Economy Watch: Renters Willing to Pay More for Apartment Tech
More than three in four residents said they would pay more a package including the top three smart home amenities—security cameras, keyless entry and smart thermostats—according to a new study from property management software firm Entrata.
Silverstone Healthcare to Open Dallas Assisted Living
HarborChase of the Park Cities will feature 134 assisted living and social and educational services, medication management and housekeeping.
MWest Holdings to Renovate Historic LA Apartments
The company and GreenOak Real Estate have acquired the 132-unit Santa Fe Lofts, a historic Beaux Arts-style building in the Gallery Row District.
Atlanta Asset Trades For $58M
Broadtree Residential acquired Stone Ridge at Vinings, a 440-unit community that includes a business center, a clubhouse and tennis courts.
FCP Snaps Up Charlotte Asset for $60M
The Reserve at Providence is a 574-unit garden-style community that includes a dog park, a picnic area and three pools.
Carrfour, Green Mills Complete Miami Affordable Housing
Karis Village, an 88-unit community, includes a computer lab, a fitness center and an outdoor barbecue area.
Transwestern Investment Group, S2 Capital Acquire DFW Community
Oak Creek Apartments in Bedford, Texas, includes 464 units and is the largest Class B property in the area.
NYC Community Secures $155M Refi
RB Apartments’ Riverbank West, a 43-story high-rise in Manhattan’s Midtown West near the Hudson Yards development, includes a clubroom, a media lounge and a dining terrace.
Alliance Residential Starts Work on Charlotte Development
The company broke ground on Broadstone Bryant Park, a 345-unit property that is its first project in the city.
Fort Lauderdale Asset Secures $85M
A joint venture obtained the construction loan for 4 West Las Olas, a planned 260-unit riverfront rental community in Florida.