News
Hunter Plaza Mixed-Income Apartment Transformation Under Way in Fort Worth
BOKA Powell and Fort Worth Housing Authority have started construction on a redevelopment project that will transform Hunter Plaza in downtown Fort Worth into an 11 story, mixed-use and mixed-income residential building.
Houston Apartment Community Sold by Lupert-Adler Partners
Tiburon, a 320-unit Class A apartment community in Houston has been sold by Lubert-Adler Partners to a private individual. ARA Real Estate Investment Services represented the Philadelphia-based company in the transaction.
Economy Watch: Residential Price Increases Still Slowing Down
The deceleration of residential prices continues apace, according to the latest S&P/Case-Shiller Home Price Indices.
Work Begins on West Miami Apartments
Ground has been broken on Gables Prado, an apartment development in West Miami, an inner suburb of Miami also near Coral Gables. The property, at 950 S. Red Road, includes 194 units.
TODAY’S DEALS: StarPoint Grabs 259 Units in Los Angeles County
StarPoint completes a $51.8 million acquisition; Marcus & Millichap brokers a 26-unit sale in Illinois; and NorthMarq Capital arranges $11.86 million in Fannie Mae acquisition financing.
ICFF: Where Edgy Meets Functional
The International Contemporary Furniture Fair (ICFF) is a great place to see what’s next before it becomes mainstream. The MHN editorial team stopped by ICFF 2014 at Jacobs A. Javits Convention Center last spring and saw a number of interesting products. The next ICFF is May 16-19, 2015 at Javits.
JB Matteson Acquires 216-Unit Sacramento Apartment Community for $29.75M
JB Matteson has acquired Medici Apartment Homes, a 216-unit apartment community in Sacramento, Calif.’s north Natomas submarket for $29.75 million and rebranded it as Avanti. Arroyo & Co. arranged the transaction.
Join Us for a Live Twitter Chat about #NMHCOpTech
Join us for a live Twitter chat on Thursday, December 4 at 1 p.m. EST on the subjects discussed at the recent NMHC OpTech conference.
MHN Interview: David Redfern, Consolidated Holdings President, Majority Owner of the New WaterWalk Franchise
A new residential franchise will be arriving in 2015 in select cities across the United States. Real estate pioneer Jack DeBoer recently announced the company’s fifth franchise, WaterWalk Hotel & Apartments, a new project that combines the features and amenities of the extended-stay hotel industry with those of apartment ownership. MHN talks to David Redfern, president, Consolidated Holdings, which is the majority owner of WaterWalk Hotel & Apartments.