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TODAY’S DEALS: Security Properties Grabs 192-Units in Las Vegas

TODAY’S DEALS: Security Properties Grabs 192-Units in Las Vegas

Security Properties enters Las Vegas with a $23 million apartment purchase; Marcus & Millichap brokers a $3.5 million rehab sale in St. Petersburg, Fla.; and Red Capital signs a $10.1 million FHA 223(f) loan with ReBuild America to preserve affordable housing. …

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Bernards Finishes Construction on BRE’s Wilshire La Brea in Los Angeles

Bernards Finishes Construction on BRE’s Wilshire La Brea in Los Angeles

Bernards has announced the completion of the $105 million Wilshire La Brea mixed-use development located in Los Angeles’ Mid-City neighborhood. The property was developed by San Francisco Based BRE Properties, which will also manage the rental community.…

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New Student Housing in Savannah Nears Completion

New Student Housing in Savannah Nears Completion

The Hue, a new-construction student housing property developed by St. Petersburg, Fla.-based University Housing Services, is approaching completion in time for the next school semester in September.…

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Prism Capital Partners Adds Resident-Only Store to NJ MF Development

Prism Capital Partners Adds Resident-Only Store to NJ MF Development

As a special amenity for its residents, Prism Capital Partners has opened a convenience store in its newly opened Parkway Lofts, a 361-apartment multifamily that was redeveloped from a century-old landmark of a six-story warehouse.…

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Economy Watch: New Homes Sales Dip Unexpectedly

Economy Watch: New Homes Sales Dip Unexpectedly

Sales of new single-family housing came in at an annualized rate of 384,000 units in March, according to the Census Bureau.…

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Apartments and the International Investor

Apartments and the International Investor

While apartments were relatively unknown as an investment class in the 1980s, risk-return characteristics have proven solid overtime, and now everyone wants a piece of the North American multifamily market.…

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Chozick Realty Brokers 96-Unit Student-Oriented Community Near UConn

Chozick Realty Brokers 96-Unit Student-Oriented Community Near UConn

Chozick Realty announced that it has brokered the sale of the 96-unit Orchard Acres Apartments community located near the University of Connecticut in Storrs, Conn.…

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Grand Peaks Begins Work on Denver-Area TOD

Grand Peaks Begins Work on Denver-Area TOD

Construction is under way on Elevation at County Line Station, a 265-unit apartment property in Englewood, Colo.…

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TODAY’S DEALS: Hayman Buys 1,002-Units in Ann Arbor

TODAY’S DEALS: Hayman Buys 1,002-Units in Ann Arbor

Hayman Company buys two adjacent apartment assets in Michigan; NorthMarq closes a $30 million construction loan; and HFF closes sale of, and secures financing for, AEW, Marquette’s Chicago property. …

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Wood Partners to Build 2 Washington in Boston Suburb

Wood Partners to Build 2 Washington in Boston Suburb

A 94-unit apartment community named 2 Washington, to be developed by Wood Partners, is planned for Melrose, Mass., a Boston suburb. …

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Economy Watch: Existing Home Sales Edge Down in March

Economy Watch: Existing Home Sales Edge Down in March

The National Association of Realtors reported that total existing U.S. home sales dropped 0.2 percent to an annualized rate of 4.59 million units in March, compared with 4.6 million in February.…

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CHW to Break Ground on Green Affordable Housing Community in Vista, Calif.

CHW to Break Ground on Green Affordable Housing Community in Vista, Calif.

Community HousingWorks will hold a ground breaking ceremony to kick off construction on its latest development, North Santa Fe Apartments.…

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