News

Kushner Cos. Acquires 1,032-unit NJ Community

A joint venture between Angelo, Gordon & Co. and Candlebrook Properties sold the asset in Plainsboro, N.J. The buyer assumed the in-place debt on the property.

Market Rate

High Street, Olympus Take TX Luxury Community to Next Phase

The first units at Union at Carrollton Square Phase III are expected to be open for occupancy in late 2018. In addition to the 352 apartments, the developers are scheduled to deliver more than 4,000 square feet of retail space.

Luxury

Avesta Communities Enters CO Market

The company plans to implement a renovation plan that includes improvements made to the common amenities and to the unit interiors.

Market Rate

Regions

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Economy Watch: How New Immigration Policies Would Impact CRE

Legislation revising the RAISE Act is set to significantly impact commercial real estate and corporate occupancy, both of which heavily rely on the changing dynamics of the labor market.
International 22 September 2017 16:20
Fifield Fetes Grand Opening of The Sinclair in Chicago

The luxury rental community adds a large slate of upscale units to Chicago's Gold Coast neighborhood, spurring talk of a resurgence.
Chicago 22 September 2017 15:17
Michaelson Acquires 520-Unit TN Community

Purchased for $48 million, The Metropolitan features one- and two-bedroom floorplans. The community has undergone a multi-million dollar renovation over the past few years.
South 22 September 2017 14:52
Russo Development Begins Work On NJ Apartments

Once construction is complete, Vermella West will add 280 apartment units to the Northern New Jersey submarket. The property will comprise four residential buildings and more than 15,000 square feet of amenity spaces.
Northeast 22 September 2017 14:06
JV to Develop 236-Unit DC Community

Fort Lincoln New Town Corp., The Concordia Group and Buvermo Investments plan a Class A project that will include 36 affordable units.
Washington Dc 22 September 2017 14:01
Renters Looking to Live Green: AMLI Survey

The company's first Sustainable Living Index showed that 84 percent of residents find living in a green home important to them, while 64 percent are even willing to pay a higher rent for sustainable features.
National 21 September 2017 18:09
DC-Area Senior Project Features Hotel Touches

Thrive Senior Living's new development in Woodbridge, Va., offers bright, contemporary interiors designed by studioSIX5.
Washington Dc 21 September 2017 17:25