Cities
ARA Newmark Hires Brokerage Expert
With almost 20 years of industry experience, Brett Polachek will be responsible for originating and managing multifamily investment sales across Arizona.
Stellar Management Launches Brooklyn Luxury Condo
The company’s first solo ground-up development, the 197-unit, eight-story partially affordable OTTO in Brooklyn, will soon welcome its first residents.
306-Unit Community Trades Near Indianapolis
Tikijian represented the seller, developer and manager of the asset. Flaherty and Collins will take over property management on behalf of the new owner.
Dougherty Secures Acquisition Loan in North Dallas
The company arranged the 12-year term Fannie Mae loan in partnership with Old Capital Lending. The financing features a 30-year amortization schedule.
Downtown Austin Will Be Home to New Micro-Unit Community
Transwestern Development Co. acquired 1.6 acres to build 263 units and a 3,000-square-foot restaurant.
Olympus Property Launches 8th Fund
The firm added 869 units to its portfolio with the purchase of Olympus Steelyard in Chandler, Ariz.; Sundance Creek in Midland, Texas; and Sedona Ranch in Odessa, Texas.
A Close Look at Miami’s Smart Towers
Santiago Vanegas, CEO & president of Habitat Group, talked to Multi-Housing News about the company’s project taking shape in the Brickell neighborhood.
Luxury Taking the Lead in Ft. Lauderdale
The development team of Auberge Beach Residences and Spa spoke to Multi-Housing News about their new luxury project scheduled for completion in the following months.
Demand Shines in Seattle
The metro’s multifamily rent growth continues to outpace the national average, due to healthy demographic trends, steady job gains and escalating household formation.
L5 Investments Buys Suburban Seattle Property for $15M
Montrose Apartment Community in Burien, Wash., includes 97 units, a fitness center, a pool and a playground.