Cities
Laramar Group Names Operations SVP
Based in the Denver office, Stacy Valentine will oversee the company’s marketing and operations for its urban communities across the country.
Jonathan Rose Buys Affordable Denver Asset
The 13-story, 188-unit Juanita Nolasco Apartments was completed in 1972 and is income-restricted to very low-income elderly and disabled residents.
Philly Community Aimed at Millennials Lands Financing
Located in a walkable neighborhood and close to art galleries and event venues, the project is slated to include a 5,500-square-foot commercial component.
Avison Young Taps New Miami SVP
Rosendo Caveiro joins the company’s investment sales platform as a senior vice president of the Multifamily Capital Markets team.
Marcus & Millichap Arranges Sale of 158 units of Park Village
The community, located in Largo, Fla., consists of 160 units, 158 of which traded for $20 million, or $130,000 per unit. The firm represented both the buyer and seller.
BLVD Capital Acquires $26M Affordable Housing Portfolio
The two affordable housing properties in Chicago contain more than 300 units and are located near major highways and public transportation options.
Partnership Opens $10M Affordable Community in NY
Built on the site of a former fabric store in Rockland County, N.Y., Nyack Point Apartments features 33 units. The building is LEED certified to the Gold level.
San Diego Affordable Community Breaks Ground
Affirmed Housing Group is developing Bluewater, an 80-unit affordable housing community that marks the firm’s third project in San Diego’s Grantville neighborhood.
IDI Completes Luxury VA Property
The company completed the first of two buildings in its Rivergate community, located in Woodbridge. Kettler is handling the management.
Chicago Buyers Expand into Las Vegas Market
Oak Residential Partners and POB Capital have acquired 252-unit Avenue Apartments in Henderson, Nev. The deal marks both buyers’ entry into the market.