News
Dougherty Secures $13M Fannie Mae Loan for GA Asset
The financing will be used for the acquisition and rehabilitation of Riverstock Apartments, a 172-unit affordable housing property in Woodstock.
Transwestern Brokers Denver Community Deal
Jeff Sanders acquired the two apartment communities totaling 429 units for $30.9 million. They were built between the 1960s and 1970s and are located in improving areas close to downtown Denver.
CHC Real Estate Buys Class A Property in Odenton, MD
Cafritz Interests and Clark Enterprises Inc. sold NOVUS Odenton, a 244-unit luxury community. The asset was acquired free of any debt.
New Destiny Breaks Ground on Affordable Bronx Community
The Jennings will feature 42 units for low-income households. Alex Gorlin is the architect and Lettire Construction is the general contractor.
Q&A with Norman Radow, CEO at RADCO
Specializing in turning around “diamonds in the rough,” the RADCO founder discusses why Atlanta’s broad-based job and population growth are fostering demand for multifamily assets.
Manhattan Community Trades for $61M
The 117-unit apartment building is situated in the Gramercy Park neighborhood, while residents benefit from easy access to multiple public transportation options.
$50M Community Breaks Ground in Suburban NJ
A public-private partnership is developing Quin Sleepy Hollow, a 212-unit, amenity-filled project that is the largest upcoming residential development in Plainfield, N.J.
Empire Completes Ultra-Luxury Beverly Hills Apartments
Empire at Burton Way features a business lounge with smartphone charging stations and Internet-ready TV, Package Concierge locker system, fitness center, underground parking, electric vehicle charging stations and common-area Wi-Fi.
JPI Lands Financing for $104M San Diego Community
The 172-unit Jefferson Pacific Beach will encompass three acres and include 14,000 square feet of ground-level retail and creative office space.
IPA Intermediates Sale of Austin-Area Community
Vantage at Georgetown is a 288-unit community strategically located north of Austin in Georgetown, Texas. The property was acquired by Pensam Residential.