Block Funds Acquires Luxury Community in Lewisville, Texas
Block Funds has announced that it has acquired Bella Madera, a 612-unit, Class A luxury apartment community in Lewisville, Texas, near State Highway 121 and Interstate 35E.
Vitus Group Acquires San Diego Affordable Housing Community
The Vitus Group announced that it has acquired Meadowbrook Apartments in San Diego and has plans to perform a $17 million renovation on the affordable housing community.
Winthrop Realty Trust Closes on a Quartet of Class A Properties
Winthrop Realty and Trust has announced the acquisition of four Class A luxury apartment buildings that have been built to condominium specifications for an aggregate purchase price of $246 million.
Mack-Cali, Roseland Open RiverTrace at Port Imperial
Mack-Cali Realty Corporation and Roseland recently celebrated the opening of RiverTrace at Port Imperial rental community.
Clarion Acquires Student Housing Near University of Arizona
Clarion Partners has announced the acquisition of the 183-unit student housing community, Retreat at Tucson, which serves the student population of the nearby University of Arizona.
Hakimian’s 75 Wall Condos Setting the Pace for FiDi Sales
The Hakimian Organization announced that the sales total for October has exceeded $17 million through 12 transactions at its 75 Wall community atop the Andaz Wall Street Hotel in New York.
Altman Companies Set to Begin Construction of 239-Unit Mixed-Use Community
The Altman Companies has acquired 10-acres in the Westchase area of Tampa and intends to immediately start the construction of a 239-unit mixed-use community, the Altis at Highland Park, with hopes of delivering the first units by July of next year.
Centerline Closes Choice Loan for Westwood Apartment Refinance
New York-based Centerline Capital Group has closed a $5.6 million Fannie Mae Choice Loan to refinance Sharon Towers Apartments in Los Angeles’ upscale Westwood neighborhood.
Crescent Communities, Southern Apartment Group Begin Construction on 296-Unit Charlotte Community
Crescent Communities and partner Southern Apartments Group have begun construction on a 296-unit mixed-use building in Charlotte’s historic Dilworth neighborhood.
Crescent Heights Acquires The Strand in Record-Breaking Jacksonville, Fla., Sale
The CBRE Jacksonville Multi-housing Group has brokered the sale of The Strand, a 295-unit waterfront high-rise apartment building in Jacksonville’s Southbank District to Miami-based Crescent Heights for a record breaking $53.3 million.