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TODAY’S DEALS: Atlas Residential Completes Largest Orlando Apartment Acquisition Year-to-Date

TODAY’S DEALS: Atlas Residential Completes Largest Orlando Apartment Acquisition Year-to-Date

CBRE brokers the largest transaction in Orlando for 2014; ARA closes the sale of a luxury community in Palm Beach County to a joint venture between AIMS Real Estate and Carroll Organization; and Cohen Financial secures $12.6 million in joint venture equity for a Florida development.…

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Boston Capital Invests in Two Affordable Housing Properties

Boston Capital Invests in Two Affordable Housing Properties

Boston Capital reports that it has invested in the rehabilitation of two affordable multifamily properties in the eastern United States. …

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ZOM and AIG to Develop Orlando Luxury Lakefront Community

ZOM and AIG to Develop Orlando Luxury Lakefront Community

Land has been purchased in Baldwin Park, Orlando’s prestigious master planned community, for the development of a luxury lakefront community called Baldwin Harbor. …

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Pennrose Properties and C.A. Harrison Companies Open $54M MF Development in NC

Pennrose Properties and C.A. Harrison Companies Open $54M MF Development in NC

Pennrose Properties has partnered with C.A. Harrison Companies on the opening of Plant 64 Apartment Homes, a $54 million apartment community located in the heart of downtown Winston-Salem, N.C.…

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Historic Rice Apartments in Houston to be Renovated by New Owner

Historic Rice Apartments in Houston to be Renovated by New Owner

Greystar has unveiled plans to renovate the Rice Apartments in Houston. The Rice, formerly the Rice Hotel, has 308 units and was originally built in 1913 on the site of the capitol of the Republic of Texas, and a couple of previous, smaller hotels in the 19th century, which for…

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City of Miami Taps Panorama Development for EB-5 Program

City of Miami Taps Panorama Development for EB-5 Program

The City of Miami has chosen Panorama Tower, a mixed-use project with a major residential component that is currently under construction at 1011 Brickell Ave. in the Brickell district, as its first EB5-designated development. …

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Kettler to Start Construction on Crystal City Rental Property

Kettler to Start Construction on Crystal City Rental Property

Real estate development firm Kettler is moving ahead with development of an 11-story, 198-unit luxury high-rise apartment project called m.flats Crystal City in the Crystal City neighborhood of Arlington, Va.…

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Orkin Releases New Findings Regarding Pests in Apartment Homes

Orkin Releases New Findings Regarding Pests in Apartment Homes

According to a survey released by pest control company Orkin, recurring pest issues cause 60 percent of apartment renters to look for a new place to live—a finding supported by the National Apartment Association.…

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Avanti Rolling Out New Seniors Properties in Texas

Avanti Rolling Out New Seniors Properties in Texas

Avanti Senior Living is on the verge of starting work on its latest property, Avanti at Flower Mound, which is part of a series of the developments by the Woodlands-based company either recently under way or in the advanced planning stages.…

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Carroll Organization Acquires Florida Luxury Waterfront Property

Carroll Organization Acquires Florida Luxury Waterfront Property

Carroll Organization and Goldman Sachs Asset Management have acquired Mariner’s Key, a luxury waterfront apartment community situated on the Intracoastal of North Palm Beach, Fla.…

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Hanover Co. Obtains $67M Loan for Houston Apartment Tower Development

Hanover Co. Obtains $67M Loan for Houston Apartment Tower Development

Hanover Co. has secured a $67 million loan to finance Hanover Montrose, a high-rise multifamily rental property under construction at 3400 Montrose Blvd. in Houston. …

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LDG Development Breaks Ground on 433-Unit Affordable Housing Community in Austin

LDG Development Breaks Ground on 433-Unit Affordable Housing Community in Austin

LDG Development has broken ground on The Pointe at Ben White and The Villages at Ben White, a 433-unit neighborhood with garden-style apartment homes in Austin, Texas, designed for working families and those 55 and older earning 60 percent of Austin’s area media income.…

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