News
Kettler Announces New President
As the newly appointed president of the property management division, David Ohlrich will replace Cindy Clare and report directly to COO Usha Chaudhary.
SF Bay Community Changes Hands
HFF brokered the sale of Atlantic Apartments, a 186-unit value-add, garden-style community in Alameda, Calif., on behalf of the buyer.
Talonvest Secures $21M Refi for CA Property
Bascom San Francisco received the funding to complete the remaining upgrades on LUXE 1801, a 109-unit community in Alhambra, Calif. The company acquired the property in 2015.
The Habitat Co. Acquires 3 Chicago Properties
The properties, totaling 498 units, are Renaissance West in Logan Square and Lyndale Place in the Bucktown area, both on the Northwest Side, and York Terrace Apartments in the South Side’s Prairie District.
Eastside Station Changes Hands in Off-Market Deal
Atlanta-based Pollack Shores bought a new 330-unit community in East Austin. The partially affordable development is conveniently located within walking distance of the medical district as well as Google and Facebook’s new downtown offices.
Berkadia Brokers Sale of 2 FL Properties for $48M
The two properties include Twenty 35, a 200-unit property in Safety Harbor and The Park at Windsor, a 224-unit community in Northeast Tampa.
Biophilic Architecture & Multifamily
At the the 2017 Greenbuild conference, panelists discussed a design strategy that incorporates natural elements to impact the health and well-being of building occupants.
Queens Condos to Feature Mural
Canvas, a new condo development in Long Island City, Queens, has launched sales. The building will feature artwork curated by local artist Jojo Anavim, capped by a 60-foot-tall, hand-painted mural on the façade of the building.
Aussie Developer Caydon Breaks Ground on First US Project
The community, 2850 Fannin Street in Houston, will be 27 stories tall and include 357 units. Amenities will include a pool with swim-up bar, yoga studio, dog park and sky lounge.
Lexington Homes Begins Sales at Chicago Community
Lexington Heritage in Arlington Heights, Ill., offers 48 homes in two styles, the Mews Collection of three-level rowhomes and the Club Collection of two-story townhomes.