News
San Antonio Lures Investors
The city has a diversified economy and employment is growing in most industries. That has fueled demand for apartments, which is expected to remain high as the metro continues to add jobs and households at a rate above the national average, and as more residents move south to avoid the growing cost of housing in Austin.
WTC Secures $70M for Suburban Chicago Property
The company obtained construction and permanent financing for the 301-unit residential component of Wheeling Town Center, a mixed-use development.
Gelt Enters Albuquerque Market
The company purchased Mountain Run Apartments from Chartwell Capital Partners and has plans to renovate and upgrade the amenity spaces.
Pathfinder Completes Luxury Condos at Sky Las Vegas
The 390,000-square-foot Sky offers 409 units with a mix of one-, two- and three-bedroom floorplans. The building is conveniently located on the Las Vegas Strip.
Miami’s Top 10 Residential Skyscrapers
Boasting the third tallest skyline in the U.S., the city features 225 multifamily towers rising more than 10 stories high. Here are the tallest ones, including several still under construction.
Hollywood Communities Command $24M
Vista Investment Group sold a pair of properties: 58-unit Avondale Hollywood and 36-unit Sunset Formosa. The deals netted the company $11 million in profit.
Indianapolis: Full Speed Ahead
Demand for apartments continues to be strong, thanks to the locale’s relative affordability. The city’s high-quality education system and skilled workforce attract residents and employers, propelling economic growth.
Interra Closes on Chicago Multifamily Deal
The 43-unit property located in Rogers Park changed hands for $3.9 million. In addition to the residential units, the building offers 1,200 square feet of office space.
Atlanta’s BeltLine Expands with $80M Project
North American Properties has broken ground on the Edge, a mixed-use, mixed-income community that will transform an environmentally contaminated site.
Aspen Heights Invests in Student Housing
The student housing portfolio encompasses more than 3,000 beds across the country. Aspen’s Demi Sterling-Kinney will oversee the third-party property management division.