News
TODAY’S DEALS: Bascom Nabs 138-Unit Apartment Community in SoCal
The Bascom Group acquires a 138-unt apartment community; Charles Dunn completes a $2.7 million sale in L.A.’s Westwood submarket; and Centerline Capital arranges $4 million Fannie Mae financing for an acquisition in the Boston area.
Raleigh, N.C., Tops the List for Highest Renter Customer Satisfaction, Study Says
Raleigh, N.C., was recently ranked No.1 for online renter satisfaction according to a study released by J Turner Research, a Houston-based company that exclusively specializes in market research for the multifamily industry.
Mattamy Buys Jacksonville-Area Master-Planned Site for $43M
Mattamy Homes has acquired the RiverTown property from the St. Joe Co. for $43.6 million.
‘What Renters Want’ with Jessica Fiur: The Futility of Marketing Apartments to Gen Y
Gen Y is getting older, and might want different amenities than they used to. So how should property managers market their apartments?
Economy Watch: Economy Creates 192K Jobs in March
The U.S. economy created 192,000 jobs in March, according to the Bureau of Labor Statistics.
TruAmerica Multifamily Makes First Denver-area Acquisition
TruAmerica Multifamily has announced that in partnership with two other companies, DVO Real Estate and RCG Longview, it has purchased Tamarac Village Apartments, its first acquisition in the Denver metro area.
MARKET SNAPSHOT: Construction Recovery Takes Metro Orlando by Surprise
Central Florida’s residential market is most certainly experiencing a comeback in every domain imaginable.
IPA Plans Another Phoenix Seniors Housing Development
Investment Property Associates and Retirement Community Specialists have partnered to develop a seniors property in the Ahwatukee neighborhood of Phoenix, near the southwest corner of Chandler Blvd.
TODAY’S DEALS: Becker + Becker Lands $37.2M for Connecticut Office-to-Apartments Rehab
Becker + Becker lands office-to-apartment conversion financing; Madison Realty Capital buys a three-loan portfolio secured by Brooklyn properties; and NorthMarq Capital finalizes a $24.95 million interest-only refinance.
American Land Ventures Unveils Latest on Fort Lauderdale Development
American Land Ventures, along with joint venture partner MetLife Real Estate Investors, has introduced its newest development project, VU | New River, which is ahead of schedule with construction after topping off in March in Fort Lauderdale, Fla.