Cities
Jacksonville’s Rapid Growth
A healthy employment climate, an inexpensive cost of living and mild weather are attracting jobs and new residents to Jacksonville, creating demand for apartments and bolstering rent growth.
NewCourtland to Redevelop Former Liddonfield Homes Site
The new owner acquired the site for $5.5 million from the Philadelphia Housing Authority. The former public housing development will be transformed into an affordable senior housing community.
Historic DC Patterson Mansion’s Makeover Now Complete
Saul Urban joined hands with Rooney Properties and BedRock Real Estate Partners to renovate and expand the more than 110-year-old property and turn it into 92 apartment units.
JV Taps HFF to Market Luxury Philadelphia Tower
The 28-story, 363-unit 3601 Market is located in the University City submarket and features studio, one- and two-bedroom floorplans, as well as penthouses.
Security Properties Buys $26M Community in Seattle
Security Properties purchased the 124-unit community and plans to renovate the 96 original units. Madrona Ridge Residential, an affiliate of the company, will manage the property.
Benchmark Senior Living Expands Massachusetts Portfolio
With Cushman & Wakefield representing the seller, an institutional investor, the buyer, a Waltham, Mass.-based senior living company, acquired New Pond Village in suburban Boston.
Kansas City’s New Look
Kansas City is in the midst of a transformation, growing as a financial and research center, with increased investment in infrastructure, all of which support multifamily fundamentals.
Metro Spotlight: It’s Always Mountain Time in Denver
Years of economic growth have prompted substantial rent growth, but is the city’s multifamily market heading into treacherous waters?
Rescore Snags $100M for Hollywood Apartments
The community is a 368-unit, seven-story project located in the Hollywood Entertainment District, a Business Improvement District.
Brinshore, McShane Deliver Chicago Mixed-Use Project
Clybourn 1200, a mixed-income apartment building in Chicago’s Old Town neighborhood offers 84 studio, one-, two- and three-bedroom units, as well as 17,000 square feet of ground-floor retail space.