Business Specialties
Rockpoint Group Snags $87M FL Community
Related Development, the multifamily component of Related Group, sold Town at Pembroke Pines, a recently completed 356-unit property in Pembroke Pines, Fla. During the past 18 months, the company sold three completed multifamily projects totaling more than $290 million.
Build Your Brand Without Breaking the Bank
Large companies typically have a sizable budget to work with, but small owners and managers need to be more creative when it comes to marketing.
LINC Opens LA-Area Affordable Community
Mosaic Gardens at Willowbrook is a $20 million development built for low-income families and homeless households, with support from several public and private entities. The latest homeless count shows there are nearly 47,000 homeless in Los Angeles County.
CAPREIT to Manage 3 Miami-Area Affordable Communities
All three were purchased for $59 million in March 2017 by the American Opportunity Foundation, which plans to invest in extensive upgrades.
Walker & Dunlop Provides $95M for North Miami Acquisition
Avesta Communities procured the 402-unit property Avesta Biscayne, which features six five-story residential buildings along with a clubhouse and leasing office.
Friedkin Snags Long Island Apartments for $140M
Making its New York debut, the San Francisco-based investment firm bought a 450-unit community in Suffolk County and an adjacent golf course.
The Future of Reputation Management
While the primary objective of reputation management is to look good in the eyes of prospective renters who scour review sites, savvy operators have begun to utilize their reviews as free market research.
Lifescapes Designs Landscape for DTLA’s First Completed Condos in a Decade
The company has completed the design for the outdoor terrace and pool deck on the sixth floor of a 25-story project developed by Trumark Urban, which also features the country’s first drone landing pad.
TF Cornerstone, Arquitectonica Top Off NYC Tower
Featuring a distinctive grid-like design concept, the 1,028-unit mixed-use property is the developer’s second on Midtown West’s Billionaire’s Row and is scheduled for completion next year.
What’s Impacting 2017’s Investment Landscape
W. Allen Morris, president & CEO of The Allen Morris Co., offers his views on how the new president will impact multifamily, trends to keep an eye on and what’s on his radar for the year and beyond.