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Continental Sheds 4 in Baltimore
Arranged by Transwestern, the sales include a pair of communities acquired by Schweb Partners and two purchased by Kindred Property Group.
Condo Development on Biscayne Bay Nearly Complete
The Miami property was developed jointly by South Florida-based developer Two Roads Development and GTIS Partners, a global real estate investment firm headquartered in New York.
Lantower Residential Acquires Austin Apartments
The 375-unit NXNE was completed in 2016. Located in the Tech Ridge district, the community is near several employers, including Dell, Apple, IBM and Samsung.
San Francisco’s Top 10 Apartment Owners
Based on Yardi Matrix data, the list includes properties in all stages of development at a time when apartment construction in the city is at a 75-year high.
QuadReal Invests $600M in Student Housing JV
QuadReal invested $600 million of equity into a partnership with CA Student Living (CASL) and GI Partners. The joint venture’s initial portfolio includes 10 geographically diversified properties, developed and managed by CASL, in 10 major university markets across nine states.
Eden Breaks Ground on $87M North Miami Beach Property
NOMA North Miami Beach, a 354-unit mixed-use project, will be the first of its kind to rise in the new urban town center on the city’s east side.
Berkeley Point Provides $2.2B in Financing for Starwood-Milestone Deal
The public-to-private transaction includes a portfolio of 74 assets, built between 1974 and 2016 and containing nearly 23,000 units.
Sunrise to Helm Lease-Up at Luxury SoCal Community
Located east of San Diego in El Centro, Calif., the project will comprise 242 units developed in three phases. Leasing of the 84-unit, $12 million first phase is underway.
Premier Developers Snags $65M for FL Condo
Madison Realty Capital provided the loan for the Fort Lauderdale development. Called Riva, the property is two-thirds complete and scheduled for completion in September.
Can Housing Keep Up with Job Growth?
At the 2017 ULI Spring Meeting, Alan Durning of the Sightline Institute and Clyde Holland of Holland Partner Group discuss possible solutions to the nation’s housing shortage.