News
Irongate Acquires $98.65M Portfolio
GFI Capital Resources, investing through its Irongate Realty Partners brand, has acquired three class A communities in Kansas City, Kan., for $98.65 million.
KDC Acquires Mixed-Use Development in Richardson, Texas
Stratford Land and Bush/75 Partners have closed on the sale of 186 acres in North Texas’ telecom corridor to Dallas-based KDC, which plans to develop a $1.5 billion mixed-use development on the currently vacant land.
TODAY’S DEALS: PREI Buys Luxury Chicago Tower
Prudential Real Estate Investors completes a luxury buy in Chicago; Kennedy Wilson lands supplemental financing for one California asset, sells another; and FHL Bank San Francisco awards $18.5 million in affordable housing grants.
MARKET SNAPSHOT: With Unemployment Still High, Sacramento Sees Uptick in Vacancy
While metros across the Golden State are seeing a somewhat brighter future on the horizon, the city of Sacramento continues to lag behind in some key fundamentals.
Economy Watch: Shadow Residential Inventory Declining
CoreLogic said that the residential shadow inventory as of October 2012 fell to 2.3 million units, which it calculates represents a supply of seven months.
The Park at Fox Trails, Plano, Texas
The Park at Fox Trails—a 286-unit apartment community in Plano, Texas—is located on the Blue Bonnet Trail. But the most impressive on-site amenity, according to Property Manager Pam Humphries, is her team.
Bath Tech as a Marketing Tool
There is one thing that every apartment resident has in common. Every day begins and ends in the bathroom.