News
Carmel Partners Sells $129M Upscale Denver Property
Westend, a 390-unit property built in 2015, was 93.5 percent occupied at the time of the sale.
Rebranding Your Property for Success
There’s much more to the process than changing a community’s name. In a time of intensifying competition, effective strategies can revitalize a property, boost revenue and improve resident retention. Here are some tips for effective revitalization.
GEM Property Management Exits St. Louis in $180M Sale
The nearly 2,000-unit portfolio sale is the largest multifamily transaction in the city’s history, encompassing six communities in southern St. Louis County.
Greystar Buys $84M CA Property
The firm acquired Pacific Court Apartments, a transit-oriented and value-add property in downtown Long Beach. The buyer plans to upgrade the interior as well as the communal area amenities.
LA-Area Property Sells for $45M
Berkadia brokered the sale of Sunset Plaza, a 183-unit property located in West Covina. The firm represented both the seller and the buyer in the transaction.
Carrfour, Green Mills Complete Miami Affordable Housing
Karis Village, an 88-unit community, includes a computer lab, a fitness center and an outdoor barbecue area.
Majority of Homes Not Affordable for Average Workers
A report from ATTOM Data Solutions found that the median home price in the first quarter to date is not viable in 68 percent of the 466 U.S. counties analyzed.
Leviton Debuts Modern Load Center
The product is easy to install and provides increased safety for contractors. Its interface allows fast and easy diagnosis of possible faults.
Arbour Valley Debuts FL Veteran Housing
Doster Construction Co. served as the general contractor for Arbours at Tumblin Creek, a 64-unit senior housing community in Gainesville.
Strong Economy Lifts Real Estate in Salt Lake City
Due to robust employment and solid demographics, Utah’s largest city is generating demand across all asset classes.