Cities
On the Market: 5 Interesting CRE Listings for the Week of 5/23
This week’s most interesting listings include a converted former U.S. Marine hospital and a renovated pre-war building in New York’s Chelsea neighborhood.
Turner Multifamily Impact Fund Makes Four More Acquisitions
The latest purchase expands the fund’s total portfolio to nearly 2,500 units.
Steadfast Acquires, Plans Rehab of IL Apartments
The launch of the company’s third REIT is timed to coincide with its acquisition of the 136-unit Carriage House Apartments in the Chicago area.
Lakefront Multifamily Community Lands New Owner
Fowler Property Acquisitions sold the 244-unit multifamily community which was recently renovated.
The Richman Group Breaks Ground on New Downtown Residential Project
The city’s I.D.E.A. District is set to welcome a new upscale apartment development.
HFF Secures $42.9M Loan for Luxury Senior Housing Community in Dallas
HFF worked on behalf of joint venture Silverstone Healthcare Co. and L&B Realty Advisors to secure the construction loan.
Tyrone Clifton Appointed Director of the Detroit Building Authority
Tyrone Clifton will be coordinating Detroit’s blight removal program, which is the biggest in the country.
Rivergate KW Residential Appoints Joya Pavesi as VP of Marketing and Strategy
Rivergate KW Residential has strengthened its growing team by hiring Joya Pavesi as vice president of marketing and strategy.
New Affordable Housing Project Coming to Aurora in 2017
Gardner Capital Development will construct an affordable housing community in Aurora’s Centretech neighborhood.
Greystone Arranges $37M Refi for Texas Multifamily Portfolio
The New York City-based company arranged Fannie Mae loans for three multifamily communities located in San Antonio and Austin, Texas.