Regions
PAC Buys Recently Built Virginia Community
The company purchased Founders Village, a 247-unit community in Williamsburg, Va., and financed the acquisition using a portion of the proceeds from a 1031 exchange sale.
Condo Developments Poised for Return in Chicago
It may be time for large-scale high-rise condo developments to return to Chicago, declares Related Midwest President Curt Bailey, speaking at yesterday’s Marcus & Millichap/IPA Multifamily Forum.
Bronx Boomed in Breakout ’16
Led by the residential sector, investment in New York City’s northernmost borough hit $3.3 billion, a 37 percent year-over-year increase.
Manhattan Luxury Tower Lands $290M in Financing
HFF secured the construction loan for the Upper East Side condominium tower, which developers Ceruzzi Holdings and Kuafu Properties plan to complete in 2019.
Peak Campus, Blue Vista Capital Team Up in 2 College Towns
The developers plan a fall 2018 opening for student housing projects serving Syracuse University and North Carolina State.
JPL Snags Nashville-Area Apartment Project
The 304-unit Villages at Peytona Downs will be part of the master-planned Greensboro Village, which features residential, retail and office space.
Is Overbuilding Threat Overblown?
Speaking at a forum in Chicago, Marcus & Millichap’s John Sebree weighs in on today’s complex market dynamics and how they affect multifamily investment prospects around the country.
Meta Housing Wraps Hollywood Project
The $21.6 million community, which also includes about 3,500 square feet of commercial space, will add 40 units of much needed affordable housing to L.A.’s inventory.
Colorado Community Under New Ownership Through HFF
Prior to the sale, the 185-unit, garden-style community was 90.3 percent occupied, according to data provided by Yardi Matrix.
Donohoe Construction Tops Out DC Senior Living Community
Brandywine Living at Alexandria is scheduled for completion by year-end.