News
Senior Living Merges Tech with 5 Senses
Communities for older residents are finding creative ways to incorporate technology. Dean Maddalena, president of Texas-based studioSIX5, explains the benefits of providing these properties with the latest devices.
CBRE Brokers Sale of $56M Portland Community
The company represented the seller in the $56 million transaction of a 50-building community, Witham Hill Oaks Apartments, which was built in three phases, between 1968 and 1998.
Cush & Wake Secures $22M NC Community Sale
PRG Real Estate sold the 15 two-story buildings to Dasmen Residential. The community last traded in 2012, when PRG Real Estate purchased it for $13.6 million.
Passco Trades Remaining Interest in KS Property for $48M
The company sold The Village at Lionsgate, a 360-unit community in the Kansas City MSA. Mac Crowther, vice chairman at ARA Newmark’s Kansas City office, represented both parties in this transaction.
ForBrandStore: Multifamily Marketing Made Easy
ForRent.com debuted ForBrandStore.com to streamline the process of purchasing branded goods for promotional needs.
Boutique Project Hits SoMa
Developed by Align Real Estate and managed by Alliance Residential Co., 923 Folsom brings 115 residences to the San Francisco neighborhood.
Cush & Wake Closes Sonoma County Residential Development Sale
Blackpoint Management nabbed a fully entitled site approved for 90 units in Rohnert Park, Calif. Cushman & Wakefield advised Aldridge Development on the $3.6 million sale.
Investment Strategies: Real Estate Gets Hyperlocal
Real estate is moving from local to hyperlocal as big names in the industry team up with local investors and brokers for their sales expertise. Leadkit’s JJ Imbeaux discusses the trend of “small batch” and “craft” culture and what it means for the real estate industry.
LA Community Wins 1st WELL Multifamily Certification
Operated by Proper Hospitality, the 200-unit Hollywood Proper Residences opened in June as part of Kilroy Realty’s Columbia Square development.
University Developments Brings Student Condos to Miami
The 492-unit University Bridge Residences will serve Florida International University students and is scheduled for completion in time for the 2020-2021 academic year.