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What Residents Love in a Property Website
In a world where almost anything can be done online, a great website can be a game-changer for a community. Here’s what to include and what to avoid.
Castle Lanterra Expands Atlanta Portfolio
The acquisition of a 280-unit value-add community in Cobb County represents the New York-based company’s third foray in the local multifamily market.
The Praedium Group Buys 367-Unit AZ Community
The real estate investment firm acquired the newly built asset in Tempe from JLB Partners in a deal subject to a $57 million loan. More than half a million jobs are located within a 10-mile radius.
$43M Earmarked for Florida Housing Project
Blue Sky Communities will use the financing provided by TD Bank to develop The Preserve at Sabal Park, a Tampa Bay-area community designated for working-class families.
Lantower Residential Pays $75M for Orlando Luxury Community
Wood Partners sold the 314-unit Alta Grande property to Lantower Residential of Dallas in a deal negotiated by Cushman & Wakefield’s Florida Multifamily Team.
FCP Buys Philly High-Rise for $118M
The 286-unit community is FCP’s fourth acquisition of a Class A property in Philadelphia’s Center City. Also included is a potential development site.
Brookdale Senior Living Lands $111M Freddie Mac Loan
Arranged by KeyBank Real Estate Capital, the financing is secured by a 14-property portfolio across the country totaling 1,100 assisted living and memory care units.
San Francisco Condo Project Lands $99M Loan
Stockbridge Capital Group and Wilson Meany will use the financing to develop the 262-unit Yerba Buena Island community within Treasure Island, a multi-billion neighborhood taking shape on a 393-acre manmade island.
29th Street Capital Expands Phoenix Footprint
The company purchased a 168-unit community in Avondale and plans to invest more than $2.1 million in capital improvements. Its local portfolio now totals more than 2,500 units.
Ultra-Luxury Condo Tower Underway in Philadelphia
Dranoff Properties’ $253 million, 47-story residential high-rise at the corner of Broad and Spruce streets will feature more than 36,000 square feet of amenities.