News
Economy Watch: State Jobless Rates Stay Stable
Jobless rates bumped up in August for only six states, which is reasonably good news for most state economies and real estate markets.
Philadelphia Portfolio Commands Aggressive Cap Rate
AMC Delancey Group’s acquisition is a rare deal for Center City.
Strategic Properties Wins Fannie Mae Loan For Chicagoland Buy
An affiliate of the investment management firm acquired a 342-unit property in suburban Wheaton, Ill.
Morgan Properties Reaches for a $316M ‘Star’
Berkadia negotiated the sale of the portfolio, which comprises more than 2,800 units in four states.
Carroll Organization Grows Orlando Footprint
The company’s fifth local acquisition in the last year, ARIUM Bala Sands is in a top-ranked school district and offers some of its submarket’s largest units.
RKW Residential to Manage Uptown Charlotte Community
The property manager is expanding its reach in the area, taking over operations of a mixed-income, 190-unit community.
Interwest Snags Suburban Miami Property
The combination of condos and apartments went for $75.5 million.
Philadelphia Portfolio Sells at Aggressive Cap Rate
The properties are located in the Rittenhouse Square, Fitler Square and Washington Square West neighborhoods of Center City.
CMK Cos., Lendlease to Create Riverfront Community in Chicago
The joint venture’s Riverline master-planned community will add more than 3,600 residences to the South Loop neighborhood.