Greg Isaacson is a Senior Associate Editor with Commercial Property Executive and Multi-Housing News. He has been writing about the real estate industry in the U.S. and Asia Pacific since 2014. Connect with him on Twitter: @gregisaacson
Seattle-Area Asset Commands $18M
New Standard Equities acquired the 81-unit apartment building in Des Moines, Wash., which is almost fully occupied.
South Carolina Rental Property Changes Hands
Brick Lane and Enterprise Community Investment acquired the 622-unit property in Columbia with plans to upgrade the asset.
ClearWorth Capital Buys Texas Community
The new owner of The Palm on South Padre plans to thoroughly overhaul the 1973-built property.
Starwood Buys 21 Affordable Housing Communities
The 4,448-unit portfolio is spread across Dallas-Fort Worth, Houston and Florida and is 96 percent occupied.
Capitol Seniors Housing Opens Boston-Area Community
Stone Hill at Andover is operated by The Northbridge Cos. and features 96 units providing independent living, assisted living, and memory care.
$300M Multifamily Fund Reaches 1st Close
Atlantic | Pacific Real Estate Group and Blue Arch Advisors have scored $140 million of equity commitments for the vehicle.
Canada Launches New Affordable Housing Model
The federal government has invested $15 million in the innovative partnership that will back new projects in British Columbia and Alberta.
Tampa-Area Community Lands $29M Refi
JLL arranged the 10-year loan with Goldman Sachs for the 288-unit property in Port Richey, Fla.
Watermark Residential Scores $179M Refi
The Freddie Mac conventional loans will refinance a portfolio of four multifamily communities in Arkansas, Colorado and Texas.
A High-Tech Tool For Treating Household Food Waste
Power Knot’s LFC biodigester machines convert everything from banana peels to meat into environmentally safe wastewater through a chemical-free process.