JV Nabs 300-Unit Orlando Property

Robbins Property Associates and LEM acquired Art Avenue, which spreads across 11 buildings and features a business center, a swimming pool and 350 parking spaces.

Community Preservation Partners Buys Richmond Affordable Community

The company plans to rebrand the 216-unit Midlothian Village Apartments as The Belt Atlantic and invest $9.7 million into the property’s renovation.

Broan Launches New Recessed-Lighting System

The company offers two new products that disappear into the ceiling. The 744 features a 75-watt PAR bulb, while the 744SFL features an Energy Star-certified automatic ventilator.

CAPREIT Sells 112-Unit Minneapolis Community

Built in 2005, the 112-unit Minneapolis Grand comprises two four-story buildings featuring a club room, a fitness center and 130 parking spaces.

Keener Investments Buys Houston-Area Community

Situated within the Kingwood master-planned community, Elm Grove Apartments is two-story property comprising a total of 122,300 rentable square feet.

Developers Break Ground on Atlanta-Area Luxury Community

Located at the intersection of Newnan Crossing Boulevard East and Lower Fayetteville Road, the property will feature studio, one-, two- and three-bedroom units.

Airthings Presents First IAQ Radon System

The company recently introduced Wave Plus, an easy-to-use Android- and iOS-compatible device that delivers data analytics, which not only help prevent indoor air hazards but also reduce energy costs.

FCP Expands Florida Portfolio

Situated in the Lauderhill submarket, Summit Palms features one- to three-bedroom units across four buildings. Avesta currently manages the asset.

Olympus Property Buys SLC Community

Situated in one of Utah’s fastest-growing submarkets, Crossing at Daybreak features a mix one-, two-bedroom and three-bedroom units. The property will be rebranded.

Orlando Community Lands $40M Refi

Built in two phases from 1989 to 1991, Advenir at The Oaks features one-, two- and three-bedroom apartments and a total of 373,328 rentable square feet.