News
Balfour Beatty Snags Suburban Atlanta Assets
The Evergreen portfolio consists of three gated communities that will undergo a series of capital improvements, including exterior and interior upgrades.
Sheraton Steamboat Resort Converting to Timeshare Villas
First Finish Inc. is transforming 198 rooms into 112 villas. The project is underway and is slated for delivery by the end of the year.
Lloyd Jones Capital Names CFO
Raul Ramirez began his career in the tax department of PricewaterhouseCoopers. He has also worked for Toll Brothers, WCI Communities and Morgan Stanley.
Georgia Apartment Community Sells for $28M
Cushman & Wakefield’s Robert Stickel worked on behalf of the seller, H. Katz Capital Group Inc., in the disposition of the property.
Leasing Starts at New Chicago Mixed-Use
JDL Development’s SixForty, located in the River North neighborhood, includes a 23-story tower with 250 units and 8,000 square feet of retail.
The Best Tech Products at Realcomm 2017
A roundup some of the most cutting-edge technology for multifamily, including a program that allows renters to explore a 3D space, an energy-monitoring and analytics platform and a robot concierge.
Kiser Group Negotiates $12M Chicago Multifamily Deal
The sale of the 80-unit property marks the highest price per unit—$144,000—for a four plus one asset north of Irving Park Road.
Electra America Acquires 2nd NC Community
The 300-unit Raleigh property will be rebranded Level at 401 and undergo common-area, apartment renovations and upgrades.
Sustainable Queens Development Begins Leasing
Gotham Organization’s and Brause Realty’s property, called The Forge, includes 272 units and features environmentally friendly, luxury amenities.
Nonprofit Sells Fall River Senior Community
Colliers brokered the sale of the 44-unit Bay View independent living community to SMG Inc. The asset is located on a 5.2-acre lot that is suitable for additional development.