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Carroll Organization Acquires West Palm Beach Apartments

Carroll Organization Acquires West Palm Beach Apartments

Carroll Organization, in a joint venture with Blue Mountain Capital, has acquired Resort at Laguna Lakes in West Palm Beach, an 812-unit property developed during the 2000s. The company plans to rebrand the apartments and manage them itself.…

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TODAY’S DEALS: Bascom, Oaktree Close Seventh Acquisition with Nevada Buy

TODAY’S DEALS: Bascom, Oaktree Close Seventh Acquisition with Nevada Buy

Bascom bets on a recovering Las Vegas market; Milestone Apartments REIT grabs 303 units in Orlando; and Mortgage Equicap arranges a construction loan for an 80-unit building. …

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161-Unit Boston-Area Community Sold

161-Unit Boston-Area Community Sold

Jefferson at Admiral’s Hill, a 161-unit Chelsea, Mass., apartment community, has been sold by CBRE/New England’s Capital Markets team.…

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Joint Venture Transforming Commercial Site to Luxury Apartment Community

Joint Venture Transforming Commercial Site to Luxury Apartment Community

A joint venture is bringing a modern, luxurious multifamily property to Orange, Calif.…

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Economy Watch: Home Price Appreciation Stabilizes

Economy Watch: Home Price Appreciation Stabilizes

It's fairly clear now that U.S. home prices have stabilized into a pattern of modest appreciation: ahead of inflation, which isn't that hard to do, but nowhere near a bubble. …

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TODAY’S DEALS: Kushner Cos. Acquires New York Walk-Up Portfolio for $131.5M

TODAY’S DEALS: Kushner Cos. Acquires New York Walk-Up Portfolio for $131.5M

Kushner Companies closes on the acquisition of a 16-building, 291-unit portfolio of Manhattan and Brooklyn multifamily walk-up properties; and HFF secures financing for a property near the University of Houston. …

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Waterton Acquires Orlando Apartments

Waterton Acquires Orlando Apartments

Waterton Associates has acquired Promenade Crossing, a 212-unit garden-style apartment community about three miles northeast of downtown Orlando.…

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New Partnership Investing $20M in Affordable Housing in California

New Partnership Investing $20M in Affordable Housing in California

The Community Development Trust, a national private real estate investment trust, has announced a partnership with TIAA-CREF, a national financial services organization, to invest in affordable housing in California.…

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The Appeal of a Close Purpose-Built Student Housing Community

The Appeal of a Close Purpose-Built Student Housing Community

Campus Advantage and Pinecrest Partners have joined together to develop The Knox, a 101-unit, 382-bed community that will serve students attending the University of Tennessee, Knoxville.…

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Economy Watch: Real Estate Markets Benefit from Boost in Engineering Jobs

Economy Watch: Real Estate Markets Benefit from Boost in Engineering Jobs

The missing piece of the puzzle for full economy recovery is still higher wages across most sectors of the economy. …

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Vitus Group Finishes Affordable Housing Rehab in San Diego

Vitus Group Finishes Affordable Housing Rehab in San Diego

Vitus Group has completed its renovation of the 448-unit Meadowbrook Apartments in San Diego’s Skyline neighborhood.…

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TODAY’S DEALS: Greystar Adds Boston Area Asset to Portfolio

TODAY’S DEALS: Greystar Adds Boston Area Asset to Portfolio

CBRE/New England brokers a sale outside Boston; NGKF provides AION Partners with Florida financing; and a joint venture between Bascom and Oaktree buys an apartment community in Nevada. …

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