Cities
JV Brings $98M Collegiate Housing Development to Minneapolis
The Hub Minneapolis will be a 707-bed community with a mix of studios and one-, two-, three- and four-bedroom floor plans.
Champion Lands Value-Add Community in LA’s Koreatown
The company acquired The Bard Apartments, a 30-unit multifamily property, and is now planning to renovate the building.
Fath Properties Obtains $125M Refi for 10-Property Portfolio in Ohio and Texas
Six of the refinanced properties are in the greater Cincinnati/Dayton marketplace and contain 2,065 units. The remaining four properties are located in Texas and consist of 1,273 units.
On the Market: 5 Interesting Listings for the Week of 12/5
This week’s listings include a Mediterranean-style town home community and an Indianapolis property located on a 60-acre lake.
FCP Sells 5-Community Portfolio for $328M
The private equity investment firm divested 2,490 units in the Washington, D.C., suburbs.
SPNA Acquires Second Deconversion Property in Chicago
The 133 units were converted to condos in 2005, but they will now go back to their initial use as rentals.
HFF Closes 92-Acre Land Sale in NC
The Halle Cos. paid $11 million for the site in Apex, a suburb of Raleigh, which it plans to transform into a mixed-use development.
City of Detroit Invests $1.6M in Revitalization of Four Neighborhoods
The planning and design contracts refer to housing, reimagining open land, leveraging economic development and more.
PRP Appoints New Vice President
In her new role, Danielle Keute will be responsible for the firm’s residential property management division.
Karl Lagerfeld Designs Lobby of Miami Condo Project
The fashion icon will mingle classical and contemporary themes in The Estates at Acqualina, a $1.5 billion oceanfront development.