Finance & Investment
Pennrose Properties Opens Phase I of Affordable Community Redevelopment
The two-phase project totaling 300 units is the largest public housing development in Schenectady, N.Y.
Lynn University Breaks Ground on $41M Student Housing Project
The 342-bed residence hall will provide affordable housing to upperclassmen as of fall 2022.
Forrest Street Partners Buys Atlanta-Area MHC, RV Community
The new owner will implement significant improvements at the 307-site Riverside Estates.
GMH, CBRE Partner on Student Housing Initiative
The joint venture’s first acquisition was an 816-bed community in Marietta, Ga.
Tricon Residential Forms $5B SFR Joint Venture
The firm’s latest partnership plans to acquire more than 18,000 homes in the Sun Belt.
Graycliff Capital Trades Cincinnati Luxury Community for $21M
The 93-unit multifamily asset last changed hands in 2016 for nearly $22 million.
Blackstone Expands Affordable Housing Presence
The firm will acquire AIG’s interest in a portfolio totaling 83,000 units across the U.S.
Knoxville Apartments Sell for $15M
The joint venture buyer plans to rehabilitate and rebrand the 146-unit community.
Bridge Investment Picks Up 348-Unit Garden-Style Asset
Wasatch Property Group sold the Salt Lake City-area property after almost 30 years of ownership.
RockFarmer Buys Austin Value-Add Community
The acquisition of the 164-unit multifamily property marks the company’s first foray into the metro.