L5 Investments Buys Suburban Seattle Property for $15M
Montrose Apartment Community in Burien, Wash., includes 97 units, a fitness center, a pool and a playground.
ND Student Housing Nears Completion
The Bridges, which is being developed by PROffutt and will be managed by Greystar Student Living, will include 364 beds and serve the students of North Dakota State University of Agriculture and Applied Sciences.
LGBT-Affirming Senior Housing Community Opens in San Diego
Among the first of its kind in the nation, North Park Seniors includes 76 affordable apartments and 118 market-rate units, as well as shared amenities and on-site supportive services.
Brack Capital Completes NYC Condos
Designed by Gottesman Architecture and GSArch, former print house 90 Morton Residences includes 35 units, a private car drop-off, a cold storage room and an indoor pool.
JV Scores ’80s-Vintage Phoenix Apartments for $27M
L5 Investments, MLA Properties and BH Equities picked up the 360-unit Cielo Apartments and plan to invest $4.2 million in capital improvements.
JV Starts Work on Miami Micro Apartments
Related Group and Block Capital Group broke ground on The Bradley, which includes 175 units ranging from 480 to 1,000 square feet.
Investor Buys Chicago Condos, Plans Conversion
Beal Properties acquired the 117-unit asset for $30 million from Wellington Place Condominium Association.
Canadian Investor Acquires Phoenix-Area Property
Western Wealth Capital secured the 256-unit Greentree Place in Chandler from GP Chandler Investco. The community includes a pool, a playground and a tennis court.
Demmon Partners Snaps Up Sacramento Asset for $33M
Walker & Dunlop provided nearly $15.9 million in Fannie Mae financing for the acquisition of the five-story community, which comprises 50 one- and two- bedroom units.
Blue Magma Acquires 3 Atlanta-Area Properties
The company, together with Rosdev Group, secured the 918-unit portfolio for $44.4 million and plans to renovate the communities.