News
The Praedium Group Expands Inland Empire Holdings
The New York City-based real estate investment firm acquired Lasselle Place, a 15-building rental community located in Moreno Valley.
The Habitat Co. Takes Charge of Chicago Affordable Housing Portfolio
The firm now manages an additional 18 affordable communities owned by the Chicago Housing Authority. The properties are located across the Windy City’s West and South sides.
Redwood Capital Buys New Charlotte Community
The real estate investment manager bought the 245-unit asset from developer Proffitt Dixon Partners. The property is located in the city’s Ballantyne neighborhood.
Phoenix Apartments Command $69M
CBRE Capital Markets provided Lurin Capital with a $43 million acquisition loan for the purchase of the 283-unit luxury community.
Affordable Housing: Is Austin Becoming the Next Palo Alto?
Affordable Central Texas’ David Steinwedell and Carleton Residential Properties’ Printice Gary share their views on Austin’s looming affordability crisis in the workforce housing sector.
Pizzuti Renovates, Expands Columbus Community
The first phase in the company’s redevelopment effort at the former Grant Oak Apartments is underway. Phase two is slated to begin this fall.
JV Buys Student Housing Near Clemson University
The Preiss Co. and a fund advised by Crow Holdings Capital have acquired a 598-bed student housing community in Clemson, S.C.
Interra Realty Promotes 2 Managing Partners
Joe Smazal and Brad Feldman, who have been with the company for more than five years, will serve as senior managing partners.
Historic Downtown Houston Building Changes Hands
Randall Davis Co. converted the 79-unit Hogg Palace Lofts into a residential property in 1995. The building once served as a showroom and office for automobile retailer Armor Auto Co.
NorthMarq Arranges KS Portfolio Transaction
Senior Vice President & Managing Director Jeff Lamott facilitated the sale of three multifamily assets in Topeka. Vertex Investments is the new owner of the 216 units.