Cities
Pinnacle Taps New VP to Run Northern CA Region
Mark DeGraff will provide support to four regional property managers with a combined portfolio of more than 5,000 apartments located throughout Sacramento, the San Francisco peninsula and the East and South Bay.
$16M Senior Housing Community Opens in Pittsburgh
The 66-unit Hillcrest Residences, which was developed by The Community Builders is located in the Carrick neighborhood.
Affordable MD Townhomes Undergoing $14M Rehab
Seventy-five of the units in Scotland Community will receive both interior and exterior renovations, with funds provided by the Low Income Housing Tax Credit.
10 Largest Multifamily Properties in Boston
The city’s multifamily market continues to be one of the most stable in the U.S., while its long-term fundamentals create and attract high-skilled workers. However, the area faces a housing shortage due to high demand.
Houston Luxury Apartments Add Co-Working Space
Ascension on the Bayou, a 280-unit community, has opened the 10,000-square-foot amenity, the first of its kind in the city. The space allows startups and companies a workspace in the main lounge, and co-workers are permitted to use resident amenities.
JV Breaks Ground on Chicago Senior Housing
Ryan Cos. LCS and Harrison Street Real Estate Capital have started construction on Clarendale of Addison, a 188-unit community in Addison, Ill.
Heartstone Development JV Opens NJ Community
Hidden Village in Aberdeen, N.J., features 200 rental units and a number of amenities, including a swimming pool, private garages for most units and a clubhouse.
Allied Orion Group Tapped to Manage Charlotte Community
The 309-unit property is owned by Arel Capital and offers amenities such as dog park, two swimming pools and a fitness center. Cameron South Park was constructed between 1984 and 1985.
Top 10 Austin Apartment Owners
The city’s economic, demographic and social trends have a magnetic effect on developers and investors alike. Even though investment activity has softened compared to last year’s cycle high, some $961 million in multifamily assets traded as of October.
BPDA Approves 541 New Units Across Boston
The approved development sites include 264 Huntington Ave., 75-85 Liverpool St. and 46 Hichborn St. in Brighton, as well as 256 Dorchester St in South Boston. The estimated investment cost is $486 million.