Regions
CityView Appoints SVP, Head of Investor Relations
Marketing veteran George Ochs joins after almost 20 years at J.P. Morgan.
Orion Leads $25M Sale of Phoenix Community
The transaction was subject to a $17.3 million, 10-year Freddie Mac loan.
RRA Sells 2 Philadelphia Assets for $13M
The two Philadelphia-area assets offer a total of 130 units.
Berkadia Arranges Sale of Arizona Community
Capital Real Estate LLC paid $16.4 million to acquire the 169-unit property in Tempe, Ariz.
Atlanta, Louisville Properties Trade for $74M
Besyata Investment Group and The Scharf Group have purchased two assets totaling 1,033 units.
Gateway Procures Suburban St. Louis Apartments
The 78-unit community in St. Clair County is the company’s third local acquisition in three years.
Greysteel Leads Sale of DC Affordable Community
The 105-unit Tacoma Place changed hands for $14 million.
Abro Secures 2 Brooklyn Assets for $47M
Hudson Cos. acquired the property in March 2014 with a value-add strategy of completing capital projects.
Avanath Secures Hudson Valley Workforce Property
The company’s acquisition of the asset in Poughkeepsie, N.Y., reflects rising demand in big-city suburbs.
Economy Watch: More Than One-Third of Millennials Live with Parents
A combination of high rents, lower wages and student debt are having a negative impact on household formation among Millennials, according to a recent Abodo report.