Cities

Doors Open at WestCorp Management Group’s New 308-Unit Apartment Community

WestCorp Management Group announced the official grand opening of its newest apartment community in Southern Nevada.

231-Unit Luxury Community Set to Break Ground in Downtown Wilmington

This summer Buccini/Pollin Group will break ground on a new luxury apartment community as part of a revitalization plan in Wilmington, Del.

Downtown San Diego Welcomes 250 Affordable Apartments

The grand opening of 250 affordable rental apartments was celebrated with a ribbon-cutting ceremony.

Manhattan’s Newest, Hottest Condo Market Revealed

Manhattan real estate prices are at an all-time high, with a great number of new luxury residences hitting the market each year.

TODAY’S DEALS: Equity Residential Drops $130.2M on Boston Asset

CBRE/New England brokers a Gerding Edlen sale in Boston; Berkadia brokers the sale of a California multifamily property for more than $55.5 million; and Oakwood Worldwide grabs Raleigh corporate apartments.

Atlantic | Pacific Companies Expands Portfolio in Atlanta

Miami-based Atlantic | Pacific Companies announced its acquisition of two multifamily communities in Atlanta. The newly closed deals bring A|P’s regional reach to 12 multifamily communities within just three years of opening its Atlanta office.

High-Tech Luxury Living Launches in the Heart of Philadelphia

The new heart of Center City living is officially open for leasing.

TODAY’S DEALS: Ullico Loan Kicks Off Philly Mixed-Use Development

National Real Estate Development has landed a $141 million construction loan; CIT provides $57.5 million for a Brooklyn waterfront acquisition; and Eagle Group Finance supplies $3.1 million for an assisted living facility.

Rising Multifamily Rents Lure More Investors

As San Diego rents continued their growth through 2014, and are projected to follow a similar upward trend, investors are looking to establish a presence in the market, or cash in on their existing asset while values rise.

Meta Housing Corp. Presents Its First Family Arts Colony

Meta Housing Corp. finalized its first “family arts colony” apartment project in the San Pedro, Calif., neighborhood.