Regions
Urban Investment Beyond the Core
Kenan Bigby of Trinity Financial sheds light on trends in affordable housing, transit-oriented development and investment opportunities in secondary and tertiary markets.
ACI Brokers $5M Sale in San Diego’s National City
KA Real Estate LLC of Sorrento Valley has purchased the 29-unit community. The 22,352-square-foot building was built in 1964 and underwent renovations.
CBRE Leads Record Sale of OC Community
The brokerage firm arranged the sale of a 21-unit community in Santa Ana, Calif., at one of the highest price-per-square foot values for in the city. The buyer, NNC Apartment Ventures, plans to renovate the property, which was built in 1987.
Opus Completes 217-Unit Luxury Community
Together with AIG Global Real Estate, the company recently completed Citizen Park, a 10-story luxury community situated in the heart of the historic Central West End neighborhood of St. Louis. The firm also landed its first tenant for the retail component.
Habitat Co. Lands $16M Chicago Affordable Housing
The company plans on making substantial renovations to East Park SRO, a 153-unit property in the East Garfield Park neighborhood. Plans include upgraded lighting, mechanical systems, masonry, landscaping and a new roof.
Wood Partners Begins Pre-Leasing at Boston-Area Community
The Westerly at Forge Park is a luxury residential property in Franklin, Mass., with common area amenities that include an outdoor pool and a dog park.
Top 5 Student Housing Communities in Greater Boston
One of the world’s best-known academic hubs, Boston continues to benefit from top-ranked universities. However, the city’s affordability issues are pushing students out of core submarkets to the outskirts of the MSA.
Skanska Invests $41M in Finland Residential Project
The three-phase development called Gustaf Wilhelm will break ground in June 2017 and is expected for completion in the second quarter of 2019.
HFF Secures $50M Loan for NJ Community
The company arranged the long-term fixes-rate loan on behalf borrower Capodagli Property Co. The 222-unit transit-oriented community offers convenient access into New York City and other major employment hubs.