Cities
Crimson Ventures, Residential Investment Team Up
In the new partnership, Crimson Ventures and Residential Investment Advisors will acquire and manage multifamily real estate properties throughout the southeastern U.S.
Greysteel Markets Value-Add Asset in St. Mary’s County
The 102-unit Queen Anne Park in Lexington Park, Md., is currently owned by Whetstone Co.
Multifamily Permits Drop in New York
Permits declined by more than half in the 12 months after the demise of the 421-a program.
On the Market: 5 Interesting CRE Listings for the Week of 7/25
This week’s listings include a unique two-unit property in West Hollywood that was featured on a hit TV show and a converted schoolhouse in Pittsburgh.
Berkadia Arranges Sale of St. Louis Community
Higher yields are drawing investors to the area.
Lincoln Property, Ryan Cos. Top Out on Luxury Chicago Tower
The partnership also revealed the name of the 31-story, $100 million-plus community that it’s co-developing in Chicago’s Gold Coast neighborhood.
Chandler Luxury Development Secures Financing
The $57 million Jefferson Chandler community is set to break ground this summer, with completion slated for July 2017.
DC Community Scores $140M
The Apartments at CityCenterDC is a 458-unit, Class A property.
Irwin Gordon Moves Up The Ladder at Invitation Homes
In his new role as chief revenue officer, Irwin Gordon will develop and execute partnerships and programs that expand the company’s service offering.
Monticello Apartment Community in Silicon Valley Is Move-In Ready
The 825-unit Santa Clara luxury property, with rents starting at $2,600, will welcome its first residents in August.