News
Leon Capital Breaks Ground in Austin
The 262-unit Society will have a heavy focus on technology, pulling inspiration from the city’s reputation as a tech destination. Amenities will include creative office space and a resort-style pool.
Historic Student Community Opens After Renovation
Corbin Hall at the University of Kansas, Lawrence now offers 149 bedrooms for women. Upgrades include new mechanical systems, a new main entry and improvements to all rooms, restrooms and public spaces.
Vista Realty Partners Sells Community in Atlanta Burb
Completed in 2017, Northridge Vista Apartments is a 220-unit property in Sandy Springs, Ga. The new owner is New York City-based Hudson Capital Properties.
ARA Acquires 329-Unit Atlanta Luxury Community
The LEED Gold-certified Azure on the Park in Midtown overlooking Piedmont Park offers five designer interior collections and upgraded penthouses.
Berkadia Arranges Sale, Financing of TX Property
Olympus Properties purchased the 346-unit Houston-area community from Trammell Crow Residential and Prime Property Investors.
On the Market: 4 Interesting Listings for the Week of 9/10
This week’s listings include a box factory that was remodeled into multifamily in 2017, located in Richmond’s Manchester neighborhood, as well as a property in Albuquerque that presents a unique opportunity.
Cohen-Esrey Acquires 352-Unit KC Community
The previous owner of the 1986-built property invested close to $2.5 million in renovations and upgrades during the last five years.
Age-Restricted Community in DFW Changes Hands
Marcus & Millichap brokered the sale of the 240-unit senior community located south of central Dallas. The buyer received a $20.3 million, 10-year Fannie Mae acquisition loan.
Spectrum Retirement to Add 2 Properties in Suburban Chicago
The communities located in Elgin and Algonquin are set to provide a total of 341 units, including independent living, assisted living and memory care facilities.
City Club Apartments Breaks Ground in KC
The development is located in the city’s Crossroads neighborhood and is set to include 283 units, as well as retail and dining space.