Cities
Brack Capital Completes NYC Condos
Designed by Gottesman Architecture and GSArch, former print house 90 Morton Residences includes 35 units, a private car drop-off, a cold storage room and an indoor pool.
Marcus & Millichap Facilitates CA Townhomes Sale
The firm represented the seller and arranged a 10-year, $10.8 million acquisition loan on behalf of the buyer for the 52-unit community.
Nordblom Co. Unveils The Huntington in MA
The 117-unit luxury community is an adaptive reuse of an industrial property and features one- and two-bedroom apartment homes.
Hamilton Zanze Expands Denver Footprint
The 216-unit community, constructed in 1997, fetched a price tag of $50 million, nearly double the amount the seller paid five years before.
Audubon Completes GA Community Upgrades
The 232-unit property, constructed in 2004, sits 30 miles southeast of Atlanta and includes two outdoor kitchens and 350 parking spaces.
Transit-Oriented Condos Coming to Seattle
The 204-unit Koda Condominiums will be in the International District, near several train and metro stations. The project is scheduled to break ground this fall and be complete by July 2020.
Berkadia Completes $31M Vegas Sale
Sundance Bay acquired Desert Ridge Apartments, which includes 304 units and a dog park, a racquetball court and a playground.
JV Scores ’80s-Vintage Phoenix Apartments for $27M
L5 Investments, MLA Properties and BH Equities picked up the 360-unit Cielo Apartments and plan to invest $4.2 million in capital improvements.
Fundamentals Flourish in LA
Increased investor interest in the metro’s multifamily assets is driving property values to new highs, while keeping acquisition yields at nationwide lows.
Luxury SoCal Development Lands Management
The Trails at Canyon Crest, a 216-unit community, broke ground in October 2017. Construction is anticipated to finish early next year.