News
Why Grosvenor Likes Seattle’s Condo Market
Alex Henderson, who leads Grosvenor’s Puget Sound Co-Investment team, foresees renewed interest in development, given the potential oversupply of rental product and undersupply of for-sale product in the area.
Hudson Cos. Snags $64M for San Jose Mixed-Use Project
Vespaio is a seven-story mixed‐use project with 162 units and 39,042 square feet of retail and commercial space.
Former Durham Hotel to Become 342-Unit Community
Alliance Residential purchased Crown Park Hotel, the company’s first asset in the Triangle. Karl Hudson with Foundry Commercial represented the buyer in this $10.5 million transaction.
JV Premieres NJ Luxury Community
Dinallo Construction and Russo Development have opened Waldwick Station, a 110-unit transit-oriented development located on a former industrial site.
Demand Breaks Records in Salt Lake City
Solid employment gains are producing a high demand for apartments across the metro, which continues to attract investors and developers alike.
KeyBank Secures Financing for 6 Senior Housing Assets
The skilled nursing facilities are spread across Vermont, New Hampshire and Rhode Island and encompass a total of 664 beds.
Waypoint Acquires Asset Near Chicago
KIG CRE arranged the sale of Two Itasca Place, a 70-unit property located in Itasca, Ill. The asset is one of Waypoint’s first acquisitions in the Midwest.
Bay Harbor Island Development Site Commands $21M
Colliers Senior Vice President Larry Stockton led the team that represented both the seller and the buyer in the transaction.
Top 10 San Antonio Apartment Owners
The city’s favorable demographics and healthy job creation attracts developers and investors alike. The market’s prosperous performance spurred new investments across the metro, including more than $780 million in deal volume during the first half alone.
Multifamily Deliveries Slow as Worker Scarcity Increases Construction Times
Longer development periods for multifamily assets could have a substantial impact on the market. Here’s a look at how.