News
Tryko Partners Buys Philly-Area Skilled Nursing Facility
The 129-bed facility, located next to the Fitzgerald Hospital in Yeadon, Pa., provides post-hospital care, short-term rehab and long-term residential care.
Atlantic | Pacific Expands in Atlanta With $36M Buy
The company used its Blue Atlantic Partners II investment fund to acquire the 240-unit asset, and it plans to renovate the property.
Allied Orion Taps New CEO
Ricardo Rivas, who previously acted as the firm’s chief investment officer, joined the company nearly 17 years ago and has facilitated the acquisition and development of more than 3,600 units.
Skanska Tops Off 12-Story RESA Community in NoMa
RESA is a 326-unit luxury development constructed along the NoMa Meander, a four-block pedestrian promenade connecting New York Avenue and Pierce Street.
JV Closes Financing for VA Waterfront Community
Located in Alexandria’s historic Old Town neighborhood, the property will feature three condominium buildings, 26 townhomes, additional ground-floor retail and a renovated pier.
American Landmark Snags 1st Ft. Lauderdale Community
The firm plans on rebranding the 2002-built Sheridan Lake Club as Beach Walk at Sheridan and investing $4.2 million in property improvements.
ABI Brokers $8M Sale of Lender REO Asset in Phoenix
The buyer plans to invest $1 million in interior and exterior upgrades to improve the property, which is situated across the street from the 19th Avenue/Glendale light rail station.
WWC Continues Phoenix Divestment Streak
The Canadian company acquired the asset in 2016. ROI from the current transaction is projected at approximately 18 percent over the 20-month term.
Waypoint Residential Acquires 2 Student Housing Properties
The company secured Social at Auburn, an 844-bed property near Auburn University in Alabama. The company also acquired Rockland West, a 500-bed community near the University of Kansas at Lawrence.
Stepp Commercial Completes $10M CA Sale
Waterford Residential acquired a four-story, 36-unit Long Beach community near the Recreation Park Golf Course, Bluff Park and Alamitos, Junipero and Peninsula beaches.