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Going With the Flow in Knoxville
Recent population gains sustain a strong demand for apartments across the metro, boosting development, which is on track to exceed the cycle average this year.
Robust Development Tempers Occupancy in Tampa
Multifamily demand is expected to remain strong across the metro, which has become a tech industry hotbed in recent years, due to housing affordability and a favorable tax and regulatory environment.
JV Brings Luxury Tower to $2B TX Mixed-Use
SkyHouse Frisco Station is the second community under construction at Frisco Station, a 242-acre development featuring urban living, office, retail, hospitality, health and wellness facilities, and parks and trails.
Fort Lauderdale Asset Secures $85M
A joint venture obtained the construction loan for 4 West Las Olas, a planned 260-unit riverfront rental community in Florida.
JV Acquires $200M AZ Development
Optima and Principal Real Estate Investors have procured phases I and II of Optima Sonoran Village Scottsdale. The partnership plans to develop phase III, which will feature a seven-story tower offering 176 apartment homes.
Phoenix Realty Acquires $28M Tampa Asset
Tuscany Villas Apartments in Brandon, Fla., will be rebranded as Alvista Sterling Palms. The company has plans to make significant exterior and interior upgrades to the property.
Deadline Extended for the 2018 MHN Excellence Awards
Don’t miss this opportunity to showcase your company’s projects and talent.
Top 10 Boston Completions of 2017
Developers focused on upscale properties, but also considered local regulations and incentives regarding the need for affordable units. Yardi Matrix rounded up the 10 largest deliveries in 2017’s Boston.
Buchanan Acquires $60M CO Property
The firm purchased the 240-unit Luna Bella in the Denver submarket of Lafayette. ARA Newmark represented the seller, Milestone Apartment Developers, in the transaction.
MG Properties Grabs $98M OR Apartments
The company acquired the 340-unit Thorncroft Farms Apartments in Hillsboro and plans to make upgrades to the property.