Cities
Massive Concrete Pour Begins at FL Condos
Two Roads Development has started construction on Elysee Miami. When completed, the 57-story, 100-unit luxury high rise will be the one of the tallest buildings in the East Edgewater neighborhood.
HHHunt Begins Construction on $43M NC Community
Located in Garner, Abberly Solaire will offer 282 units and access to a coffee bar, a dog park and a pool with in-water seating.
Dalan Management, Elion Partners Acquire Adjacent 2 Assets in Manhattan
The joint venture purchased adjacent buildings on the Upper West Side, totaling 68 units, for $66 million from AAG Management.
Jupiter Realty to Open Chicago Luxury Building
The 465 North Park tower, which offers 444 units and more than 10,000 square feet of retail space, is one of several recent high-rises changing Streeterville’s skyline.
OC Value-Add Community Changes Hands
Sleepy Hollow Apartments is a 25-unit infill property located in Anaheim Hills, Calif. The Bascom Group purchased the asset for $7.5 million.
Combined Properties Snags VA Asset for $41M
Reston Glade includes 200 units and has a 96 percent occupancy rate.
Peak Campus to Manage 2 Indianapolis Properties
Greyhound Village and University Lofts are owned by Strategic Capital Partners and add 780 beds to the management company’s portfolio.
Top 10 Largest Multifamily Conversions in the Pacific Northwest
The area recorded a high number of adaptive reuse projects that transformed hotels into affordable multifamily communities, breathing new life into historic buildings. Some of the structures served military purposes during World War II.
Wilshire Unlimited Enters Vegas Market With $21M Buy
The company will apply a value-add strategy to the community, which is in need of upgrades and currently has 16 units down due to deferred maintenance.
Tampa Community Changes Hands for $97M
Brokers from Berkadia’s Tampa, Orlando and Jacksonville offices worked together in finding a buyer for The Cove Apartment Homes, a 689-unit garden-style property.