News
Nusbaum Opens Doors of 1st MD Project
The Fred, a 240-unit apartment community, is situated only an hour away from Baltimore and Washington, D.C. The company initially invested $50 million into the development, which broke ground last year.
Transwestern Debuts The Hayworth in Houston
The new 246-unit luxury community in Houston’s upscale Tanglewood neighborhood offers large floorplans and a variety of amenities.
TA Realty Pays $135M for South Florida Community
The Related Group and its partners sold the property, which is part of the 55-acre CityPlace Doral development in the Miami area.
Greystar Unveils Elan River District in Fort Worth
The 325-unit luxury community is located along the Trinity River on the west side of Fort Worth. The units include high-end finishes and resort-like amenities.
$58M Financing Earmarked for Atlanta Portfolio Acquisition
George Smith Partners secured the financing for the 680-unit workforce housing portfolio. The two buildings will undergo a $5.5 million renovation.
Economy Watch: Apartment Rents Edge Up in Some Markets
November marked the largest month-over-month increase in U.S. median rent for apartments so far this year, according to a recent ABODO report.
Radnor Property Group Opens Vue32 in Philly
The $55 million project includes 164 units and roughly 14,000 square feet of first-floor retail space. A second phase is slated to open in November 2018.
Greysteel to Sell VA Affordable Housing Portfolio
The company was tapped to market Lexington Commons in Newport News, Va., and Parkwood Manor in Norfolk, Va., totaling 232 units.
NY Nursing Facility Lands $25M Refi
Greystone provided the HUD-insured loan for Adira at Riverside Rehabilitation & Nursing in Yonkers, N.Y. The financing carries a 30-year term at a low, fixed rate.
UIP Snags $32M MD Community
The company purchased the 212-unit Walker House in Gaithersburg, Md., from Washington REIT. UIP plans to renovate the older apartments and some of the community common areas.