Cities
City North at Sunrise Ranch Changes Hands
Alliance Residential Co. will handle property management responsibilities.
Downtown Portland Community Sells for $23M
Grand Peaks Properties of Colorado acquired the property for $282,530 per unit.
David Schwarz, ARA Newmark on Prime Opportunity for Developers
The company’s executive managing director is looking into the challenging multifamily market in Houston.
BRIDGE Housing Welcomes New EVP in San Francisco
In her new role, Diane Olmstead will oversee capital aggregation activities.
Mixed-Use Development Slated for Former Juvenile Detention Center Site
The NYCEDC and the Department of Housing Preservation and Development are planning to transform the Bronx property into a campus featuring affordable housing and commercial space.
CBRE Arranges Sale of Assisted Living Portfolio
An affiliate of HCP Inc. bought seven properties in the Baltimore and Washington, D.C., metros for $186.3 million.
Transwestern Brokers Sale of Dallas-Fort Worth Communities
The two properties are the Residence at Midtown Apartments, a 296-unit community located in Dallas, and Vistas at Lake Worth, a 265-unit community in Fort Worth.
TDT Disposes of Hayward Asset, Doubles Original Investment
The seller invested roughly $1 million in improvements at the 68-unit community.
Two NC Firms Develop 216-unit Community
Blue Ridge Cos. and Richardson Properties are teaming up to build Country Park at Tall Oaks, a new community in northern Greensboro.
Historic Nashville Neighborhood Provides Artist Destination
A new artists’ spot has emerged in the form of Broadstone Germantown, an apartment community aimed at providing a work space for music lovers.