News
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.
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.
RADCO Sells GA Community for $61M
The property is situated near Atlanta’s Perimeter, and offers residents plenty of shopping, dining and transit options within short distances.
Walker & Dunlop Arranges $15M Loan for Manseau Flats
The Green Bay area multifamily project is slated for completion in October 2018 and will be built using environmentally friendly techniques.
Investors Eye Robust 2018: Capital One
According to the company’s latest survey of 121 industry professionals, the new year will bring investors to search for value outside of urban core markets and get back to being active buyers and sellers.
CIM Snags Apartment Community in Suburban DC
EOS Twenty-One offers 1,180 units across 14 buildings. The asset is part of the Van Dorn Corridor and has undergone recent renovations.
Security Properties Buys $43M Vegas Asset
Martinique Bay received renovations to 91 of its units before being sold off to Security Properties. The company plans to add value to the property by improving the rest of the units and also add exterior upgrades.