Regions

Meridian Capital Secures $115M for Brooklyn Asset

Built on a former multi-use site, Hampshire Properties’ 302-unit development will bring a series of upscale amenities to the borough’s largely residential Midwood neighborhood.

Paredim Partners Acquires $27M CT Community

The Arbors at Brighton Park in Bloomfield offers a resident clubhouse, a dog park and a swimming pool. Institutional Property Advisors represented the seller in the transaction.

On the Market: 5 Interesting Listings for the Week of 7/16

This week’s listings include a newly constructed luxury community in Boston, a 1920s-era property in Los Angeles and more.

Bellwether Enterprise Closes $21M in Financing for OH, VA Properties

The deals were part of a larger $38 million financing package that included a hotel and business center.

CBRE Secures $27M for Former MA Chocolate Factory

The historic building close to downtown Mansfield is being redeveloped into a mixed-income, mixed-use property that will contain 130 units.

Marcus & Millichap Brokers MN Property Sale

Evan Miller of the company’s Minneapolis office and the firm’s national group sold The Hillcrest Apartments in South St. Paul.

5 Innovative Products from NAA’s 2018 Apartmentalize

At the National Apartment Association’s recent event, nearly 10,000 attendees gathered to take in the latest information on the evolving multifamily industry. Here are some of the newest products aiming to change the market.

Grandbridge Finances $52M Student Housing Acquisition

The 264-unit student housing property with 538 beds is located within a mile of a large Midwestern university.

Connect on Union

Western Wealth Bullish on Phoenix, Adds 146 More Units

The Canadian firm has added another asset to its Phoenix portfolio. Connect on Union is situated near Loop 101 and was 95.9 percent occupied as of June 2018.

29th Street Capital Buys First SLC-Area Community

The company plans to invest approximately $10,000 per apartment to update Twin Trees Apartments’ 43 units and enhance the property’s exterior.