Cities
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.
Investors Snap Up Suburban Denver Apartments for $40M
RedPeak Properties has sold two Colorado apartment communities that total 360 units. ARA brokered the two separate sales.
Related California Begins Rehab of Berkeley Public Housing Units
Related California has acquired 75 units in 15 public housing sites from the Berkeley Housing Authority. The new partnership will renovate the units with the goal of improving a component of the city’s housing inventory for large families.
AMCAL Announces Completion of Santa Ana Special Needs Community
A new 41-unit community offering affordable housing for those with physical and developmental disabilities has reached full occupancy.
CBRE Global Investors Buys 330-Unit Apartment Complex in Atlanta from Equity Residential
CBRE Global Investors has boosted its Atlanta multifamily portfolio with the purchase of Alexander on Ponce, a 330-unit apartment complex in the city’s Midtown submarket, from Equity Residential.
Pembrook Originates Acquisition, Renovation Financing for Denver-Area Apts.
Pembrook Capital Management originates an $18.6 million bridge loan to facilitate the sale of Mountain Vista, a 257-unit multifamily property located in the Denver suburb of Lakewood.
Pacific Urban Residential Acquires California’s Villas La Costa
Pacific Urban Residential has acquired the 24-unit Villas La Costa apartment community in Carlsbad, Calif., from San Diego-based Oram Properties.
Presidio Landmark Apartments Honored by National Trust
A 154-unit adaptive reuse project by Presidio Trust and Forest City has received The National Trust/Advisory Council on Historic Preservation’s Award for Federal Partnerships in Historic Preservation. The conversion was designed by Perkins+Will.
Wood Partners Sees a Strong Lease-Up in Charlotte
Wood Partners has opened Perimeter Lofts, a new 246-unit apartment community in the heart of the booming Northlake area of Charlotte, N.C.