Business Specialties
NJ Condos Receive New Management
The property, which includes 300 one- and two-bedroom condominium units across 19 buildings, features community amenities including swimming pools and tennis courts.
Passco Acquires 240-Unit AL Community
ARIUM HomePlace, a 240-unit luxury property in the Prattville submarket, will be rebranded as The Meadows at HomePlace, reflecting its location in the master-planned Homeplace community.
Harrison Street Snags German Student Housing Portfolio
The company purchased 1,000 units in cities throughout the country from MPC Capital AG, which will continue to manage the STAYTOO-branded properties.
Real Estate Takes on Drone Technology
With potential applications in marketing, site management and logisitics, drones are slowly but steadily gaining ground in the real estate industry.
Blackfin, Capital Solutions Buy NC Asset for $28M
Westborough Apartments in Greensboro is a 502-unit, garden-style community built in 1972. Amenities include a fitness center, playground and dog park.
Skanska Wins $170M CA Contract
The firm is slated to erect two San Francisco communities containing nearly 600 units, which will serve the students of the University of California.
Integrity Working on Affordable Housing in Ventura
Riverside Apartments will feature 23 units and will incorporate sustainable construction best practices. The project is being developed in partnership with MW Development.
AvalonBay Sells New Haven Community for $33M
Inland Real Estate Acquisitions LLC will rebrand the newly purchased, 99-unit community in Shelton, Conn., to Huntington Townhomes.
IEC Buys OC Community for $134M
The acquisition of the 400-unit, value-add multifamily community was on behalf of IEC Institutional Fund III LP, a fully discretionary, $200 million commingled fund.
Boston’s Bulfinch Crossing Lands $250M in Financing
HFF arranged a construction loan for the 46-story residential tower at Bulfinch Crossing, which is set to become the tallest rental community in Boston.