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Q&A with Behringer Harvard’s Jason Mattox
Following Behringer Harvard’s big year in 2010, Chief Administrative Officer Jason Mattox talks about the company’s strategy.
Hardin Construction Hard at Work on Another Green Affordable Seniors Housing Project
Smyrna, Ga.–Work is underway on the 88-unit affordable seniors housing project, Hardin Galleria Manor of Smyrna, which is being designed for LEED Silver certification.
IPA Brokers Sale of Florida Properties
IPA brokers the sale of two multifamily assets; KeyBank provides $71.9M in refinancing; and Cortland acquires condos through “friendly” foreclosure.
JV Acquires SoCal Student Housing for $43M
Riverside, Calif.–The Palms on University boasts a fitness center, computer lab, game room, tanning salon, pool and spa, and outdoor basketball and volleyball courts.
ZOM’s Avery on Southwestern Wins Best Garden Apartment Community
Dallas–NAHB has honored ZOM Inc. its 2010 Best Garden Apartment Community Award for The Avery on Southwestern, a 422-unit luxury multifamily property.
Westchester County Apartment Complex Sells for $28M
New York–Phoenix Realty Group and Property Resources Corp. have acquired a Westchester County, N.Y. apartment property for $28 million.
JP Morgan Buys Chicago Multifamily Trophy Property for $182M
Chicago–J.P. Morgan Asset Management will take a majority stake in the 87-story Aqua, a mixed-use development in downtown Chicago.
Behringer Harvard Adds 424-Unit District at Universal to Its Orlando Portfolio
Orlando, Fla.–With The District at Universal, Behringer Harvard continues to pad its portfolio with premier multifamily properties in core markets.
The Crossing Achieves LEED Gold Status in Orange County
Anaheim, Calif.–SARES•REGIS Group’s transit-oriented The Crossing has officially achieved LEED Gold certification.
Wood Partners Acquires Jacksonville Apartment Complex for $14M
Jacksonville, Fla.–Wood Partners has acquired the 168-unit Magnolia Village Apartments in Jacksonville on a short-sale basis for a reported $14 million.