News
Animal House: Are Residents Happy With Pets at the Community?
This month MHN and Kingsley Associates explore apartment pet policies and how renters feel about them.
Greystone Provides Freddie Mac Loan for Affordable KC Asset
Keith Hires, managing director in Greystone’s Atlanta office, obtained the acquisition loan for Alcazar Apartments, a 142-unit community in the southern part of the city.
MBK Rental Living to Open CA Luxury Property
Located in Paso Robles, Blue Oak will encompass 85 units and 56 townhomes. Rentals are already available, with Alliance Residential handling both leasing and property management services.
DC Apartment Community Trades for $42M
The new owner, Urban Investment Partners, is planning to implement a $1 million capital improvements plan to upgrade and renovate the asset located at 3333 Wisconsin Ave.
KRE Group JV Secures $210M for Jersey City Tower
In a partnership with National Real Estate Advisors, the firm closed on the permanent loan for the first of three residential buildings within its mixed-use Journal Squared development.
CA JV Acquires Value-Add Asset in Austin
Dekel Strategic Investors and Arrowroot Real Estate are planning to make renovations to Mueller Place, which was built in 1969.
Nonprofit Breaks Ground on MN Affordable Housing
Developed by Aeon, The Louis will add 70 units near the Prospect Park neighborhood. A quarter of the apartments will serve residents earning 30 percent of the area’s median income.
Avison Young Facilitates Sale of 171-Unit NC Asset
Signature Place Apartments in Greenville changed hands for $14.8 million. Vice President Craig Cadwallader and Senior Vice President Gary Lyons worked on behalf of the buyer in the transaction.
Rittenhouse Realty Facilitates Sale of Philly Luxury Property
The new building features several interior and exterior high-end amenities and provides residents with immediate access to the city’s busiest areas.
Cushman & Wakefield Arranges $60M Miami Sale
Advenir acquired the value-add Vista Verde at Westchester, which includes 302 units. The community is located near Florida International University.