News

Related Midwest Unveils Chicago Luxury Tower

Landmark West Loop, located in the West Loop neighborhood, is a 31-story, 300-unit community designed by architect Morris Adjmi.

Castle Lanterra Buys in Denver Metro

Built in 1972, Sunset Ridge Townhomes in Westminster, Colo., includes 280 units featuring a mixture of two-bedroom and townhome units.

Gebroe-Hammer Closes $89M Sales in Suburban Philly

The company brokered three transactions of properties located in three different counties in the South Jersey market. The apartment communities comprise 896 units.

Public Housing Goes Green

The financial challenges of operating permanently affordable housing seem inevitable, but a growing number of public housing authorities are embracing sustainability projects to offset costs, increase operating efficiency and improve residents’ quality of life, according to panelists at the 2017 Greenbuild conference.

4 Emerging Multifamily Products

More than 100 exhibitors gathered at NMHC’s OpTech in Las Vegas to showcase the latest in today’s multifamily technology. Read about some products that are changing the industry.

Jefferson Promenade

JPI Closes Financing for Upscale TX Community

Located in the Las Colinas neighborhood of Irving, Texas, Jefferson Promenade will include 387 units. The property will be located close to the 1,000-acre Cypress Waters master-planned development.

Phoenix Condo Project Site Trades for $1.6M

ABI Multifamily facilitated the land sale, which includes the planned development of a three-story, 16-unit luxury community called Aeries Townhomes.

Hunt Secures Fannie Mae Loan for TX Portfolio

The sponsors obtained two loans to refinance the 888-unit, three-property portfolio. The proceeds will pay for energy- and water-saving improvements.

ARIUM San Remo

Carroll Organization Closes Sale of 180-Unit FL Asset

The 180-unit ARIUM San Remo features two- and three-bedroom townhomes ranging from 1,141 to 1,517 square feet. The company acquired the property in April 2014 as part of its Carroll Multifamily Real Estate Fund III LP.

JPI Scores $136M Loan for CA Apartments

Jefferson Platinum Triangle, a 400-unit property in Anaheim, will include a gym with a yoga studio, two resort-style pools with spas, a media room, a dog wash station and 730 parking spaces.