News
Castle Lanterra Properties Makes 3rd Austin Acquisition
The company has acquired the 455-unit community, which includes a resort-style pool with a waterfall, a 24-hour fitness center, a business center with WiFi access, outdoor playground and pet park, carports, attached and detached garages and a recently renovated clubhouse.
Inland Empire Deal Sets Record
The community was sold for $142 million, equaling $193,000 per unit.
Catalyst Moves to San Antonio Market
The Denver-based property management company plans to upgrade three Class C communities.
Berkadia Completes Sale of Indiana Community
Parkway Apartments and Townhomes, a 446-unit community in West Lafayette, sold for nearly $10.9 million.
Product Spotlight: Gerber Undercounter Sinks
New sink offerings reflect contemporary design trends.
$98.8M Senior Housing Community to Open in the Bronx
Phase III of Fordham Bedford’s Serviam development has received financing to create 197 more units of affordable housing.
Industrial-Chic Apartments Revive Historic Philly Neighborhood
The project by McSpain Properties is a redevelopment of the western part of a massive Acme warehouse on the corner of 31st and Master Streets.
Greystone Facilitates $25 Million Loan
Hidden Lakes Apartments is a 384-unit community located in Kentwood, Mich.
Economy Watch: Construction Employment Increases Despite Weak Job Numbers in May
The construction industry in most parts of the country is still growing.
Elandis Acquires Houston Properties for $50M
This acquisition expands the company’s portfolio of owned and managed residential units to 2,500.