Business Specialties
Transwestern Mid-Atlantic Brokers Sale of Bethesda Multifamily
Transwestern Mid-Atlantic Multifamily Group, a collaborative multifamily brokerage team serving the entire Mid-Atlantic region, completed a sale of The Villas at Langley, a 590-unit garden-style apartment community located in Hyattsville, Md.
Apartment REIT Recapitalizes, Renames Itself
In a complex deal involving a number of investors, Apartment Trust of America Inc. has recapitalized itself, acquired a large new portfolio and changed its name.
Fluid Expands Eco-Friendly Low-Flow Fixture Line
Sustainable Solutions International’s Fluid brand has expanded its offering of low-flow fixtures that meet the USGBC’s WaterSense labeling program. The addition of a single-handle faucet to five of the brand’s collections means there are even more green options for your next contemporary bath design.
Cranes Move, Construction Begins at Buckhead Atlanta
By Georgiana Mihaila, Associate Editor Lifeless cranes will no longer stand watch over the luxury mixed-use development formerly known as Streets of Buckhead; developer OliverMcMillan, who took over the project in May 2011, has reportedly restarted work on the 1.5-million-square-foot mixed-use project now entitled Buckhead Atlanta. The Atlanta Business Chronicle reports that the San Diego-based […]
Private Investment Venture Snags All Foreclosed Properties in Macomb County for $4.9 M
By Veronica Grecu, Associate Editor Former yacht dealer and millionaire Bill McMachen and an unnamed partner snapped up all foreclosed properties in Macomb County at a public auction held last week at Freedom Hill in Sterling Heights. For $4.9 million or an average of $7,500 per property, the two buyers acquired an unprecedented lot of […]
Demand Running High for San Diego’s New Domain by Alta
Wood Partners, developer of the new $90 million luxury apartment community Domain by Alta-San Diego, has announced that the community is already 30 percent leased, a little more than two months after its June opening.
MHN TV: CityView Bay Area Fund
Tony Cardoza, CityView managing director shares insights regarding the investment philosophy of CityView’s Bay Area Fund. Potrero Launch, a new multifamily community developed and designed by Martin Building Company, is an adaptive reuse project that incorporates new construction. It’s seeking LEED certification.
MHN Interview: Tricks of the Trade for Staging Luxury Apartments
MHN talks to Cheryl Eisen, president, Interior Marketing Group, on how staging an apartment could make all the difference in closing the deal.
MIG Real Estate LLC Acquires Two Residential Communities in Lakewood
By Gabriel Circiog, Associate Editor MIG Real Estate LLC has acquired two residential communities in the Lakewood submarket of Denver. The Newport Beach, Calif.-based real estate investment company purchased The Hamptons and The Huntington, representing the fifth and sixth acquisition for the company in Colorado. The Hamptons is a 312-unit residential community located at 8507 […]
MHN TV: Mobility Trends
RENTCafe’s Esther Bonardi comments on mobility trends impacting all aspects of multifamily operations and consumer habits.