Regions
Ultra-Luxury Condo Tower Underway in Philadelphia
Dranoff Properties’ $253 million, 47-story residential high-rise at the corner of Broad and Spruce streets will feature more than 36,000 square feet of amenities.
The Habitat Co. Hires New VP
Kimberly Sisney will lead and oversee the operations, planning and strategy of the firm’s affordable communities located in Chicago and St. Louis.
What Attracts Investors to Phoenix
Tides Equities Co-Founder & Principal Sean Kia explains the role of affordability in making Phoenix an attractive market for investors and how the firm managed to streamline its redevelopment operations in a tight and challenging construction market.
Orange County Development Commands $101M
The Santa Ana community is a transit-oriented project about 9 miles from Disneyland that is still under construction by LaTerra Development.
JV Buys 624-Unit Asset in Missouri
The new owner intends to spend $13.8 million on renovating the 1997-built community in Kansas City. GoldOller Real Estate Investments sold the property after almost seven years of ownership.
Dire Warnings Follow New York’s Rent Control Overhaul
Ahead of a looming expiration date for state rent-regulation laws, legislators reached an agreement that many predict will be a severe blow to the real estate industry.
Chicago-Area Assisted Living Community Gets New Building
The 156-unit luxury facility, located right across from Chicago Botanic Garden, opened its doors in 2014. A former memory care wing will be converted into assisted living units.
Northeast Ohio Portfolio Scores $67M Refi
The 10-year Freddie Mac loan is retiring existing acquisition financing for the 1,137-unit Timber Top and the 114-unit Timberland Village, both located in Akron.
Inland Trades KY Apartments for $46M
Berkadia provided the buyer of the 270-unit Class A community with more than $33 million in acquisition financing through Freddie Mac.
Hawthorne Sells Nashville Apartments for $50M
The 323-unit community last changed hands in early 2015, when Global State Investments sold the property for slightly more than $30 million.