Regions
On the Market: 5 Interesting Listings for the Week of 12/5
This week’s listings include a Mediterranean-style town home community and an Indianapolis property located on a 60-acre lake.
FCP Sells 5-Community Portfolio for $328M
The private equity investment firm divested 2,490 units in the Washington, D.C., suburbs.
SPNA Acquires Second Deconversion Property in Chicago
The 133 units were converted to condos in 2005, but they will now go back to their initial use as rentals.
City of Detroit Invests $1.6M in Revitalization of Four Neighborhoods
The planning and design contracts refer to housing, reimagining open land, leveraging economic development and more.
PRP Appoints New Vice President
In her new role, Danielle Keute will be responsible for the firm’s residential property management division.
Kennedy Wilson Acquires $363M Assets
Kennedy Wilson added a 408-unit, a 331-unit and a 1,008-unit apartment community to its growing portfolio.
JLL Acquires Premier Apartments in Chicago’s West Loop
Chicago’s West Loop has been established as the new epicenter of the city’s technology and creative job growth, attracting blue-chip employers from both the Central Business District and surrounding suburban areas.
New Master-Planned Community Coming to Tejon Ranch
The forthcoming master-planned community will give residents access to 240,000 acres of protected open space.
JLL Finalizes $52M Sin City Sale
Loft 5, a 241-unit luxury multifamily asset, is located less than 15 minutes away from the Las Vegas Strip.
Greystone Provides $15.9M Financing for Affordable Housing
The owner has invested more than $1.4 million in Highlander Pointe since its acquisition, ensuring the 1975 property is well-preserved.