News
Wayne Homes Announces New Construction Manager
Meet Mark Spangenburg, Wayne Homes’ new construction manager in Belmont, Ohio.
Location is Key for New Mill Creek Residential Development
The company is hoping to woo renters with a luxury community located halfway between Washington, D.C., and Baltimore.
Presidium Expands Its Footprint in Texas with New Multifamily Acquisition
The real estate investor will upgrade the Austin property, while getting ready to break ground on another multifamily project in the city.
JV Obtains $148M For Acquisition of Bay Area Apartments
Deutsche Asset Management and Maximus Real Estate Partners received financing for the property, which was built in 1970 and includes 296 units.
Tropitone Expands Ergonomic Poolside Lounge Furniture Line
The company extended its Curve collection to include more durable outdoor pieces.
Greystone Shells Out $45.5M in Financing for 2 Phoenix Communities
The ConAm Group received Fannie Mae Loans to refinance Valencia Park and Granite Bay, two 1980s-era multifamily communities.
Glemont Capital Adds Two Student Housing Communities to South Bend Portfolio
Berkadia facilitated Prime Property Investors’ sale of Clover Village and Clover Ridge, located near the University of Notre Dame campus.
‘90s Vintage Arizona Community Sells for Almost $9M
Walika Properties has acquired the 161-unit property, which features six two- and three-story buildings on approximately 4.86 acres.
Economy Watch: FOMC Stands Pat Again
The Federal Open Market Committee declined to adjust the federal funds rate.
735-unit Tampa Area Bay Multifamily Portfolio Changes Hands
The bidding process for the five rentable properties located in Tampa, Brandon and Bradenton was very competitive. Marcus & Millichap mediated the transaction.