Cities
Marcus & Millichap Brokers Sale of FL Property
Fifth Avenue Courtyard is a 21-unit value-add community located in St. Petersburg. The buyer plans to upgrade the unit interiors.
Boston’s Pricing Power
Bruce Lusa, vice president of multifamily investment sales with Colliers International, discusses area trends and offers tips to investors targeting the city’s booming market.
Luxury San Antonio Community Changes Hands
The NRP Group has sold The Flats at Big Tex, a 336-unit property on the River Walk.
Houston Makes Buoyancy Its Brand
The metro’s multifamily market displayed a strong performance in the fourth quarter of 2017. As construction remains robust, rents are expected to rise by 2.3 percent in 2018.
Castle Lanterra Appoints New Managing Partner
Gila Cohen, who brings 20 years of commercial real estate and financial services experience to the team, previously served as a consultant, strategic advisor and private placement professional.
Miami Beach Condo Project Receives $137M Loan
Kasowitz Benson Torres’ Douglas Heitner, Erik Nygaard and Albert Delgado represented JDS Development Group in the transaction. Jerold Feuerstein of Kriss & Feuerstein worked on behalf of the borrower, Madison Realty Capital.
JV Starts Work on Miami Micro Apartments
Related Group and Block Capital Group broke ground on The Bradley, which includes 175 units ranging from 480 to 1,000 square feet.
Greystone Provides $29M for Sacramento Acquisition
Carmel Pointe is a 332-unit garden-style community that includes a dog park, spa and five laundry rooms.
Luxury Condo High-Rise Coming to Tysons
Marketed as the Monarch, the 20-story tower will provide penthouses and one-, two- and three-bedroom apartments, all including private balconies.
Investor Buys Chicago Condos, Plans Conversion
Beal Properties acquired the 117-unit asset for $30 million from Wellington Place Condominium Association.