Market Rate
On the Market: 5 Interesting CRE Listings for the Week of 7/4
This week’s listings include two unique student housing properties serving the University of Oregon and Appalachian State University.
DC Area Value-Add Community Changes Hands
Cortland Partners has acquired a 630-unit community in Ashburn, Va., with plans to renovate and reposition the property over the next two years.
Brooklyn Residential Prices Continue to Climb
New York City residents are still flocking to Brooklyn’s most popular neighborhoods despite the high price tags.
Two Riverside Multifamily Communities Score Refinancing Deals
The assets were both built in the 1950s and are fully occupied.
Berkshire Group Lands 292-Unit Chicago Tower
The 32-story tower includes retail space and a plethora of amenities.
Rock Apartment Advisors Closes $40M in Sales in AL
The brokerage firm facilitated the sale of two multifamily properties that marked the first acquisitions for the buyers in Huntsville and Auburn, Ala.
Greysteel Selected to Sell 116-Unit Cedar Square in Dallas
Greysteel is marketing Cedar Square Apartments, a community located in the developing North Oak Cliff neighborhood.
L5 Investments Makes $23M Debut in Richmond
The multifamily investment firm and its partner have made its first acquisition in Virginia, with plans to complete a more than $2.6 million renovation of the property.
Allied Orion to Manage 573-Unit Denver Community
New owner Arel Capital has chosen the Houston-based firm for the 32-acre Spyglass Hill Apartments.
Long Beach High-Rise Completed by C.W. Driver
Designed to comply with LEED Silver certification requirements, the $70 million project brings market rate apartments in a high-end amenity environment.