News
TH Real Estate Expands DFW Portfolio
Institutional Property Advisors negotiated the sale of Churchill on the Park, a 17-building, 448-unit community in Dallas.
Seattle Senior Housing Lands $115M
Columbia Pacific Advisors has received financing for 620 Terry, a 243-unit development that will include a concierge, a club room and a theater.
Nusbaum Breaks Ground on Virginia Beach Project
The $35 million Mezzo Apartment Homes will include 282 units and is seeking Earthcraft certification.
Decron Re-Opens Renovated CA Property
The firm invested $10 million to renovate the 440-unit Reserve at Chino Hills, modernizing the kitchens and flooring, as well as building a two-story clubhouse.
ABI Brokers $2.4M Value-Add Acquisition in Tucson
The 26,800-square-foot community received extensive renovations in 2017, with the current ownership having opportunity to finish interior upgrades and increase market value.
Western Wealth Completes $6M Divestment in Phoenix
The Canadian company initially bought a stake in the community in 2015, with the current transaction representing a 32 percent price increase compared to the original acquisition.
Timberland Partners Snags FL Asset
The company plans to invest $3 million in renovations to Huntington at Sundance, a 292-unit community in Mulberry.
SummerHill to Develop 172-Unit SF Community
KTGY is designing the mixed-use 988 El Camino Real, which will include a lounge, fitness studio, bike hub, dog park and trail.
Marcus & Millichap Brokers Sale of FL Communities
The two-property portfolio located in Sarasota, Fla., traded to a 1031 exchange buyer for $9.5 million. The brokerage firm represented both parties in the deal.
Airthings Presents First IAQ Radon System
The company recently introduced Wave Plus, an easy-to-use Android- and iOS-compatible device that delivers data analytics, which not only help prevent indoor air hazards but also reduce energy costs.