News
Marcus & Millichap Seals $29M Luxury Deal in Florida
Calibre Bend Apartments has changed ownership in a transaction facilitated by Marcus & Millichap’s IPA division.
Milestone Apartments REIT Announces Major Portfolio Acquisition
The six properties, comprising a total of 1,460 units, were purchased for $242 million.
Greysteel Arranges Sale of Multifamily Property in Duncanville
Greysteel represented Virtue Wexford Owner LLC in the transaction and procured the buyer, PC Wexford LLC.
Community in Colorado Springs Sells for $13M, Following High Investor Competition
The property was sold above the asking price to a private investor from California.
Detroit Resumes Blight Removal Program, Receives $42M in Funding
The procedures for the implementation of the program have changed after a two-month assessment by the MSHDA at the Detroit Land Bank.
New $13M Condo Project Planned in Cleveland
Local investors are planning the construction of Quattro, a 26-unit condominium building in the Little Italy neighborhood.
SL Green, BlackRock Form JV for $170M Manhattan Property
SL Green sold a 49 percent stake in 400 East 57th St., to BlackRock’s real assets arm, with plans to upgrade the property.
Yardi Matrix: Salt Lake Growth Story
Demand for apartments in the metro is fueled by the healthy influx of young professionals, especially in the technology and health care industries.
Better Homes Adds Nevada Firm to Franchise Network
The newly named Better Homes and Gardens Real Estate Universal will be led by broker/owner Scott Beaudry.
Griffis Residential Buys Metro Seattle Apartments
The property last changed hands in 2013 for $88 million, or roughly $168,000 per unit.