Regions
Aura Properties Breaks Ground on MA Mixed-Use Project
The company is developing the five-story, 42,000-square-foot building in Brookline, with a completion date scheduled for next August.
JVM Completes Renovation in Indianapolis
The community underwent major renovations, including a new pet-washing station, an upgraded fitness center, a coworking lounge, a redesigned clubhouse and new furniture for the pool.
Canyon Partners Acquires LA-Area Property
The firm has expanded its portfolio with the 153-unit Fountain View Apartments in Long Beach, Calif. MHE Real Estate sold the property for $36.5 million.
Prism Multifamily Buys Las Vegas Portfolio
The four Class A and Class B communities add up to almost 500 units and commanded a price tag of nearly $47 million.
JV to Preserve Affordability of 300 Units in Denver
The Community Development Trust and Rocky Mountain Communities signed a $25 million recapitalization deal for Garden Court Apartments near Aurora, Colo.
Salt Lake Community Changes Hands
Nitya Capital is the new owner of the 151-unit Class B community in the city’s downtown, after funding the purchase with more than $27 million in acquisition financing.
Promark Buys Baltimore-Area Community
The firm acquired the 54-unit Class B community in Glen Burnie, Md., for more than $7 million, using a $6.1 million acquisition loan.
Lincoln Avenue Enters Baltimore Market
The buyer financed the roughly $14 million purchase of the 321-unit fully affordable community with a $14 million acquisition and development loan.
JV Breaks Ground on Minneapolis Community
The 200-unit LakeHaus project is being converted from a 1950s office building into a luxury community near Lake Calhoun.
The Biggest Trends in Luxury Amenities
From valet trash service to heated swimming pools, Class A communities are stepping up their game in an increasingly competitive market.