Regions
What’s New, What’s Next in Multifamily Design
Apartment developers who invested in the urban loft aesthetic years ago are probably not surprised to see that this look is still going strong
Transactions: March 2018
The following is a list of transactions that were announced between December 2017 and Feb. 21, 2018.
Golub & Co., USAA Buy Chicago’s Century Tower
The joint venture plans to renovate the historic building and transform the existing 292 condominiums into luxury apartments.
Shopoff Sells Brookside Mobile Home Park for $73M
The company has traded the 45-acre manufactured housing community in El Monte, Calif. as an off-market transaction.
Jamison Completes First Ground-Up Community
Maya, a 72-unit community in Los Angeles, is the first of four new assets Jamison plans to bring to the market this year.
Fairfield Obtains $66M for WA Luxury Development
The downtown Redmond community will comprise 360 high-end units, 36 of which will be income-restricted. Amenities include a fitness area, a Wi-Fi lounge with co-working space and a bicycle storage area.
Hunt Mortgage Arranges $5M for Philadelphia Asset
The firm arranged for a seven-year fixed rate loan on behalf of MM Equity Partners Philly for the acquisition of the 30-unit Reach Lofts.
ZOM Living to Break Ground on Luxury Chicago Property
The 357-unit community is Union West in the Loop downtown district. It will consist of two Class AA, Green Globes-Certified residential towers atop a three-story podium.
OC Community Commands $417K Per Unit
Avison Young represented the new owner, Cameron Properties, in the $9.2 million deal; the seller, Brandywine Properties, was represented by CBRE.
On the Market: 5 Interesting Listings for the Week of 2/26
This week’s listings include a former hotel in Kansas City and an asset located near Arizona State University in Tempe.