Regions
John Hancock Snags Property on Boston Harbor
The 224-unit high-rise was built in 2007, and is part of the ongoing redevelopment of the Navy Yard, one of the oldest shipbuilding yards in the U.S.
29SC Acquires 6th Chicago Community
The asset, Wooded Isle Apartments, is located in Hyde Park, only eight miles from downtown. The community offers 75 units.
Denver’s Largest Luxury Community Opens
Designed by Solomon Cordwell Buenz, Country Club Towers II and III offer 552 units across 1 million square feet of space. The community comprises studio, one- and two-bedroom floorplans, plus penthouses.
Coldwell Banker Acquires McMullen Real Estate
The Chicago-area brokerage firm is the third to join Coldwell Banker in the past three months, following the acquisitions of Groebe Real Estate and Chicagoland Realty Services.
Economy Watch: Cost of Rent a Challenge Across Generations
Of the Millennials and Baby Boomers who rent, 46.5 percent and 49 percent, respectively, spend more than 30 percent of their income on housing costs, according to a new report by ABODO.
Supportive Housing Coming to Brooklyn
Comunilife and NYC Health + Hospitals broke ground on a $28 million, 89-unit community that will provide housing to low-income residents and individuals with behavioral health issues.
Green Bridge Closes Bulk Cleveland Sale
Investment Group purchased the assets for $2.9 million. The 90-unit portfolio will undergo a renovation process, estimated to cost between $100,000 and $300,000.
Inland Empire Asset Trades in 1031 Exchange
Providence Capital Group placed a non-contingent offer for the 140-unit community in Hemet, Calif., which traded for $15.5 million. Marcus & Millichap represented the seller and procured the buyer.
Habitat Lands, Assumes Management of Chicago Asset
The multifamily developer and property manager purchased and assumed property management of Eastwood Garden, an affordable community in the Englewood neighborhood. The company will manage two other properties in the Chicago area.
DC-Area Community Trades for $129M
Located one mile east of Interstate 270, Fenestra was completed in 2008 and is part of the 1.7 million-square-foot Rockville Town Square.