Regions
Detroit-Area Asset Changes Hands
The 129-unit Kings Gate in Sterling Heights traded with the help of a $7 million loan. The property is close to several shopping centers and educational institutions.
Multifamily’s Evolving Market
RADCO Cos.’ CEO discusses multifamily investment and trends at NMHC’s 2019 Apartment Strategies Outlook Conference in San Diego.
Oak Residential Acquires 2nd Asset in Las Vegas
The apartment community received upgrades to its amenity package previous to the acquisition. The asset was 98 percent occupied as of December 2018.
Peak Campus Expands Student Housing Portfolio
The company’s latest management assignments are communities located in Bowling Green, Ky., and Omaha, Neb. Completion is scheduled for August 2019.
Utah Townhome Community Receives $17M Construction Loan
Located in Ogden, with easy access to major employment centers, Moda Vista comprises 79 Class A townhomes. The developer anticipates to begin pre-leasing this fall.
Armani’s Manhattan Flagship Makeover to Include Luxury Residences
SL Green and Giorgio Armani teamed up to redevelop the boutique store at 760 Madison Ave., which will feature 19 upscale residences, including one for the famed designer himself.
$95M Loan Secured for LA Luxury Tower
The financing, provided by Helaba on behalf of ASB Allegiance Real Estate Fund, will go toward the 35-story WaterMarke Tower located in the city’s financial district.
Jersey City High-Rise Receives $258M in Financing
A partnership of Kushner Real Estate Group and National Real Estate Advisors closed on the financing for the construction of Tower Two at Journal Squared.
Top 10 Multifamily Completions in the Midwest in 2018
With more than 35,000 new units, multifamily development in the Midwest closed a very active 2018, on par with national trends.
Finding Value in Philadelphia’s Multifamily Market
Dalzell Capital Partners’ founder & managing partner shares his knowledge about Philadelphia’s multifamily business climate and what to expect in a late-cycle economy.