News
HFF Secures JV Equity for 255-Unit CO Project
Senior Director Mark Erland, Managing Director Josh Simon, along with Directors Matthew Benson and Leon McBroom, worked on behalf of the developer, Price Development Group.
Orlando Closes the Year in Style
As population gains further bolster demand, multifamily rents are prone to above-trend growth in the foreseeable future.
Central NJ Community Taps New Management
Built in 1989, the 432-unit garden-style property consists of 18 three-story buildings and is located within three miles of both interstates 195 and 295.
Top 10 St. Louis Apartment Owners
Several local investors have emerged as the city’s top community buyers, due to the city’s emerging startup scene and business-friendly environment.
Mogharebi Completes Sale of LA Community
Loma Vista Apartments, located in the Pacoima neighborhood of Los Angeles, changed hands for nearly $11 million. Mogharebi represented the seller and the buyer in the deal.
Old Adobe Management Sells $26M CA Community
Acting on behalf of the seller, Levin Johnston brokered the record-breaking price-per-unit sale of Velocity at Lawrence Station, which commanded $465,250 per apartment.
Affordable Community to Replace Former MA Mill
MassHousing closed on $17.1 million in financing for the development of a 102-unit affordable housing community in Lawrence, involving the preservation of a former industrial property and remediation of a brownfield site.
Capstone Expands TX Footprint
The 10th-largest affordable housing management company added more than 800 apartment units to its portfolio, extending its reach to nearly 80 cities.
The Praedium Group Acquires TX Community
Located in the Dallas-Fort Worth suburb of Grapevine, the 291-unit Terrawood comprises one- to three-bedroom apartments and amenities such as a salt water pool and glass-encased conference center.
Collier Cos. Sells Tampa Bay Community for $30M
Marcus & Millichap worked on behalf of the seller in the disposition of Lakeside Apartment Homes, a 228-unit asset in Brandon, Fla.