News

The Altman Cos. Opens New Altís-Branded Community

The South Florida luxury apartment community features an energy-efficient design and amenities including a spa, salt water pool and 24-hour fitness center.

Greysteel Director Rawles Wilcox negotiated on behalf of the seller

Value-Add Portfolio Trades in Norfolk, VA

The five-community portfolio offers 124 units and easy access to the beach. The buildings are located near several planned projects in the Ocean View area.

Senior Living Community Opens in MO

The 104-unit Castlewood Senior Living is the first community of its kind in Christian County, Mo., providing independent and assisted living alternatives.

Lakeview at Superstition Springs

MGPG Buys AZ Community for $101M

Lakeview at Superstition Springs comprises 44 buildings which overlook five lakes. The apartment community is undergoing a series of interior renovations.

Hunt Secures Fannie Mae Loan for FL Student Housing

Completed earlier this year, the Highlands Apartments is 100 percent leased. The community is an off-campus property serving students at the Florida State University.

Mill Creek Starts Preleasing at The Griffith

The 220-unit apartment community in Glendale is within 20 minutes of downtown Los Angeles. The area hosts employers such as Disney’s Grand Central Creative Campus and DreamWorks Animation.

Investors Snag Atlanta-Area Apartments

Franklin Street has facilitated the sale of two apartment properties: Salem Chase Apartments in Conyers, Ga., and Delta Appletree Apartments in southwest Atlanta.

Foster + Partners Completes First Lebanon Project

3Beirut encompasses 1 million square feet of residential and retail space. The development is part of the master-plan for the regeneration of central Beirut.

Estero Oaks

Greystone Secures $45M Loan for Estero Asset

Completed in late 2016, the community leased up quickly, becoming eligible for a higher proceeds loan under the traditional Fannie Mae program.

Transit-Oriented Development Accelerates in Queens

An expanding pipeline and affordability issues are putting pressure on rent growth, but the borough’s multifamily market continues to show signs of long-term stability, due to New York’s overall strong fundamentals.