News

Fogelman Adopts Yardi Matrix Platform

The firm plans on using the data about supply, demand, sales, loans, leases and other factors to identify markets they might consider investing in.

Heavy Demand Powers Development Surge in Indianapolis

The apartment boom continues in the city, spurred by demographic factors and a strong economic engine.

PAC Sells $43M Suburban Raleigh Asset

Built in 1997, the 328-unit Lake Cameron was the oldest property in the company’s portfolio, having most recently traded in 2006 for just above half the current price.

Victor Group, Lendlease Top Out on NYC Skyscraper

The 55-story, ultra-luxury 277 Fifth Avenue condominium tower, designed by Rafael Viñoly, will feature 130 one- to four-bedroom apartments.

Luxury Mixed-Use Project Kicks Off in Texas

The 298-unit property will be situated one block away from the University of Texas at Arlington and will also offer 9,000 square feet of retail space.

Meadow View Townhomes, at 4801 Marshall Ave.

JV Buys 400 Units in VA

The partnership acquired 77 buildings of the total 95 at the Newport News community. The acquisition is the fourth for Brick Lane in this area, and the first for Red Starr in the last five months.

SOJO to Develop Brownstones in North San Antonio

The SOJO Commons townhomes will be energy-efficient and solar ready, with prices starting from the $500,000s to the $800,000s.

CIM Group Breaks Ground on CA Project

Plans for the eight-story building call for more than 300 apartments above street retail in Oakland’s Jack London Square district.

3748-54 W. School St., Chicago

Interra Realty Closes Sale of Vintage Chicago Community

The 12-unit Avondale multifamily property sold for $2.8 million. The price per unit set a new record for vintage apartment buildings in the neighborhood.

TMG Facilitates Sale of California Community

The property located in Visalia, Calif., traded to a Santa Barbara-based private investment group for $19.2 million, which equates to $131,507.