News
Energesco Provides LED Upgrades for MD Communities
Working on behalf of Federal Capital Partners, the exterior LED-light upgrade projects are expected to reduce annual electricity expenses by more than $25,000.
Pinnacle Lands Management of DFW Community
The 273-unit luxury property, which opened at the end of 2016, features a mix of one- and two-bedroom apartments across 10 buildings.
American Realty Advisors Welcomes New Executive VP
Based in Chicago, industry veteran Glen Weisberg will oversee the firm’s multifamily acquisition and disposition strategy.
Troon Pacific Names New Sustainable Design Development Coordinator
Having an arts background, Clark Rendall will be responsible for the sustainability and wellness goals for the company’s new projects.
IPA Arranges $50M Multifamily Portfolio Sale
Situated in the eastern San Francisco Bay area, the 268-unit communities were purchased by Jackson Square Properties.
Trammell Crow, HQ Capital to Develop Inland Empire Apartments
The 211-unit, transit-oriented Alexan Montclair was designed by Architecture Design Collaborative and construction is expected to start immediately.
WNC Earmarks $94M for CA Affordable Portfolio
A recently closed LIHTC fund is providing capital to acquire and renovate 972 units in Los Angeles, Sacramento and other California cities.
Oversupply Softens Rent Growth in Portland
A healthy job market and strong population gains continue to sustain multifamily demand across the metro, where more than 5,000 apartments are scheduled for delivery in 2018.
Castle Lanterra Sells $50M Chicago Community
The 424-unit Midpointe underwent extensive upgrades to both the interiors and exteriors, including the addition of a resident lounge and fitness center created from underutilized storage space.
Chestnut Hill Sells 17-Unit Cambridge Community
Situated within walking distance of Harvard University and the Massachusetts Institute of Technology, the multifamily property traded for $11.9 million.