Greystar Sheds UCF Research Park Area Community
The 280-unit GrandeVille at River Place, a Class A garden-style value-add community in the UCF – Research Park Corridor was sold recently in a transaction mediated by ARA, A Newmark Company.
Federal vs. State: Recreational and Medicinal Marijuana
Morgan A. Stewart, partner at Manly, Stewart & Finaldi, took some time at this year’s NMHC OpTech conference to talk about the legalization of marijuana and the impact on the multifamily industry.
Perkins Eastman’s The Tower at MorseLife Breaks Ground
Perkins Eastman announced the groundbreaking ceremony of The Tower, a 10-story 300,000-square-foot tower in West Palm Beach.
Special OpTech Report: Airbnb and The Future of Leases
Jaja Jackson, head of Landlord Partnerships at Airbnb, addressed owners’ concerns at this year’s NMHC OpTech conference.
The Future of Self-Service Apartments
Experts in the multifamily industry talked about the evolving DIY culture and self-service apartments at this year’s NMHC OpTech conference.
Marcus & Millichap Arranges $7.1M Multifamily Las Vegas Sale
The selling price equates to more than $45,500 per unit.
MHA Arranges Sale of Lake Norman Property
Multi Housing Advisors has arranged the sale of The Reserve at Kenton Place for $33.7 million. The Class A property was built in 2014 and is comprised of 210 units.
Walker & Dunlop Settle Loans with $256M Portfolio
Walker & Dunlop announced it closed eight Freddie Mac loans totaling $256 million, secured by a portfolio of market rate properties in Florida, Georgia, North Carolina and Texas.
Transactions: October 2015
A featured list of transactions that were announced between 6/26/15 – 7/29/15.
Market Pulse for October 2015
Commentary and data were supplied by Michael Neal, a senior economist with the National Association of Home Builders (NAHB).