Ventless Fireplaces

HearthCabinet Unveils Chimneyless Fireplace

The manufacturer’s free-standing fireplaces do not require a flue, gas, electricity or chimney and incorporate a safety system that prevents accidental contact with the flame.

Fully Affordable Portfolio Trades in OH

Independent Management Services purchased Shelton Gardens and Reids Valley View Manor for $4.8 million. The two assets have 254 units combined.

Deerbrook

NC Community Changes Hands for $14M

Tribute Properties sold the 152-unit garden-style property to Cohen Investment Group. Deerbrook is spread across 18 buildings and is located in Wilmington, N.C.

Park Texas

Houston Community Receives $26M Loan

Park Texas Apartments’ 587 units spread across 51 two-story buildings. The garden-style community is undergoing extensive capital improvements, following damage caused by Hurricane Ike.

Haas Aluminum 360 Series

Haas Door Expands Aluminum Garage Door Series

Residential Aluminum 360’s new impact-resistant glazing meets design requirements for high-wind areas.

Haven at Lakes of 610

American Landmark Acquires 282-Unit Houston Community

The Class A asset located in the South Main area is next to Interstate 610 and came online last year.

Willogrove

The Snavely Group Buys 32-Building Cleveland Asset

Willogrove encompasses 384 units and is located in the city’s Willoughby submarket. The sale involved a $21.4 million loan held by First National Bank of Pennsylvania.

The Landings at River Market

Downtown KC Community Changes Hands

The Landings at River Market encompasses 141 units and is located in the city’s River Market neighborhood. The previous owner upgraded nearly half of the units.

Retreat at Shadow Creek Ranch

Inland Private Capital Sells Houston-Area Community

Goldman Sachs Asset Management Private Real Estate purchased the asset in a transaction that involved a $28.8 million loan held by TIAA.

Sierra Ridge Apartments

Sterling Real Estate Partners Expands TX Footprint

The company is set to implement a value-add strategy on its multifamily purchase, including improving amenities, enhancing curb appeal and correcting deferred maintenance.