News
JV Acquires Value-Add Community in Suburban Atlanta
Admiral Capital Group and McCann Realty Partners have acquired Howell Bridge Apartments, a 256-unit community in Duluth, Ga., for $8.7 million.
CBG, MRP Realty Unveil Transit-Oriented Development in Alexandria
CBG Building Co. and MRP Realty have finished construction of The Parker, a new TOD hoping to attract residents commuting to the greater Washington, D.C., area.
CRE Prices Dip For First Time in Six Years, Says Moody’s
Moody’s/RCA reported that its Commercial Property Price Indices’ national all-property composite index declined 0.3 percent in January 2016.
Park Partners Residential to Develop Florida Community
The 259-unit property is expected to be complete in spring of next year.
Pure Multi-Family REIT Acquires Two San Antonio Communities
Canadian REIT Pure Multi-Family closed on the agreement to purchase the TPC multifamily portfolio in San Antonio.
Nashville-Area Apartments Trade for $93M
The portfolio consists of Bellevue West and Highlands at the Lake, which together total 838 units.
Madison Realty Capital Nabs Midtown Mixed-Use Property
Madison Realty Capital and USAA Real Estate Co. have teamed up to acquire The Buchanan, a well-known mixed-use community that’s getting its first new owner in 64 years.
Admiral Capital, McCann Realty Acquire Howell Bridge Apartments
A joint venture formed between Admiral Capital Group and McCann Realty Partners to acquire Howell Bridge Apartments in Atlanta.
CBRE Secures Refi for Duke City Apartment Community
Prime Residential secured a $15.5 million refi through CBRE Capital Markets for an Albuquerque apartment community.
Alex. Brown Realty & Asset Campus Housing Acquire 316-Bed Dakota Ranch in San Marcos
Interior and exterior upgrades are planned for Dakota Ranch’s future after being acquired by Alex. Brown Realty Inc. and Asset Campus Housing.