Luxury
Pure Multi-Family REIT Acquires Two San Antonio Communities
Canadian REIT Pure Multi-Family closed on the agreement to purchase the TPC multifamily portfolio in San Antonio.
JV Bets on Apartment Community Near Reno
PCCP provided a $28.2 million loan to Sunroad Enterprises, Security Properties and Loma Linda University to acquire and renovate a Class A apartment community in a Reno, Nev., submarket.
Manhattan Apartment Sales Dip
CityRealty’s latest report reveals a slight drop in the number of Manhattan apartment sales, but prices are still reaching record highs.
Greystar Starts Pre-Leasing Luxury Community in Houston Historic Neighborhood
The seven-story luxury development will feature 326 residences, expected to reach completion by October 2016.
Slate, Adam America and Vanke Pay $116M for Lower East Side Site
Slate Property Group, Adam America Real Estate and Vanke Holdings USA paid $116 million to acquire 45 Rivington Street, and plan to convert it to luxury residential condominiums.
Longview Completes Luxury Rentals with Suburban Appeal in Montgomery
Westfield 41, a luxury apartment and townhome community developed by Longview Property Group in Royersford, Pa., is welcoming its first residents.
Luxury Apartments Planned for Former Red Cross Building Site in Cincinnati
A 17-story luxury residential tower will rise at Eighth and Sycamore in downtown Cincinnati.
Crystal Falls Lures Houston Homebuilder Once Again
The company acquired land to begin construction on its third community in Austin.
Camden Property Trust Unveils New Luxury Community in Dallas
A new luxury apartment community opened in Victory Park, an urban neighborhood of Dallas.
Why Millennials Want Shorter Leases
The supply/demand imbalance and sky-high rents have led to an emerging trend in the apartment industry.