decades when the South Valley is getting the chance…

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Coastal Construction Group to Build 25-Story South Tower for Condo Project

Coastal Construction Group to Build 25-Story South Tower for Condo Project

The same contractor will be in charge of construction at the second tower of the Marina Palms Yacht Club & Residences condo project that was assigned to build the first one back in 2013, according to the developers.…

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Stearns Weaver Miller Expands HQ, Signs Record Lease

Stearns Weaver Miller Expands HQ, Signs Record Lease

Continental Real Estate Companies has landed the largest lease of 2014 in Miami’s Central Business District. Stearns Weaver Miller renewed its contract at Museum Tower for 10 years and expanded the footprint of its headquarters by 7,000 square feet. The law firm now occupies 110,000 square feet in the Class-A…

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Teagan Development to Redevelop Historic Industrial Complex in Indianapolis

Teagan Development to Redevelop Historic Industrial Complex in Indianapolis

A vacant portion of a massive industrial property at 1125 Brookside Avenue in downtown Indianapolis could soon be converted into a mixed-use structure with retail, restaurant and small manufacturing space.…

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Ashford Hospitality Trust Buys Memphis Marriott East Hotel for $43.5M

Ashford Hospitality Trust Buys Memphis Marriott East Hotel for $43.5M

By Liviu Oltean, Associate Editor Ashford Hospitality Trust Inc. signed a definitive agreement to purchase the 232-room Memphis Marriott East Hotel for $43.5 million or $187,500 per room. According to an official statement, the acquisition price represents a trailing 12-month cap rate of 7.6 percent on net operating income. “This…

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