Cities
Greysteel Arranges Sale of Multifamily Property in Duncanville
Greysteel represented Virtue Wexford Owner LLC in the transaction and procured the buyer, PC Wexford LLC.
Community in Colorado Springs Sells for $13M, Following High Investor Competition
The property was sold above the asking price to a private investor from California.
Detroit Resumes Blight Removal Program, Receives $42M in Funding
The procedures for the implementation of the program have changed after a two-month assessment by the MSHDA at the Detroit Land Bank.
New $13M Condo Project Planned in Cleveland
Local investors are planning the construction of Quattro, a 26-unit condominium building in the Little Italy neighborhood.
SL Green, BlackRock Form JV for $170M Manhattan Property
SL Green sold a 49 percent stake in 400 East 57th St., to BlackRock’s real assets arm, with plans to upgrade the property.
Better Homes Adds Nevada Firm to Franchise Network
The newly named Better Homes and Gardens Real Estate Universal will be led by broker/owner Scott Beaudry.
Griffis Residential Buys Metro Seattle Apartments
The property last changed hands in 2013 for $88 million, or roughly $168,000 per unit.
Melo Group Breaks Ground on Downtown Miami Community
Featuring a pair of 34-story towers, Square Station will bring 710 rental units to a rapidly growing market.
Bluerock Residential Scores $68M Atlanta Community
The Nevadan Apartments are located the heart of Central Perimeter in Sandy Springs, Atlanta’s largest office market and the future home of Mercedes-Benz’s U.S. headquarters.
Yardi Matrix: Cleveland’s Fundamental Promise
Multifamily fundamentals are strong in the City of Champions, with more than 11,500 multifamily units in different stages of development.