News
Bascom Group Nabs $94M Orange County Community
The company plans to upgrade and modernize the 406-unit infill asset, which was built in 1972.
Downtown LA Mixed-Use Development Underway
MacFarlane Partners has broken ground on the second phase of Park Fifth, which will consist of 347 units and 5,300 square feet of retail.
Construction of $62M Cleveland Tower to Start in June
Stark Enterprises Inc. and Solon-based real estate investor Reuven Dessler plan to break ground on the 26-story tower in less than three months.
Xin Lands $108M Loan for Manhattan Condo Project
The seven-story project will offer 82 units and 36,053 square feet of retail on the former site of a gas station and convenience store.
NHP Foundation Acquires DC Affordable Housing for $16M
Located in the gentrifying Brightwood section of Northwest Washington, D.C., Takoma Place consists of 105 units in seven buildings.
Economy Watch: Demand for Student Housing Stays Strong
Favorable demographic trends and an increase in the number of students pursing post-graduate degrees are spurring investor interest and demand for student housing product, according to a recent report from TH Real Estate.
Product Spotlight: Terralux LED Sconce Upgrades
For property managers looking to increase their properties’ energy efficiency, the award-winning lighting retrofit kits boast easy installation and master control via a software program.
Greystone Brown Real Estate Brokers Sale of Atlanta Community
The buyer acquired the property for $6.1 million and plans to invest $10,000 per unit in renovations.
Alliance Taps Local Artists to Design GA Communities
The company worked with Hope Cohn and Sons of Sawdust to transform properties in Atlanta and Sandy Springs into something unique.
Greysteel to Market B’more-Area Affordable Community
The commercial real estate investment services firm has been retained as exclusive advisor and agent for the sale of Portside Apartments in Dundalk, Md.