Elandis Acquires Houston Properties for $50M
This acquisition expands the company’s portfolio of owned and managed residential units to 2,500.
Mark Twain Hotel to be Preserved as Residences
The NHP Foundation acquired the property on Chicago’s North Side and will preserve it as affordable apartments.
Economy Watch: Beige Book Reports Expanding Construction and Real Estate Activity
The Federal Reserve published its compendium of anecdotal information about the condition of the economy.
CIM Group Finishes Apartment Tower at Chicago’s Block 37
The community is one of the largest newly constructed residential buildings in the city.
S2 Capital Acquires DFW Apartments in Auction
The company bought the apartments at a live auction in Houston out of a 23-property portfolio that had been through bankruptcy proceedings multiple times the previous five years.
Turner Multifamily Impact Fund Makes Four More Acquisitions
The latest purchase expands the fund’s total portfolio to nearly 2,500 units.
Report Finds Gender Gap in Home Values Among Single Men and Women
RealtyTrac explores gender discrepancy in home-ownership rates.
Economy Watch: Fast-Casual Restaurants Will Lead Retail Growth
Led by franchise and fast-casual restaurant chains, North American retail growth into 2017 will be overwhelmingly driven by discount.
Three Student-Focused Apartments in Florida Refinanced for $22M
Combined, the properties total 114 units and 157,000 square feet.
Washington REIT Acquires Alexandria Apartments for $224M
The community consists of 1,222 units and has the potential for more development.