News

San Diego Community Lands $6.2M Refi

Situated in the heart of Little Italy, VIVO Little Italy is a seven-story property featuring a mix of studio, one- and two-bedroom floor plans.

True North Sells 512-Bed TN Community

The property, which also landed new management, offers a mix of one- to four-bedroom student apartments near Middle Tennessee State University.

Marcus & Millichap Brokers Sale of MN Community

A limited liability company sold Mount Royal Manor for nearly $11 million. The mid-rise community is situated near the University of Minnesota Duluth campus.

Elmington Lands $24M Construction Loan

The two-year HUD loan will finance the development of Twelfth & Wedgewood, a 153-unit affordable housing project in Nashville.

Aztec Group Secures Sale of 27 KSF Fort Lauderdale Site

Broman and Uri Redler of Moderno Development exclusively engaged the company to sell the 27,000-square-foot site. Managing Director Peter Mekras arranged the transaction.

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.