News
Cedar Grove Capital Nabs 26-Acre Charlotte Community
ROSS Management Services will be the property manager for Montclaire Estates, marking its ninth partnership in the last year with Cedar Grove.
Ginkgo Residential Buys 128-Unit Parkwood East Apartments in Charlotte
The garden-style community is located near the new master-planned, mixed-use community Meridian Place.
Berkadia Completes $11M Sale of Indianapolis Community
An out-of-state investor is the new owner of Willowbrook Lake Apartments, a 392-unit community at 4803 Round Lake Road in Indianapolis.
The Marketing Directors: Manhattan Condo Prices Climb
The average condo price in the borough closes in on $2.4 million.
Passco Sells Atlanta Multifamily Asset
Following a rebranding, as well as extensive interior and exterior upgrades, the company sold the asset well above what it paid for it six years ago.
SOMA at Brickell Now LEED Silver
The 418-unit Miami property was developed by Alliance Residential and Monogram Residential Trust.
Aimco Opens $195M Apartment Community in Boston
The 12-story, 310-unit apartment community was developed by Trinity Financial.
Virginia Office Park to Become Major Mixed-Use Community
Akridge sold the newly rezoned Preserve at Westfields in Fairfax County to two developers, which plan to create a mixed-use community with retail, multifamily and more.
Greysteel Arranges Refi for Amigos Del Sol
The owner, Rush Mountain LP, is looking to make property improvements to increase cash flow at the 52-unit community.
Economy Watch: CRE Losing Some Steam?
“These are heady times for commercial real estate,” began UCLA Anderson Forecast senior economist David Shulman in his latest monthly letter about real estate.