Hunt Mortgage Secures $17M for 3 CA Properties
The communities, all in Bakersfield, include 200-unit Village Lane Apartments, 46-unit River Oaks Apartments and 224-unit Park Villa Apartments.
PCS Development Completes AZ Community
The Premiere at Dana Park in Mesa includes 198 units and a Crossfit studio, a putting green and self-service mail kiosks.
Facade Work Completed on Historic NYC Building
54 Bond Street is a 1870s, corner cast-iron building in the French Second Empire style, and is located in the Bowery neighborhood.
Investors Obtain $35M for AZ Acquisition
Western Wealth Capital secured the 360-unit Autumn Creek Apartments in Chandler. The property is currently 95 percent occupied.
Michigan Investor Buys Toledo Apartments
Jamestown Apartments 17 has obtained acquisition financing to buy the Jamestown of Toledo Apartments in Toledo, Ohio.
Economy Watch: Declining US Birth Rate to Impact CRE
While the effects might not be felt for a few decades, a prolonged U.S. birth rate slump is likely to put a damper on demand for certain kinds of real estate, particularly rental apartments.
Greysteel Facilitates VA Apartment Acquisition
Merrimac Gardens, a 216-unit property in Portsmouth, includes a swimming pool, off-street parking and on-site laundry facilities.
Mill Creek Starts Work on Denver Apartments
Modera West Wash Park, a 241-unit community in the Washington Park neighborhood, will include a dog wash, bike storage and reserved parking.
8-Property ID Student Housing Portfolio Trades Hands
Marcus & Millichap secured the buyer and seller for the Rexburg properties, which are all near Brigham Young University-Idaho and include a total of 1,546 beds.
Lincoln Property Secures $96M for VA Asset
The 403-unit Meridian at Carlyle in Alexandria will be rebranded as Lincoln at Old Town and includes a putting green, a billiards room and on-site dry cleaning.