Cities
Sparrow Partners Breaks Ground on Senior Living Project
The 193-unit development will be the first active adult community in Surprise, Ariz.
Bluerock Purchases Luxury Phoenix Community
The 254-unit upscale property last traded in 2017 for more than $40 million.
Miami Community Changes Hands
CBRE arranged the sale of Shorecrest Club Apartments, located at the entrance of the metro’s Upper East Side and MiMo Districts.
CBRE Arranges $46M Sale in Denver
The team of Dan Woodward, David Potarf, and Matt Barnett negotiated the deal on behalf of the seller.
Herman & Kittle Expands Indiana Presence
The company has opened two new communities: Ashford Park in Columbus, Ind., and The Vue in Indianapolis.
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.