Regions
Decron Re-Opens Renovated CA Property
The firm invested $10 million to renovate the 440-unit Reserve at Chino Hills, modernizing the kitchens and flooring, as well as building a two-story clubhouse.
ABI Brokers $2.4M Value-Add Acquisition in Tucson
The 26,800-square-foot community received extensive renovations in 2017, with the current ownership having opportunity to finish interior upgrades and increase market value.
Western Wealth Completes $6M Divestment in Phoenix
The Canadian company initially bought a stake in the community in 2015, with the current transaction representing a 32 percent price increase compared to the original acquisition.
Timberland Partners Snags FL Asset
The company plans to invest $3 million in renovations to Huntington at Sundance, a 292-unit community in Mulberry.
SummerHill to Develop 172-Unit SF Community
KTGY is designing the mixed-use 988 El Camino Real, which will include a lounge, fitness studio, bike hub, dog park and trail.
Multifamily Acquisitions in Emerging Markets
Continental Realty Advisors’ David Snyder discussed investment opportunities in markets such as Las Vegas, ways to maximize returns and why in-depth research is essential to expertly deploying capital.
North Park Ventures Plans Chicago Conversion
Interra Realty brokered the $13.7 million sale of the mixed-use building located near Wrigley Field. All 30 condominiums will be converted into rental apartments.
Campus Advantage to Manage 2 CA Student Housing Properties
College Square has 240 units and is near University of California, Davis, and University Village has 100 units and serves students at California State University, Fullerton.
Manhattan’s First Purpose-Built Assisted Care Center Breaks Ground
The assisted living and memory care community will rise 16 stories in Midtown Manhattan, offering 151 units and ground-level retail.
Greystone Provides $17M Refi for Brooklyn Asset
The Fannie Mae loan will be used to pay off a $12 million construction loan on the newly built condominium property.