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Gelt Enters Albuquerque Market

The company purchased Mountain Run Apartments from Chartwell Capital Partners and has plans to renovate and upgrade the amenity spaces.

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Interra Closes on Chicago Multifamily Deal

The 43-unit property located in Rogers Park changed hands for $3.9 million. In addition to the residential units, the building offers 1,200 square feet of office space.

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Kidder Mathews Arranges San Diego Community Sale

Landon Family Trust purchased the five-unit property in Ocean Beach for $1.6 million from The Frederick W. and Leone P. Jackson Trust.

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MacQuesten to Develop $110M Mixed-Use Property in NY

The firm’s plan is to build a 27-story property encompassing 282 residential units, 9,500 square feet of retail space and a four-story parking garage, with an option for an additional optional 50,000 square feet of office space. The project is part of the city of New Rochelle's massive redevelopment plan.
New York 26 June 2017 20:04
Midtown Detroit Gets New Mixed-Income Community

Nonprofits Develop Detroit and Preservation of Affordable Housing partnered for the $32 million development that will also include retail space. Project design will be led by Phil Freelon, design director at Perkins+Will.
Detroit 26 June 2017 16:59
CBRE Lines Up $14M Financing for New Idaho Community

The company worked on behalf of the borrower, 5th and Idaho Apartments LLC. The five-story building will be located in the historic district of Old Boise, Idaho.
Seattle 23 June 2017 16:21
Freshwater Investments Acquires Seattle Community

The Stinson Apartment Homes sold for $16.8 million. The community last traded in 2015, when Fowler Property Acquisitions purchased the asset for $10.6 million.
Seattle 23 June 2017 15:45
Home Leasing, CPC Open $18M NY Apartments

The 72-unit Charlotte Square at the East End is the first of three new developments in Rochester. Construction on phases II and III are anticipated to begin in the fall of 2017.
New York 23 June 2017 15:16
South Phoenix Community Changes Hands for $12M

Cushman and Wakefield brokered the sale of La Reserve on 45th, a 301-unit property in the Maryvale neighborhood. A joint-venture purchased the asset from CEG Operating Partners.
Phoenix 23 June 2017 13:49
Balfour Beatty Snags Suburban Atlanta Assets

The Evergreen portfolio consists of three gated communities that will undergo a series of capital improvements, including exterior and interior upgrades.
Atlanta 23 June 2017 13:03