Business Specialties
Affordable Bay Area Project Breaks Ground
KTGY Architecture + Planning and EAH Housing have begun the construction of Estrella Vista, a $64 million, 86-unit, mixed-use development in Emeryville, Calif.
Invesco Expands Portfolio With MA Buy
CBRE/NE represented the seller and procured the buyer. The property is three blocks away from Nantasket Beach and offers easy access to the South Shore.
Phoenix Luxury Condo Tower Approaches Full Occupancy
Optima Kierland will welcome its first residents in 2018. The upscale community is situated at the intersection of Scottsdale Road and Kierland Boulevard. Home prices start from $300,000.
Denver-Area Community Nets $11M Loan
Constructed in 1968 and renovated in 2016, the property is centrally located in Boulder, near the University of Colorado campus and other large employers.
5 Trends in Multifamily Investing for 2018
If you’re an investor, there will be a few surprises and some changes you should be prepared for, according to Karlin Conklin, vice president of private equity at Investor’s Management Group and principal at IMG Northwest.
North American Properties Completes Luxury TN Property
Emblem, located in Franklin, is a four-story community with 361 units that offers amenities such as a fitness center, grilling stations, conference room and Internet cafe.
CAPREIT Snags $48M Memphis Property
The company plans to renovate 1,002-unit Madison Cypress Lakes community, including exterior upgrades and a new clubhouse.
MG Properties Acquires $58M Vegas Community
The company purchased the 432-unit Bristol at Sunset from Kennedy Wilson. CBRE arranged a $39.4 million acquisition loan through Fannie Mae on behalf of MG Properties Group.
Tackling the Affordable Housing Crisis
A panel of industry veterans offered a sober assessment and strategies for progress at the Institute of Real Estate Management’s annual summit in Chicago.
On the Market: 5 Interesting Listings for the Week of 10/9
This week’s listings feature a renovated 1926-built property in Jacksonville, Fla., and a well-located duplex in Los Angeles.