Kaplan-Morgan JV Announces Plans for One City Walk in Sandy Springs, Ga.
Kaplan Residential and George S. Morgan Development Company Inc. announce plans to build a luxury mid-rise, mixed-use community in the master planned development known as City Center in Sandy Springs, Ga.
Developer Confidence Slides in Fourth Quarter 2013
The National Association of Home Builders found that developer confidence slipped in the fourth quarter of 2013, citing a four-point drop to 50 in its Multifamily Production Index (MPI).
Jones Lang LaSalle Closes Sale of Nashville Community
Jones Lang LaSalle closes the sale of West End Village, a newly built Nashville community, on behalf of The Residential Group and Edge Principal Advisers.
Advenir Acquires a Sizable Community in Texas
Advenir acquires a 295-unit Class A community in Mesquite from Virtu Investments.
JB Matteson Acquires Second North Bay Property
JB Matteson Inc. has acquired the 113-unit Rafael Town Center in San Rafael, Calif. The purchase marks the firm’s seventh acquisition in California and second in the North Bay.
Stonemark Adds Another 1,600 RADCO-Owned Units to its Portfolio
Stonemark Management has expanded its management partnership with The RADCO Cos. in a big way.
Marketing: Analyze This!
Savvy multifamily firms monitor multiple metrics to track the impact of marketing. This year, centralized data collection, leading to more efficient reporting and better-than-ever analysis capabilities, is likely to be a definitive trend.
Ground Breaks on New Supportive Housing Community in Santa Monica
The Hollywood Community Housing Corporation (HCHC) and Step Up On Second broke ground today on a supportive housing community in Santa Monica, Calif.
Greystone Coordinates Financing for Jersey City Affordable Housing Community
Greystone has solidified financing for Salem Lafayette Apartments in Jersey City. The $64.5 million Fannie Mae Multifamily Affordable Housing (MAH) funding will go toward the acquisition and rehabilitation of the affordable housing community.
Embry Partners Approved for Mixed-Use Community in San Antonio
Embrey Partners has won a zoning approval change that will allow the company to convert land in north San Antonio’s Legacy Shopping Center into a mixed-use, urban-inspired community.