Cities

Matt Greer, senior managing director at ARA Newmark

ARA Newmark Hires New Senior Managing Director in Texas

Matt Greer spearheads debt originations, joint venture/equity placement and investor relations in his new position at ARA Newmark.

Passco Sounds the Right Notes with Nashville Acquisition

The 452-unit apartment community, acquired for $51.4 million, is expected to provide quality housing for about half the price per square foot of the downtown market.

Vitus Group Acquires Miami Beach Senior Housing

The 15-story community provides 210 units of affordable housing for seniors.

Post Brothers Positioned to Reach Post-Grads in Philadelphia

Post Brothers has invested $250 million in Philadelphia’s University City neighborhood in the hope of attracting young professionals.

The Habitat Co. Expands Significantly in Southeast Multifamily Market

The multifamily developer and property manager has added more than 5,000 units in Alabam and Florida to its national portfolio.

Twin Creeks Senior Living Community Breaks Ground in Tampa Metro

Twin Creeks Senior Living, scheduled to open in the second quarter of 2017 in Hillsborough County, will feature 80 assisted living and memory care apartments.

Crown Bay, Adams Investor Group Close on 240-Unit Multifamily Asset in Atlanta Metro

Crown Bay Group acquired the now re-branded Hairston Woods Apartments in DeKalb County, marking the company’s fourth acquisition in the Atlanta area.

Allen Morris Plans Midtown Atlanta Apartments, Offices

The $210 million project will consist of a multifamily building, along with an office building directly across the street, with ground-floor retail.

Laguna del Rey, Spring Valley, Las Vegas

FirstService Residential to Manage 137-Unit Vegas Condo Community

Laguna Del Rey is a 137-unit condo community situated in Spring Valley, just five miles away from the Las Vegas Strip.

The Vanderbilt Mansion, 39 E 72nd St, Manhattan, New York

Madison Realty Capital Provides First Mortgage Loan for 72nd St. Conversion in Manhattan

The five-story Vanderbilt Mansion is ready for redevelopment into a 7-story, 18,412-square-foot property encompassing three luxury condominium units.