Cities
St. Paul Community Attracts High Investor Competition
Marcus & Millichap arranged the sale of Priscilla Street Villas, an 11-unit apartment building in Saint Paul, Minn. The property was sold for an amount above the asking price.
Timberland Breaks Ground on MN Asset
The 222-unit Elevate at SouthWest Station Apartments, located in the Twin Cities suburbs, is scheduled for completion by August 2019.
$300M Tower Coming to Miami
Okan Group will begin construction on Okan Tower this fall. The mixed-use project marks the Turkish developer’s first project in the U.S.
Progress Capital Lands $26M for Mixed-Use Jersey City Project
The development, which is being built on the site of the former Fairmount Hospital, will feature 99 luxury apartments and 2,240 square feet of ground floor retail.
Greystone Sells Brooklyn Asset for $10M
The company acquired the landmarked property, built in 1910 as Public Bath No. 7, in 2014, then undertook and completed a substantial renovation of the Renaissance Revival-style structure.
Mazis Family Trust Buys 19-Unit San Diego Community
Located at 4560 Florida St., in the University Heights neighborhood, the 1970-built property features a mix of 13 two-bedroom and six one-bedroom units.
Mills Properties Trades St. Louis Community
Brass Enterprises picked up the 178-unit Class A luxury property, which opened in 2016 and includes a Whole Foods Market on the ground floor.
Positive Investments Buys CA Community
Keller Williams Commercial Studio City represented the company in its purchase of the 10-building, 86-unit property, located in Compton.
Denver Affordable Housing Secures $50M
Koelbel and Co., Mile High Development and Longs Peak Advisors will develop Eaton Street Apartments, a 118-unit community in Westminster, Colo.
Main Street Residential Acquires $20M GA Property
The 214-unit View 75 in Marietta will be rebranded under the company’s Signature name and undergo a $2 million renovation.