Archive for April 2016
Glemont Capital Adds Two Student Housing Communities to South Bend Portfolio
Berkadia facilitated Prime Property Investors’ sale of Clover Village and Clover Ridge, located near the University of Notre Dame campus.
Read More‘90s Vintage Arizona Community Sells for Almost $9M
Walika Properties has acquired the 161-unit property, which features six two- and three-story buildings on approximately 4.86 acres.
Read MoreEconomy Watch: FOMC Stands Pat Again
The Federal Open Market Committee declined to adjust the federal funds rate.
Read More735-unit Tampa Area Bay Multifamily Portfolio Changes Hands
The bidding process for the five rentable properties located in Tampa, Brandon and Bradenton was very competitive. Marcus & Millichap mediated the transaction.
Read MoreDenver Community Trades Hands in Low-Vacancy Market
The 48-unit property was acquired for $5.6 million.
Read MoreClarion, Taconic Snag $110M for Bronx Apartment Refi
Capital One provided the loan to refinance the massive Eastchester Heights Apartments.
Read MoreAltis Sand Lake Becomes Orlando’s Largest Green Certified Community
The community saves enough energy to power 41 homes yearly, saves enough water to fill 60 swimming pools a year and diverts 159 tons of waste from landfills annually.
Read MoreEconomy Watch: Consumer Confidence Drops Modestly
The Conference Board reported that its Consumer Confidence Index declined moderately in April.
Read MoreLow-Income Community Opens in Cambridge, Mass.
The 40-unit Temple Place Apartments was built by the Cambridge Housing Authority and designed by HMFH Architects.
Read MoreSecurity Properties JV Buys Downtown Nashville Apartments
A joint venture between Security Properties and Loma Linda University paid $53.7 million to acquire the Opus 29 and Note 16 multifamily properties in downtown Nashville.
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