Cities
Harbor Group Acquires Arizona Community for $66M
The new owner will invest $418,000 for improvements to the common areas and installing Nest thermostats at the Scottsdale property.
Transwestern, S2 Capital Sell DFW Community
The owners renovated and repositioned The Morgan, located in the suburb of Bedford, Texas, before its disposition.
Affordable Senior Community Underway in Fort Lauderdale
HTG expects to complete construction on the 100-unit property in the first quarter of 2021.
Hines Acquires Newly Constructed Virginia Community
Developed in an undersupplied submarket of Washington, D.C., The Emerson features a mix of studio, one-, two- and three-bedroom apartments for a total of 355 units.
Jamestown JV Begins Adaptive Reuse Project in Raleigh
Phase I of Raleigh Iron Works will include renovation of the historic steel mills and the warehouses that were previously part of Peden Steel.
464-Unit East Dallas Community Changes Hands
Dougherty Mortgage secured a 12-year acquisition loan from Fannie Mae on behalf of the buyer.
Bell Partners Buys 722 Units in Dallas Metro
The company acquired two adjacent apartment properties in a high-growth corridor of Frisco, Texas.
Easing Insurance Sticker Shock
Coverage will take a bigger bite this year, so be mindful of these steps recommended by experts at NMHC’s annual meeting.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in December 2019 in New York City.
Alliance Residential Breaks Ground on Charlotte Community
The luxury development is located within the Ayrsley mixed-use project, expecting first move-ins by 2021.