Cities

1st Phase of Bronx Mixed-Use Project Delivers

Breaking Ground and its partner Comunilife Inc. have opened the first affordable building as part of a 1.1 million-square-foot development.

South Florida Community Sells for $47M

Canada’s Prism Multifamily Group purchased the 291-unit property in the Fort Lauderdale suburb of Tamarac.

Fort Lauderdale-Area Condos Command $19M

Prashkovsky Investments U.S.A. purchased 146 of the 192 units within the 4.7-acre property in Hollywood, Fla.

FirstService Residential to Manage Historical Condo Asset in Austin

The landmark building, located at 710 Colorado St., comprises 90 luxury condominium units and street level retail.

Philadelphia Matrix Report Photo by gangliu10 iStockphoto.com

Philadelphia Multifamily Report – Fall 2019

Rents in the metro rose 3.7 percent year-over-year through August, outpacing the 3.3 percent U.S. rate.

Seattle Senior Project Targets a Green First

Scheduled for completion in spring 2021, Aegis Living Lake Union will be the first assisted living community to achieve an elite international green status certification.

Ari Rastegar

In the Heat of Austin’s Investment Landscape

Rastegar Property Co. CEO Ari Rastegar shares insights into the metro’s multifamily market and explains why it’s difficult to predict what the future holds.

Vacant Office Property Sells in Orange County

The 65,000-square-foot property in Orange, Calif., will be transformed into a senior housing facility. NAI Capital represented both seller and buyer in the deal.

CBRE Closes Value-Add Sale in Denver

First Vice President Robert Bratley represented the seller in the $6.1 million deal.

Sacramento Community Commands $16M

The 130-unit Regency Apartments traded to a Bay Area-based private investor. The acquisition was financed with nearly $13 million.