News
Vitus Group Acquires Miami Beach Senior Housing
The 15-story community provides 210 units of affordable housing for seniors.
Senior Housing Development Coming to Minnesota
The affordable community will have the amenities and unit finishes that are in line with a market-rate development.
Economy Watch: Office Vacancy Up Overall, Down in Most Markets
Vacancy in the U.S. office market edged up by 10 basis points during the first quarter of 2016, according to the latest quarterly report (released Monday) on the market by CBRE Group Inc., rising to 13.2 percent.
The Habitat Co. Expands Significantly in Southeast Multifamily Market
The multifamily developer and property manager has added more than 5,000 units in Alabam and Florida to its national portfolio.
Twin Creeks Senior Living Community Breaks Ground in Tampa Metro
Twin Creeks Senior Living, scheduled to open in the second quarter of 2017 in Hillsborough County, will feature 80 assisted living and memory care apartments.
Crown Bay, Adams Investor Group Close on 240-Unit Multifamily Asset in Atlanta Metro
Crown Bay Group acquired the now re-branded Hairston Woods Apartments in DeKalb County, marking the company’s fourth acquisition in the Atlanta area.
Allen Morris Plans Midtown Atlanta Apartments, Offices
The $210 million project will consist of a multifamily building, along with an office building directly across the street, with ground-floor retail.
FirstService Residential to Manage 137-Unit Vegas Condo Community
Laguna Del Rey is a 137-unit condo community situated in Spring Valley, just five miles away from the Las Vegas Strip.
Madison Realty Capital Provides First Mortgage Loan for 72nd St. Conversion in Manhattan
The five-story Vanderbilt Mansion is ready for redevelopment into a 7-story, 18,412-square-foot property encompassing three luxury condominium units.
Stepp Commercial Leads $17M Sale of L.A.-Area Apartment Portfolio
Increased investor interest in the Long Beach submarket continues with the $17.3 million sale of a three-property apartment portfolio arranged by Stepp Commercial.