Cities
OakPoint Lands Nashville-Area Luxury Community
Homestead Rental Properties sold The Luxe at Indian Lake Village, a 94-unit property in Hendersonville, Tenn. This marks OakPoint’s fourth recent midstate acquisition.
Construction Kicks Off at Chicago’s Wolf Point East
The 60-story, 698-unit luxury apartment tower represents the second phase of the Wolf Point master plan, a three-phase project built by Hines along the Chicago River.
Suburban Denver Community Trades for $58M
Weidner Apartment Homes sold the 312-unit property to Phoenix Realty Group. HFF secured $46 million in financing for the sale.
KWCC, The Condo Shop Merge to Serve Philly
The strategic alliance with a team of more than 250 agents will enable The Condo Shop to boost the company’s growth and have access to better tools and resources.
Network Safety: Experts Weigh In
At NAA’s recent conference in Atlanta, panelists shared best practices for keeping vital network information safe from attack.
LA Koreatown Community Trades for $9M
Lion Real Estate Group sold Kingsley Tower, a 45-unit apartment building it acquired in 2012 for $4.2 million and then repositioned.
Brooklyn Condo Tower Kicks Off Sales
Developed by Mack Real Estate Group and Palin Enterprises, the 40-story luxury tower will be the tallest building in the borough’s Greenpoint neighborhood and will feature 95 units.
$43M DC Affordable Community to Open Next Spring
Portner Flats will bring 96 affordable units to the popular U Street Corridor in Northwest, D.C. The project is a public-private partnership between the District, Somerset Development, Jonathan Rose Cos., New Community Partners and other entities.
CBRE Closes $40M Sale of Phoenix-Area Community
The company represented Baron Properties in the sale of the 240-unit community. The buyer partnership was represented by Mike Dow of Impact Multifamily Advisor.
Sacramento Sets the Standard
Although rents across the country have been decelerating in recent months, the California capital continues to outperform. While no longer in the double digits, its rent growth continues to lead major metros.