Cities
KW Property Management & Consulting Names SVP
Zuly Maribona has been with the Miami-based company since 2008. In her new role, she will help guide expansions in Orlando, Tampa and Jacksonville, Fla.
Holland Partners Sells Downtown LA Towers for $403M
Daydream Apartments has scooped up the pair of newly built, luxury apartment buildings, The Grace at Spring and The Griffin at Spring, which total 575 units.
Jacksonville Community Changes Hands for $22M
KCB Management sold the 256-unit property for more than double the price it traded for in 2013. Berkadia originated more than $17 million in acquisition financing.
JV Pays $27M for San Antonio Portfolio
SKW Funding and Bain Capital Credit teamed up to purchase the four multifamily properties. The transaction is part of a plan to acquire $500 million worth of distressed notes over the next two to three years.
JV Acquires Houston Rental Property
Excelsa Properties and GoldCor Capital Partners purchased the 392-unit community, Bayou Parc at Oak Forest, as part of a $86 million value-add strategy.
Denver Multifamily Report – Summer 2019
Demand remained strong in the first five months of 2019, bolstered by population growth and employment gains, especially in high-paying professional services.
Affordability Solutions: Lessons from Denver
NMHC President Doug Bibby on an innovative pilot program that brings public and private stakeholders together to provide reasonably priced workforce housing.
Timberland Partners JV Open 243-Unit Community in Minneapolis
The development is part of the company’s Green Fourth project, which aims to reduce pollution. G4 includes 66 affordable units.
WinnCompanies Lands $11M Loan for Boston Redevelopments
The Clippership projects involve the demolition of four buildings and the construction of two new ones that are set to include 22 affordable apartments and 30 mixed-income condos.
Rastegar Property Acquires 2 Austin Communities
The company purchased Zilker Place Apartments and Redbud Bungalows, both of which are set to undergo capital improvements.