Business Specialties

Donaldson Group, DRA Advisors Grab $15M MD Community

The joint venture plans to renovate the Brinkley Manor Apartments, including common and outside areas, as well as the individual units.

South Phoenix Community Changes Hands for $12M

Cushman and Wakefield brokered the sale of La Reserve on 45th, a 301-unit property in the Maryvale neighborhood. A joint-venture purchased the asset from CEG Operating Partners.

Cortland’s Mobile Facilities Training Unit

The company conceived its own mobile training unit that travels anywhere necessary to work with facilities and service teams. Executive Vice President of Facilities and Services Jonathan Tucker discusses how teams can benefit from this program, especially when space is an issue.

Balfour Beatty Snags Suburban Atlanta Assets

The Evergreen portfolio consists of three gated communities that will undergo a series of capital improvements, including exterior and interior upgrades.

Riverstone in Macon, Ga.

Georgia Apartment Community Sells for $28M

Cushman & Wakefield’s Robert Stickel worked on behalf of the seller, H. Katz Capital Group Inc., in the disposition of the property.

Leasing Starts at New Chicago Mixed-Use

JDL Development’s SixForty, located in the River North neighborhood, includes a 23-story tower with 250 units and 8,000 square feet of retail.

The Best Tech Products at Realcomm 2017

A roundup some of the most cutting-edge technology for multifamily, including a program that allows renters to explore a 3D space, an energy-monitoring and analytics platform and a robot concierge.

Level at 401

Electra America Acquires 2nd NC Community

The 300-unit Raleigh property will be rebranded Level at 401 and undergo common-area, apartment renovations and upgrades.

Sustainable Queens Development Begins Leasing

Gotham Organization’s and Brause Realty’s property, called The Forge, includes 272 units and features environmentally friendly, luxury amenities.

San Antonio Project Lands $19M Construction Loan

The 192-unit Valencia Lofts in Leon Valley will comprise 14 two-story townhouses with one-, two- and three-bedroom units. The developer is a joint venture between Davila Construction and Loft Concepts.