Cities
Vesper Holdings Launches New Student Housing Management Brand Campus Life & Style
By taking ownership of the daily operations through Campus Life & Style, Vesper Holdings will control the property management for its more than 10,000 beds across 12 markets, creating a hospitality experience for residents similar to that of a boutique hotel.
G.H. Palmer Renaissance Collection Debuts Phase II at DaVinci
The DaVinci Apartments in downtown Los Angeles is opening up Phase II this spring, with pre-leasing already available.
Twining Properties, Skanska Complete Luxury Tower in South Boston
Situated at the intersection of Seaport Boulevard and Boston Wharf Road, the South Boston community includes 45 affordable units and is targeting LEED Gold Certification.
George Smith Partners Snags $30M For L.A. Development
The investment banking firm secured $30 million in bridge financing for 3.5 acres of land for multifamily development and a 68,834-square-foot office building in Hollywood, Calif.
CBRE/New England Arranges Financing for 252-Unit Property Near Boston
The 252-unit Cabot Crossing, owned by Taurus Investment Holdings and PhilMor Real Estate Investments, was built in 1986 and last traded hands mid-2013 for $20.25 million.
Preiss Acquires 546-Bed Student Housing Community in North Carolina
Campus Edge was acquired by Raleigh-based The Preiss Co. in joint venture with a private investment group.
On the Market: This Week’s 5 Most Interesting CRE Listings
Check out this week’s most interesting CRE listings across the country.
Cedar Grove Capital, ROSS Take Over Chesterfield Apartments
Cedar Grove Capital has acquired Chesterfield Apartments in Winston-Salem, N.C., tapping ROSS Management Services to manage the property and help upgrade the community.
Affordable Housing Program Expands in Chicago’s River North
The Habitat Company has extended the affordable housing program of a 384-unit community.
Champion Buys Village Green Hills Apartments in Nashville
An 82-unit multifamily community in Nashville was sold for $22.5 million to Los Angeles-based Champion Real Estate Co.