Regions
Andover Real Estate, M Group Acquire Detroit Community
Carlton Apartments has 144 units and is located in the Lafayette Park area of the city. Greystone provided the Fannie Mae Green Rewards financing for the acquisition.
Luxury Community Across from Wrigley Field Opens
M&R Development and Bucksbaum Retail Properties developed The Residences at Addison & Clark, a 148-unit luxury property in Chicago’s Lakeview neighborhood.
LA-Area Community Trades for $93M
Institutional Property Advisors represented the seller and procured the buyer in the sale of Carillon Apartment Homes in Woodland Hills, Calif.
Sustainable Living Remains Strong: AMLI Report
According to the company’s second annual Sustainable Living Index, 83 percent of respondents said that they believe living in a green community was beneficial to their health.
Homeowners Rehab Secures $40M for MA Asset
The 98-unit HRI Concord Highlands will be the largest new construction affordable development to rise in Cambridge, Mass., in 40 years.
Berkshire Group Grabs NJ Community
The 12-building property—known as Steward’s Crossing—in Lawrenceville is in the vicinity of major thoroughfares, notable employers and Princeton University.
Top 10 Largest Affordable Communities Completed in Denver
The metro has come a long way in addressing its affordable housing problem, with more than 2,000 units delivered during the last four quarters.
Fortis Property Group Gets $66M for NYC Condos
NKF Capital Markets secured the mezzanine loan for 1 Seaport, a 60-story, 98-unit luxury asset overlooking Manhattan’s East River in the Financial District.
TruAmerica Multifamily Secures 2 Vegas Properties for $77M
The company added 504 units to its portfolio with the acquisition of Crossing at Green Valley and The Retreat.
Affordable Phoenix-Area Community Trades for $16M
Johnathan Smith, Brian Smuckler and Jeff Seaman of CBRE facilitated the sale of the 152-unit property in Peoria, Ariz., to a local investor.