News

Franklin Street Facilitates $2M Miami Sale

Oscar Banegas, Kameron Djamal and Dan Dratch represented the seller in this transaction. Director of Capital Advisors Tony Gannacone secured financing for Sabal Capital Royal Palms Apartments.

Michael D'Agostino, Senior Director, Kiser Group

Kiser Group Appoints New Senior Director

Michael D’Agostino joined the company three years ago and brokered the sale of more than 1,000 units. He oversees Chicago North Side transactions.

Marcus & Millichap Brokers San Diego-Area Buy

Chris Zorbas, senior managing director with Marcus & Millichap, represented the seller in this deal, while ACI Principal Terry More worked on behalf of Paolo & Elisa, the buyer.

Student Housing Trends 2018: More Smart Living

Vesper Holdings’ Elliot Tamir shares the most popular student housing trends in 2018 and his expectations for the sector in the second half of the year.

ACI Arranges Sale of Small San Diego Community

Principal Terry Moore represented the buyer, while South Coast Commercial Vice President Ben Vogelsang worked on behalf of the seller in this $1.6 million deal.

Stamford Waterfront Community Opens Doors

Building and Land Technology’s Harbor Landing Apartments sits within a mixed-use development encompassing restaurants, a new boatyard, marina and a boardwalk.

Praedium Group Snags Houston Community

Discovery at Mandolin comprises 260 units and access to a dog park, a fitness center and a cybercafe. The property is set to undergo capital improvements.

South FL Value-Add Property Sells for $44M

ARA Newmark’s Vice Chairmen Avery Klann and Hampton Beebe, together with Director Jonathan Senn, worked on behalf of the seller in the transaction.

Greystar-Led Fund to Acquire EdR for $4.6B

Blackstone also factored into the deal, forming a joint venture with GEdR to purchase approximately 10,500 beds across 20 assets for $1.2 billion.

Alliance Property Gets LIHTC Funding for Affordable Housing in Vegas

The 72-unit Owens Senior Apartments will receive sustainable upgrades, and the rehab should be complete in early 2019.