News
LA Koreatown Community Trades for $9M
Lion Real Estate Group sold Kingsley Tower, a 45-unit apartment building it acquired in 2012 for $4.2 million and then repositioned.
FCP to Provide Financing for Charleston Community
The company is collaborating with White Point Partners and Middle Street Partners on the 275-unit Foundry Point, located in the NoMo neighborhood of Charleston.
Brooklyn Condo Tower Kicks Off Sales
Developed by Mack Real Estate Group and Palin Enterprises, the 40-story luxury tower will be the tallest building in the borough’s Greenpoint neighborhood and will feature 95 units.
$43M DC Affordable Community to Open Next Spring
Portner Flats will bring 96 affordable units to the popular U Street Corridor in Northwest, D.C. The project is a public-private partnership between the District, Somerset Development, Jonathan Rose Cos., New Community Partners and other entities.
CBRE Closes $40M Sale of Phoenix-Area Community
The company represented Baron Properties in the sale of the 240-unit community. The buyer partnership was represented by Mike Dow of Impact Multifamily Advisor.
Sacramento Sets the Standard
Although rents across the country have been decelerating in recent months, the California capital continues to outperform. While no longer in the double digits, its rent growth continues to lead major metros.
Waterton Acquires Denver Greenwood Plaza
The multi-building property is located in close proximity to the Denver Tech Center. The company plans to implement a renovation plan that will include adding new flooring in kitchens and living areas as well as carpeting in bedrooms.
2017 NAA Education Conference Coverage
The National Apartment Association gathered its members in Atlanta to network and learn at the Education Conference & Exposition. Take a look at our 2017 coverage below.
SmartStop Asset Management Sponsors $57M Student Housing Sale
Strategic Student & Senior Housing Trust purchased a 592-bed community located near the University of Arkansas. The property was previously known as Sterling District, but its new owner dubbed it “The District.”
Terwilliger Pappas Breaks Ground on NC Community
The 194-unit property near Duke University will feature upscale amenities such as a yoga studio and a heated pool.