News
PA Retirement Community Completes Affordable Expansion
The $10 million project added 48 rental units for residents 62 and over to the existing Windy Hill Village, which houses 179 people.
Related Breaks Ground on SF Property
The 299-unit project, known as 1601 Mariposa, will include 60 affordable apartments and more than 9,400 square feet of street-level retail.
$35M Senior Housing Expansion Unveiled in FL
Kisco Senior Living is updating its Palm Beach Gardens La Posada community with the addition of Mallorca, a 54-unit building that will include a pub, a salon and outdoor socialization areas.
Michaelson Buys $10M Tampa Bay Community
The company purchased Forest Creek Apartments, a 104-unit property located in Largo, Fla., from Insula Capital.
LA-Area Property Commands $66M
HFF brokered the sale of The Andalucia, a 118-unit community located in Pasadena. The asset also features 11 affordable units and 7,500 square feet of retail.
Torchlight Investors, Hampshire Properties Snag MD Asset
Milestone Apartments has 576 units in 27 buildings spread across 32 acres of land. The new owners are planning a value-add strategy that will include various upgrades.
LMC Breaks Ground on Atlanta Mixed-Use Community
The 21-story Gentry will comprise 290 units and 6,000 square feet of street-level retail. First move-ins are scheduled to begin in mid-2020.
What Attracts Investors to the Southeast
West Shore’s Lee Rosenthal evaluates the potential of those markets and describes what makes a community appealing to Millennials and empty nesters.
Waypoint Residential Expands Student Housing Portfolio
The 576-bed property serves students attending the University of North Carolina at Charlotte. The new owner is set to upgrade the units, common areas and amenities.
Alpha Wave Expands in Utah
The company acquired the 94-unit Park Station Apartments, located in the Salt Lake City submarket of Midvale.