Business Specialties
Leasing Starts at Murray Hill Marquis Luxury Apartments
The former boutique hotel is being converted into 260 modern no-fee studio and one-bedroom apartments, with rents ranging from $2,575 to $3,450 per month.
Balfour Beatty to Develop Student Housing Project in Texas
Texas Woman’s University’s project will house up to 875 students and will feature approximately 30,000 square feet of dining space, beside classrooms, fitness center, exploratory learning and recreation space.
Greystone Scores $36M for DE Deal
The company worked with Fannie Mae and New York Mortgage Trust Inc. to secure financing for Concordia Properties, which purchased Autumn Park, a 360-unit community.
Senior Living Merges Tech with 5 Senses
Communities for older residents are finding creative ways to incorporate technology. Dean Maddalena, president of Texas-based studioSIX5, explains the benefits of providing these properties with the latest devices.
Passco Trades Remaining Interest in KS Property for $48M
The company sold The Village at Lionsgate, a 360-unit community in the Kansas City MSA. Mac Crowther, vice chairman at ARA Newmark’s Kansas City office, represented both parties in this transaction.
ForBrandStore: Multifamily Marketing Made Easy
ForRent.com debuted ForBrandStore.com to streamline the process of purchasing branded goods for promotional needs.
Boutique Project Hits SoMa
Developed by Align Real Estate and managed by Alliance Residential Co., 923 Folsom brings 115 residences to the San Francisco neighborhood.
Cush & Wake Closes Sonoma County Residential Development Sale
Blackpoint Management nabbed a fully entitled site approved for 90 units in Rohnert Park, Calif. Cushman & Wakefield advised Aldridge Development on the $3.6 million sale.
Investment Strategies: Real Estate Gets Hyperlocal
Real estate is moving from local to hyperlocal as big names in the industry team up with local investors and brokers for their sales expertise. Leadkit’s JJ Imbeaux discusses the trend of “small batch” and “craft” culture and what it means for the real estate industry.
LA Community Wins 1st WELL Multifamily Certification
Operated by Proper Hospitality, the 200-unit Hollywood Proper Residences opened in June as part of Kilroy Realty’s Columbia Square development.