Business Specialties
Western Wealth Bullish on Phoenix, Adds 146 More Units
The Canadian firm has added another asset to its Phoenix portfolio. Connect on Union is situated near Loop 101 and was 95.9 percent occupied as of June 2018.
29th Street Capital Buys First SLC-Area Community
The company plans to invest approximately $10,000 per apartment to update Twin Trees Apartments’ 43 units and enhance the property’s exterior.
Goodman Real Estate Buys WA Property for $32M
Colliers brokered the sale of the apartment community, which encompasses 216 units in six buildings. The 1985-built property was recently renovated.
Quad Property Group Enters SC Multifamily Market
The company plans to invest in extensive renovations of Grandeagle’s 152 units and amenities.
Greysteel Brokers 208-Unit TX Property
Doug Banerjee, Boyan Radic, Andrew Mueller, Andrew Hanson and Jack Stone closed the deal on behalf of the seller.
PGIM’s 2018 Mid-Year Multifamily Outlook
Real Estate Finance Managing Director Mike McRoberts offers a forecast for the sector in an exclusive video interview with MHN.
Atlantic | Pacific Cos. Expands GA Footprint
The Pointe at Preston Ridge in Alpharetta marks the firm’s 21st owned and managed community within the Atlanta metro, bringing its total to nearly 5,500 units.
Straight Designs to Renovate CA Community
The company is updating the Greystar-owned Avana Rancho Cucamonga by converting the sport court to an amenity deck, among other upgrades.
Trammell Crow Breaks Ground on Metro Denver Mixed-Use Project
The Boulder development will include 250 market-rate apartments, 85 affordable units and retail space. A partnership between Allison Management and Koelbel and Co. will develop and own the affordable segment.
Delancey Street Associates Opens NYC Condos
The 55-unit building called 242 Broome is within the Essex Crossing development on Manhattan’s Lower East Side and includes a formal dining area, a children’s lounge and a furnished rooftop.