Cities
LGBT-Friendly Affordable Seniors Community Opens in Philly
Pennrose Properties and dmhFund have opened John C. Anderson Apartments, the first LBGT-friendly affordable seniors housing community in Philadelphia, to great fanfare.
Leasing Begins at Eleven55Ripley in Suburban D.C.
Home Properties has started leasing its newly constructed multifamily property, Eleven55Ripley. The asset, which is now the tallest building in Silver Spring, Md., features apartments, townhomes and a public pocket park.
Jones Lang LaSalle Closes Sale of Nashville Community
Jones Lang LaSalle closes the sale of West End Village, a newly built Nashville community, on behalf of The Residential Group and Edge Principal Advisers.
Market Snapshot: Miami Rent Growth Increases, So Does Vacancy
An increase in completions leads to higher vacancy in Miami, though the city retains the third highest occupancy in the nation.
Zocalo Sells Denver’s Cadence Union Station Apartments
An Invesco client picks up a Denver apartment asset from Zocalo Community Development and Principal Real Estate Investors.
Advenir Acquires a Sizable Community in Texas
Advenir acquires a 295-unit Class A community in Mesquite from Virtu Investments.
RFR, Vanke Break Ground on Luxury Condo Tower in Manhattan
RFR Holding and Vanke, China’s largest residential developer, broke ground Tuesday on 610 Lexington Ave., a luxury residential condominium on East 53rd Street in Midtown Manhattan.
WRIT Acquires DC Class A Apartments
Washington Real Estate Investment Trust acquires a 12-story, Class A asset in Washington, D.C.
Benenson Capital, Rose Partners Team on Brooklyn Mixed-Use Project
Benenson Capital Partners has forged a joint venture partnership with Rose Associates to develop a mixed-use tower in downtown Brooklyn. The two family-owned firms have a solid track record together in New York City.
Embrey Developing MF in Colorado’s Ken Caryl Ranch
Embrey Partners is developing a luxury 250-unit, Class-A multifamily community in Colorado’s prestigious Ken Caryl Ranch neighborhood.