News

Belvedere Towers Apartments, Baltimore

Multifamily Community Trades for $30M in North B’More

Harbor Group International sold the 237-unit Belvedere Towers Apartments five years after it acquired the asset for a little over $26 million.

RADCO Grabs Class-B Apartment Community in Tampa

RADCO acquired 372-unit The Newport Villas Apartments for $20.1 million and plans to invest more than $5 million renovations.

Economy Watch: Best Large U.S. Cities to Live, According to WalletHub

Some real estate markets always do better than others, no matter what part of the cycle, and one factor is the attractiveness of individual metro areas as places to live.

Enterprise to Develop Affordable Community Near Denver

To finance the $29 million development, the company syndicated $14.75 million in LIHTC equity provided by investor American Express.

Quadrangle, Wilkes Break Ground on Luxury DC Apartments

The Lydian marks the development team’s seventh building in its 2 million-square-foot, mixed-use Mount Vernon Place community.

Vesper Holdings Oversees VA Student Housing Turnaround

The Harrison, a 288-unit, 1,152-bed community in Harrisonburg, Va., has already tripled in value.

Birmingham Woods in Saint Paul, Minn.

Marcus & Millichap Closes Sale of Garden-Style Apartments in St. Paul

Birmingham Woods, a 28-unit community, sold for $2.3 million.

Four Freedoms Miami Beach

Vitus Group to Revamp Six Affordable Housing Properties

The national developer will invest millions in the restoration of more than 1,000 residential units and will add active design features meant to encourage a healthy lifestyle.

Bay Area Affordable Housing Completed

The property includes a combination of 66 reconstructed and new units.

Product Spotlight: Mohawk SmartStrand® NANOLOC™ Carpet

Mohawk’s formula solves the issues that make renters dread apartments with carpet.