News

FirstService Chosen to Manage Atlanta Luxury Condos

The company will oversee 52 private residences at 1065 Midtown Condominiums, which sit atop a 40-story hotel building and feature floor-to-ceiling glass with views of Piedmont Park.

LMC Adds 240 Units to Denver Portfolio

The mixed-use property includes 5,200 square feet of ground-floor retail space in the RiNo neighborhood and provides access to Denver’s Central Business District.

Pennsylvania Student Housing Portfolio Changes Hands

Rittenhouse Realty Advisors arranged the sale of the 44 properties for $21.3 million to a purchaser new to the student housing market.

Wood Partners Expands Houston Luxury Multifamily Footprint

Alta River Oaks, the 364-unit property, is located near the company’s Alta West Alabama development, which will have 304 units and also open in 2020.

Madison Marquette, GFH Financial Group Buy 6-Building Senior Housing Portfolio

The joint venture purchased properties located in California, Washington and Michigan totaling 509 units.

St Louis Matrix Report Photo by Sean Pavone iStockphoto.com

St. Louis Multifamily Report – Summer 2019

Household creation continued at a healthy pace throughout the metro in the first five months of 2019, boosting multifamily demand and paving the way for rent growth.

Brush + Watson

Michigan Awards LIHTC for 536 Affordable Units

The state selected five projects in Detroit for the federal tax credits, which will support the construction of 235 new units and preserve the affordability of 318 existing units.

Roxborough Group, SB Real Estate Expand in West Phoenix

The rebranded community is situated near the upcoming $1.7 billion extension of Loop 202. The new owners plan to fully renovate the property.

Harbor East, Bozzuto Group Open Luxury High-Rise on Baltimore Waterfront

Dubbed Liberty Harbor East, the 22-story community is situated on the site of a former Bethlehem Steel shipyard.

Greystar Breaks Ground on First-Ever Portland Project

The multifamily giant is building its first ground-up development, a 182-unit rental community in the Goose Hollow neighborhood of the city.