Regions
Joint Venture Acquires LA Communities
Strategic Housing Partners and Rockpoint Group have acquired two portfolios and an additional community, totaling more than 1,200 units.
NAA on Multifamily Market Momentum
The apartment association surveyed industry experts about their business plans, expectations and market trends.
Development Boom Tempers Rent Growth in Chicago
The city has seen costs moderate, in keeping with the nation as a whole, and features a bifurcation between luxury and working-class units.
JVM Brings Improvements to IL Property
The Aventine at Oakhurst North, a 464-unit community in Aurora, Ill., features an entirely renovated clubhouse. Several other interior and exterior upgrades are underway.
Capital One Closes $12M HUD Loan for Portland Skilled Nursing Facility
The financing proceeds will refinance a comprehensive renovation program of the 128-bed property in Gresham, Ore.
West Side Chicago Welcomes New Affordable Housing
Harvest Homes will offer 36 two-, three- and four-bedroom units located at one contiguous site in East Garfield, Chicago. The total development cost was $12 million.
Ensemble Breaks Ground on Downtown Long Beach Community
Sonata Modern Flats features 112 units alongside a 605-foot-long elevated pedestrian walkway designed as a linear park.
CBRE Acquires $51M Denver Asset
The Class A property is located adjacent to 500,000-square-foot retail redevelopment Gardens on Havana and is in close proximity to downtown Denver and Denver Tech Center.
VA Community Sells for $115M
An affiliate of Pantzer Properties acquired a 576-unit community located roughly 30 miles from downtown D.C. The company will rename the asset The Point at Manassas.
Grosvenor Launches Pre-Leasing at DC-Area Community
Central is a 231,589-square-foot mixed-use development site that will offer 243 residential rental units above 15,080 square feet of ground-floor retail space.