Regions

4 Ways to Embrace Disruptive Technologies

Multifamily developers must embrace these new tools to maximize unit sales and pricing, especially in the luxury condo market.

Sares Regis Snags $39M Seattle-Area Asset

IPA arranged the sale of Monterra in Mill Creek, a 139-unit community located north of downtown Seattle, in Snohomish County.

Denver Mixed-Use Trades for $25M

Transwestern represented the seller, Allante Properties, in the disposition of Highland Place, which features 68 units and five retail stores.

Top Predictions for 2018

Top multifamily professionals from around the country shared their predictions for 2018 as they gathered in Orlando for the annual NMHC Apartment Strategies Outlook conference.

Avery Park Apartments in Las Vegas

Sunroad Enterprises Nabs 320-Unit Vegas Asset

Prime Group sold Avery Park in a deal facilitated by HFF. The new owner is set to renovate the property’s common areas and unit interiors over the next two years.

DCHFA Provides $11M Loan for Senior Community

The agency has provided financing for the construction of the 65-unit Trinidad property. Neighborhood Development Co., Tennyson Ventures and The Ardent Co. are spearheading the project.

Toto’s Self-Cleaning Toilet

The Japanese company’s Washlet is a fully automated, smart product that includes features such as a deodorizer, a dryer and a heated seat.

On the Market: 5 Interesting Listings for the Week of 1/15

This week’s listings include a 56-unit, mixed-use building with a self-storage component and a community in Miami Beach overlooking Biscayne Bay.

North CO Community Changes Hands for $15M

The 108-unit property includes amenities such as a heated pool, a clubhouse with a business center and a fitness center.

DCHFA Closes $11M Deal to Fund DC Affordable Community

The agency issued $11.3 million in bond financing for the preservation of 94 affordable units at Maplewood Apartments in the southeast quadrant of the nation’s capital.