Luxury
Time Equities Adds Community to Grand Rapids Skyline
The 16-story tower is the result of a joint effort between contractor Pioneer Construction, property manager KMG Prestige as well as architecture firm Ghafari Associates.
Waterton Re-Enters Vegas With $140M Buy
The firm’s portfolio acquisition includes 720 Class A units in two communities. CBRE provided the buyer with financing through Freddie Mac.
Wood Partners Breaks Ground on 304-Unit Houston Project
The developer expects to wrap up work on Alta West Alabama in the third quarter of 2020. This community adds to the company’s existing portfolio of 16 properties managed in Texas.
SC Luxury Retirement Community Sells for $35M
Senior Living Communities acquired the 248-unit, entrance-fee continuing care retirement property located near Sesquicentennial State Park. Cushman & Wakefield assisted the seller in the disposition.
Leveraging Resident Feedback to Enhance NOI
Can net operating income be significantly improved with good customer service? Property managers and owners explored that compelling topic last week at the National Apartment Association’s Apartmentalize conference in Denver.
Suburban Chicago Community Receives $33M Refi
The loan will help stabilize Apex 41, a luxury community in Lombard, Ill. GlenStar Properties completed the 181-unit asset two years ago.
Leasing in a Saturated Market
At the National Apartment Association’s Apartmentalize conference in Denver, industry expert Lisa Trosien explored the best differentiators in a highly competitive rental market.
Washington, DC-Area Opportunity Zone Project Gets $65M Loan
HFF arranged the financing for The Stella, a 282-unit transit-oriented community, part of Urban Atlantic’s 34-acre master plan in New Carrollton, Md.
Luxury MD Senior Housing Welcomes Residents
Capitol Seniors Housing opened the 84-unit assisted living and memory care community in the heart of Anne Arundel County. The Arbor Co. will operate the 72,140-square-foot facility.
Toll Brothers Tops Out Prefab Atlanta Tower
General contractor Balfour Beatty is building the 319-unit property, Osprey, in partnership with modular construction firm Prescient. Completion is slated for the first quarter of next year.