Evelyn is a creative writer covering commercial real estate trends and insights in the U.S. Evelyn was previously a senior associate editor at Multi-Housing News and Commercial Property Executive. She has an academic background in Journalism and Irish Studies. Evelyn has been covering the CRE industry since 2017. Reach her via email.
Silicon Valley Community Sells for $17M
A Northern California-based development company sold the property to a private investor. The 32-unit community is situated in Palo Alto, Calif.
Tampa-Area Property Sells for $47M
Independence Realty Trust has expanded its portfolio with Lucerne, a 276-unit community located in Brandon, Fla., about 10 miles from downtown Tampa.
Strategic Property Partners Breaks Ground on Tampa Building
The firm has kicked off the construction of 815 Water Street, a 420-unit two-tower community. The construction marks the first residential building of the Water Street Tampa project.
Olympus Property Adds OC Community to Its Portfolio
360 Residential sold the recently completed 280-unit, boutique-style, luxury development located in Irvine, Calif., approximately 3 miles from John Wayne International Airport.
Greystar Opens Luxury Community in FL
The company has added 286 units to its portfolio. The property is located in the Rosemary District of Sarasota, Fla.
Tampa: A Must-Have for Real Estate Portfolios
Steve Patterson of Related Development reveals to MHN all the reasons why the metro is a winning bet. The CEO touches on the current multifamily landscape and also shares his predictions about how the real estate market here is going to evolve.
LA Luxury Community Receives $153M Financing
Walker & Dunlop structured the construction financing for the development of a 364-unit property located in Koreatown, just off Wilshire Boulevard and approximately 4 miles from downtown Los Angeles.
LA Luxury Community Receives $25M Financing
Wilshire Skyline has received the loan for the acquisition of the newly developed The Line Lofts located in Hollywood, Calif.
Stepp Arranges Sale of Santa Monica Community
The community sold for a total of $4.3 million at a 3.7 percent cap rate. Stepp Commercial represented both parties in the deal.
Luxury Tower Breaks Ground in Long Beach, CA
Shoreline Gateway, a 35-story development, will be the city’s tallest community. Construction is expected to be completed by the end of 2021.