Business Specialties
AV Homes Expands Southeast Footprint
The developer entered into a definitive agreement to acquire Savvy Homes for a total of roughly $50 million.
REIT Acquisitions Fall Back to Earth
The trend of weak net acquisitions may continue in 2017.
LIVEbe Begins Leasing 2 MD Luxury Communities
Residents will start moving into the Berman Enterprises-owned properties later this year.
Jefferson Stadium Park Breaks Ground in Anaheim’s Platinum Triangle
The development will feature 371 luxury apartment homes and a 1.1-acre park.
Orlo Acquires Sizable Metro DC Asset for $117M
The area is poised for growth, with Transwestern reporting a net total of 65,500 jobs added to the D.C. metro region during the 12 months ending in November 2016.
$1.2B Mixed-Use City Center Planned for West Omaha
The mixed-use project, which will include 2,000 apartments, is expected to have an annual economic impact of more than $1 billion upon completion.
New Georgia Community Approved for Construction
Four Corners Development LLC has partnered with IDP Housing to develop the 88-unit property.
Robbins Electra Adds 3 New Assets to Southeast Portfolio
The company plans to make upgrades to the properties, which total 898 units located in Georgia and Florida.
Ares Fund Secures 1,300-Unit Portfolio in Germany
The deal increases the firm’s holdings in the country to 3,900 units.
Capital One: Interest Rates Still a Concern for Multifamily
Given the choice, more would rather buy than sell in 2017.