News
Downtown Portland Community Sells for $23M
Grand Peaks Properties of Colorado acquired the property for $282,530 per unit.
David Schwarz, ARA Newmark on Prime Opportunity for Developers
The company’s executive managing director is looking into the challenging multifamily market in Houston.
BRIDGE Housing Welcomes New EVP in San Francisco
In her new role, Diane Olmstead will oversee capital aggregation activities.
Mixed-Use Development Slated for Former Juvenile Detention Center Site
The NYCEDC and the Department of Housing Preservation and Development are planning to transform the Bronx property into a campus featuring affordable housing and commercial space.
CBRE Arranges Sale of Assisted Living Portfolio
An affiliate of HCP Inc. bought seven properties in the Baltimore and Washington, D.C., metros for $186.3 million.
Berkadia Arranges $115M Sale of Orange County Community
The buyer plans to update the 292-unit Amerige Pointe, which is located within a historic master-planned community.
Transwestern Brokers Sale of Dallas-Fort Worth Communities
The two properties are the Residence at Midtown Apartments, a 296-unit community located in Dallas, and Vistas at Lake Worth, a 265-unit community in Fort Worth.
TDT Disposes of Hayward Asset, Doubles Original Investment
The seller invested roughly $1 million in improvements at the 68-unit community.
29SC Lands First Property in Louisville
The firm plans to invest $800,000 in the renovation of the 80-unit property.
Two NC Firms Develop 216-unit Community
Blue Ridge Cos. and Richardson Properties are teaming up to build Country Park at Tall Oaks, a new community in northern Greensboro.