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Newman Garrison + Partners creates unique multifamily communities first.

Carroll Org. Buys Jacksonville Apartments

Carroll Organization, along with AIMS Real Estate, a business unit within Goldman Sachs Asset Management, has acquired 5 Thousand Town in Jacksonville, Fla. The 130-unit apartment property was completed in 2013.

Breaking Down the Rental Decision

Study finds that strangers are more influential than friends and family.

TODAY’S DEALS: Hamilton Zanze Grabs Fifth Community in Portland MSA

Hamilton Zanze acquires a 210-unit asset for $22 million; Federal Capital Partners provides Kane Realty Corp. with mezzanine financing for a Raleigh, N.C., development; and a Detroit apartment property sells for $2.5 million.

‘Vista Lux’ Retail Strip Coming Soon to AKOYA Oxygen in Dubai

DAMAC Properties, the developer of Dubai’s AKOYA Oxygen, revealed the master-planned luxury living community’s upscale retail strip at the Arabian Travel Market exhibition, a major travel and tourism event held in Dubai. Called Vista Lux, the upscale entertainment and retail district will encompass some 1 million square feet, extending through the center of the neighborhood.

Greystar & Ivanhoé Cambridge Team Up on Eco-Friendly D.C. Community

Greystar and Ivanhoé Cambridge are developing 801 New Jersey Ave., SE, a new mixed-use development in Washington, D.C.

Wayne Everett Joins Pennrose Properties as Director of Asset Management

Wayne Everett has joined Pennrose Properties LLC as director of asset management, a new position for the organization.

Tristan Buys Four Italian Shopping Malls from French Altarea for $137M

Pan-European real estate investment manager Tristan Capital Partners has entered the Italian market with the acquisition of four shopping centers through its EPISO 3 opportunity fund.

First Development in Three Decades Announced for Malmö Neighborhood

Located on the Southern end of Sweden, the city of Malmö is seeing a large amount of recent activity with a newly announced residential development in its Vårsången neighborhood.

Downtown San Diego Welcomes 250 Affordable Apartments

The grand opening of 250 affordable rental apartments was celebrated with a ribbon-cutting ceremony.