News
San Antonio Asset Trades in Off-Market Deal
Avistar at Chase Hill is an asset built in 1978, minutes from the University of Texas at San Antonio, with significant value-add opportunities.
80-Unit Affordable Housing Opens in FL
Oakland Preserve is green-certified housing in Oakland Park, Fla., representing the third collaboration between Pinnacle Housing Group and Building Better Communities.
Economy Watch: Apartment Market Fundamentals Beginning to Shift
The U.S. homeownership rate appears to have stopped falling after more than a decade of declines, according to a recent Apartment List Rentonomics report, which is likely to have implications for multifamily rental properties.
Tucson Communities Trade for $45M
The two apartment communities are adjacent to each other, on West Aerie Drive, near Interstate 10. The immediate area boasts a plethora of shopping and dining options.
TX Student Housing Gets New Management
The Woodlands of College Station serves students attending Texas A&M University and Blinn College. The community offers amenities such as a pool, fitness center and business center.
Q East Development in CA Secures $60M
George Smith Partners arranged the loan on behalf of California Home Builders for the construction of a mixed-use project including 241 units and 34,139 square feet of commercial space.
$58M Earmarked for GSU Student Housing
SunTrust Commercial Real Estate and a South City Partners affiliate have closed a loan to finance the $90 million, 26-story development.
Jonathan Rose Begins Leasing Brooklyn Community
Caesura, named after a pause in the middle of a line of music or poetry, features 123 studios and one- and two-bedroom apartments, in addition to 34 furnished micro units. Move-ins will begin in February 2018.
Chicago Apartment Tower Lands 3 Green Globes Certification
Green Building Initiative awarded the title, a commercial building designation equivalent to LEED Gold, to Fifield Realty Corp.’s NEXT Apartments, located in the River North neighborhood.
ABI Brokers $3M Phoenix Sale
Wilshire Place underwent full renovations prior to the transaction, which included interior and exterior improvements. The community is situated near public transportation and schools.