Business Specialties
Weitz Co. Completes Phase I of Fort Des Moines Adaptive Reuse
Blackbird Investments’ property, which was the site of the training of the first African American officers commissioned into the U.S. Army, will include 142 units when completed.
Marcus & Millichap Facilitates Southern CA Sales via 1031 Exchanges
Located in Anaheim and Oceanside, the four communities changed hands for $67.7 million combined. Tyler Leeson and Drew Holden represented the sellers and also procured the buyers.
Dominium Secures $96M for Twin Cities Affordable Housing
When completed, the former Weyerhaeuser lumber site in St. Paul, Minn., will include 241 units for seniors and 121 units for families.
Security Properties Nabs Puget Sound Apartments for $54M
The company, along with a university endowment, purchased Marq on Martin, a 248-unit property in Lacey, Wash.
Top 4 Multifamily Interior Design Trends
With the increase in home décor/renovation shows and influencers on social media, more people are being exposed to high-end design, which is what they are expecting in multifamily communities.
Stantec Breaks Ground on Tampa-Area Luxury Condos
The 400,000-square-foot BLVD tower was developed by Core Development and will comprise 49 units. Amenities will include a wine cellar, a rooftop pool and an outdoor summer kitchen.
HUD Approves $5B State Action Plan for Harvey
The Texas General Land Office will directly administer and oversee the programs associated with the Community Development Block Grant – Disaster Recovery funds.
US Multifamily Supply & Demand Forecasts by Metro
Some of the top 30 U.S. metros over the next five years might be at risk of oversupply—while others might need new units.
Greystar JV to Expand London Student Housing Portfolio
The firm has partnered in a $461.6 million equity investment strategy along with PSP Investments of Canada and Allianz Real Estate to grow Chapter. The joint venture plans to add 10,000 beds in the next five years.
Dougherty Funding Lands $31M Financing
625 Development will consist of 122 apartments, two parking ramps and a 3,000-square-foot retail space. Reuter Walton Development serves as the general contractor.