News
Harlem 125 All Set for Opening
The newly developed residential building features studios and one-, two- and three-bedroom units designed to immortalize the spirit of Harlem through top-notch visual elements.
Gelt Launches Happy Home Communities, Names Director
Ellie Davis will spearhead the new business venture. HHC has already made its first value-added acquisition, a nine-acre mobile home park in Bakersfield, Calif.
Younger Partners Names New Investment Broker
Lew Wood has more than 38 years in commercial real estate and previously worked at Henry S. Miller, Cushman & Wakefield and Coldwell Banker Commercial Brokerage.
Cousins Continues $300M Disposition Plan with Atlanta Sale
The company teamed up with Gables Residential to acquire Emory Point I and II, which they now sold for $199 million. The 750-unit community also includes 125,000 square feet of first-floor retail space.
San Francisco Tower Gets $25M Facelift
Related Cos. brought in Marmol Radziner to redesign The Paramount, aiming for a better fit with the neighborhood’s commitment to the arts.
Premier Developers Snags $65M for FL Condo
Madison Realty Capital provided the loan for the Fort Lauderdale development. Called Riva, the property is two-thirds complete and scheduled for completion in September.
Dog Playgrounds Welcome Humans
Pet owners looking for a rental home often encounter less-than-welcoming restrictions. A playground can be a practical amenity for pet-friendly communities to attract dogs and their owners.
Campus Advantage Sells 42North at University of South Florida
Since acquiring the 420-bed community 36 months ago, the company has pursued a value-add investment strategy that has grown grew NOI by nearly 36 percent.
Maverick Mediates $39M Loan for Chicago Mixed-Use Project
Cedar Street Cos. is planning a 149-unit apartment building at 676 North LaSalle St., with more than 10,000 square feet of ground floor retail space.
HFF Chicago Appoints New Director
David Gaines, former managing director at Berkadia Real Estate Advisors, brings more than 16 years of experience in multi-housing investment sales, debt placement and equity placement.