Business Specialties
Post South Lamar Phase II Finalized, Begins Leasing
The 344-unit community, located in Austin’s West End submarket, offers studio, one- and two-bedroom units averaging 734 square feet. The leasing activity has started and the property will open on June 15.
$100M LA Arts District Mixed-Use Advances
Greystar’s Arts District AMP Lofts, which includes 320 units and retail space, received a 48-month construction loan from CIT’s Real Estate Finance .
Sares Regis Breaks Ground on Downtown Long Beach Communities
The three communities totaling 348 units were designed by Studio One Eleven and are adjacent to retail amenities. The properties are slated for completion in 2019.
Workforce Housing’s Monumental Growth
Gregory Lozinak, CEO of Monument Capital Management, discusses the company’s commitment to affordability, his biggest influences in the industry and his goals for 2017.
Pathfinder Snags $25M Seattle Property
The Argyle, a 160-unit apartment community in the metropolitan Seattle suburb Federal Way, stands on five acres and features 13 three-story buildings.
MCA Arranges $6M Loan for Denver Community
The project is an integral part of Belle Creek community, which consists of single family housing, apartments, townhomes and a community center. MCA worked on behalf of an entity sponsored by Chartered Development Corp.
Three Strikes: Multifamily Growth Slows for Third Consecutive Month
May 2017 marked the third consecutive month of rent growth deceleration and the 13th year-over-year slowdown, although development remains controlled.
CareTrust REIT Buys Skilled Nursing Facilities in NM, TX
The newly constructed properties are leased to affiliates of OnPointe Health LLC, and were acquired from a Texas developer for some $27.3 million.
Sunrise Appoints Small Property Operations Director
Phil Smith will oversee a portfolio of 81 single-family and multifamily properties totaling 688 units throughout Southern California, and spearhead the expansion of the firm’s small properties division.
Soho Properties Launches Sales at 45 Park Place
Construction broke ground on the 50-unit luxury condominium tower in June 2016, and the project is slated for completion in early 2019. Stribling Marketing Associates will lead the sales and marketing efforts for the property.