Business Specialties
Allied Orion to Manage Colorado Springs Apartments
Etkin Johnson Real Estate Partners expects construction of the Class A luxury property to be complete in October 2019.
POAH Acquires Columbus-Area Multifamily Portfolio
The deal included Waggoner Grove, a partially affordable Class B suburban community with 175 units, and 50 condominiums in the area.
LA Apartments Buys San Fernando Valley Community
The firm has expanded its portfolio with the addition of a 100-unit property located in Pacoima, some 20 miles from downtown Los Angeles.
Tampa-Area Value-Add Community Sells for $18M
The 143-unit multifamily asset traded for almost double the price it sold in 2012. The new owner intends to upgrade and reposition the Class B property.
AMLI Report: Most Renters Worry About Climate Change
The company’s annual survey also found that Millennial residents are the most willing to pay for green features.
South Florida Community Trades for $59M
Bell Partners acquired Overlook Pointe, a 249-unit, Class A apartment asset located less than 5 miles from downtown Boca Raton.
Freddie Mac Foresees 4 Percent Rent Growth in 2019
The GSE’s midyear outlook finds that the industry is still struggling to build enough multifamily units for a housing-hungry nation, despite elevated construction starts.
JV Lands $43M Refi for Jersey City Project
Working on behalf of The Hampshire Cos., Claremont Cos. and Circle Squared Alternative Investments, JLL secured the loan for a mixed-use development in the center of Jersey City’s emerging University Place neighborhood.
Riverpoint Partners Buys Raleigh Property for $11M
The firm has expanded its footprint with the acquisition of a 56-unit, boutique community located within less than 1 mile of the city’s downtown.
Top States for Green Multifamily Certification
A new report from the U.S. Green Building Council found that LEED certification for single and multifamily homes has grown significantly in the past two years.