News
CBRE Group Inc. Announces Sale of Rosehill Pointe Apartments
By Gabriel Circiog, Associate Editor CBRE Group Inc. has announced the sale of the 498-unit Rosehill Pointe Apartments in Lenexa. The garden-style community, located at 12701 W. 88th Circle, was built in 1985 and has benefited from over $1.4 million in capital repairs since 2007. The property was acquired by Kansas City-based Maxus Realty Trust […]
NAP Plans Apartment Development in Atlanta's Old Fourth Ward
North American Properties has closed on 3.7 acres in Atlanta’s Old Fourth Ward and plans to develop a five-story apartment building on the site.
TODAY'S DEALS: Mixed-Income High-Rise Opens in Arlington
Bozzuto, Chesapeake Community Advisors complete a mixed-income high-rise in Arlington; Wood Partners begins a new development in North Carolina; and American Realty Advisors buys a 264-unit community outside of Atlanta.
TurnSocial Announces 'Leads Bar' to Increase Conversions on Multifamily Websites
TurnSocial, a provider of social toolbars for apartment websites, is introducing the TurnSocial Leads Bar—a one-click lead-capture tool.
'Economy Watch' Podcast with Dees Stribling: Not a Great Week for the Economy
Not a great week for the economy, but the Fed did manage to re-assure investors that things weren’t terrible.
The Atlantic, an Exclusive Atlanta High-Rise, Now Available for Lease
The Atlantic, which at 47 stories is the tallest residential high-rise in mid-town Atlanta, is now available for lease by renters.
Economy Watch: Foreclosures Drop Temporarily
RealtyTrac reported on Thursday that U.S. foreclosure filings occurred on about 572,900 properties during the first quarter of 2012, down 2 percent from the previous quarter and down 16 percent from the first quarter of 2011.
TODAY'S DEALS: KBS REIT Acquires 255-Unit Asset Outside Baltimore
KBS Legacy Partners Apartment REIT buys a Maryland asset; Strategic Capital Partners acquires a community in Oklahoma City; and NAI Hunneman brokers the $2.7 million sale of a 100 percent-occupied building.
Ground Breaks for Affordable Housing Property in Columbus
Ground has been broken for Franklin Station, a 100-unit affordable apartment property in Columbus that will serve elderly and special-needs homeless people.
MHN Interview: Nicholas Dunlap, CPM, Dunlap Property Group
Nicholas Dunlap, CPM, Dunlap Property Group, describes improving the operation of someone’s investment.