News
Two NYC Affordable Housing Properties for LGBT Seniors Underway
This will be New York City’s first senior housing that includes services designed specifically for the LGBT community.
CBRE Assists Hines in Luxury Multifamily Deal
AVR Realty bought @1377, a two-year-old community in metro Atlanta.
Westfort Urban Villas Celebrates Opening in San Antonio
The 20-unit single home development will be completed in four phases by the spring of 2017.
Rock Apartment Advisors Closes $40M in Sales in AL
The brokerage firm facilitated the sale of two multifamily properties that marked the first acquisitions for the buyers in Huntsville and Auburn, Ala.
Economy Watch: Total Construction Spending Down, Though Spending on Apartments, Offices Up
U.S. construction spending during May 2016 came in at an annualized rate of $1,143.3 billion, or 0.8 percent below the bureau’s April estimate.
Former Labor Camp Transformed Into Affordable Housing
Camphora, located in Soledad, Calif., will be a home for its farmworker residents, and provide an environmentally responsible community with onsite management and supportive services provided by Eden Housing.
Greysteel Selected to Sell 116-Unit Cedar Square in Dallas
Greysteel is marketing Cedar Square Apartments, a community located in the developing North Oak Cliff neighborhood.
Refinancing Of Seven CA Communities Generates $15M
Universe Holdings’ properties include 559 units, with a gross value of $124.8 million.
L5 Investments Makes $23M Debut in Richmond
The multifamily investment firm and its partner have made its first acquisition in Virginia, with plans to complete a more than $2.6 million renovation of the property.
On the Market: 5 Interesting CRE Listings for the Week of 6/27
This week’s listings include a newly constructed community in Oklahoma City and an under-construction property in an Austin suburb.