News
Greystar Develops Fort Worth Asset
Elan at River District, a community in the city’s River District, includes 325 units and 16 townhomes.
KTGY Designs LA Container-Based Homeless Housing
Aedis Real Estate Group’s Hope on Alvarado is the first in a series of area developments using shipping containers as a primary building material. The community will provide support services for people transitioning from homelessness.
Castle Lanterra Expands Denver Portfolio
The 44-year-old Mountain Vista Apartments marks the company’s second acquisition in the market. Eighty-five percent of the 257 units have been updated.
Dougherty Mortgage Closes $32M Loan for MN Community
The financing will be used to build Union Flats, a 217-unit affordable housing property in St. Paul. The community will be built on a site currently occupied by the Hunt Electric Corp. building.
Berkadia Closes Leasehold Sale of OC Community
Bridge Investment Group sold Coronado Palms, a 168-unit garden-style community in Anaheim, Calif., to Canyon Multifamily Impact Fund.
125 Greenwich Hits the Market
Rafael Viñoly and March & White are delivering the design plans for Bizzi & Partners Development’s upcoming 88-story luxury condominium skyscraper in Manhattan.
Madison Adds Director of Investments
Kyle Torpey brings extensive experience in the real estate investment sector. In his new role, he will be responsible for company transactions in both the U.S. and global markets.
Campus Advantage Adds New VP
Lindsay Brown has more than 14 years of marketing and leasing experience in the student housing industry. Previously, she worked at Asset Campus Housing for nine years.
American Campus Nabs $561M Student Housing Portfolio
The seven-property portfolio includes two existing communities, two communities slated to open this fall and three projects scheduled for delivery in Fall 2018.
Transwestern’s Houston Group Completes Sale of Pindo Pointe
Winslow Asset Management purchased the 164-unit community, which is located in Beaumonth, Texas.