Business Specialties
Interra Realty Sells 2 Chicago Assets
The buildings, which changed hands for a combined $16.5 million, are located along Broadway Avenue in the Edgewater neighborhood.
JV Completes Phase II of NJ Luxury Tower
SJP Properties, Northwestern Mutual Life Insurance Co. and PGIM Real Estate have finished work on The Modern in Fort Lee, which comprises 900 units and a bowling alley, an arcade room and an infinity pool.
Ryan Cos., Grand Living Unveil IA Senior Housing
The joint venture’ Grand Living at Bridgewater in Coralville includes 170 units, and a spa, a chapel and a salon.
Las Vegas-Area Community Lands $57M Financing
Built in 2018, Castile Apartments features 498 units across 28 buildings. Thompson Michie Communities bought the asset in April for $99.6 million.
Is the New Tax Law a Boon for Residential Rentals?
Angela Adolph, an attorney and tax law specialist, explains why the recent tax legislation gives additional appeal to renting a home, rather than buying. It’s a trend that investors should bear in mind.
Denver-Area Vintage Assets Sell for Record Price
Transwestern’s Senior Vice President Tom Wanberg and Vice President John Blackshire represented the seller in the $9.5 million deal involving two Brighton, Colo.-communities.
The Great Outdoors?
What do your residents think of your outdoor amenities and activities? MHN and Kingsley Associates partnered to find out.
CBRE Brokers $42M AZ Sale
Sonoma Ridge encompasses 240 units. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch from CBRE’s Phoenix office represented the seller in the transaction.
Ryan Cos., Grand Living Plan 2 Luxury Senior Communities in Texas
The communities include the Grand Living at Riverstone in Sugar Land and Grand Living at Georgetown. Both will have 180 units and feature an age-in-place model.
Mill Creek Residential Breaks Ground in Dallas
Modera Dallas Midtown will include 344 units and include a ride-share lounge, a coffee bar and a spin studio.