Regions
Transactions: June 2016
MHN’s monthly update on the most notable recent sales and financings from around the country.
$200M Redevelopment Breaks Ground in NY State
WinnDevelopment and GDD Properties are repositioning the 1868 Sibley Building as Sibley Square.
Partners Acquire Phoenix-Area Apartments, Want More
Continental Realty Advisors and Capital Real Estate have added a 368-unit property to their portfolio.
Residential Properties in Brooklyn to Be Repositioned by New Owner
The two five-story apartment buildings will be renovated and transformed into luxury condominiums.
Praedium Snags Multifamily Community Near LA
Miro Apartments, the only apartment community to be built in Santa Fe Springs in over 40 years, was purchased for more than $47 million.
TruAmerica Expands Bay Area Holdings
The company bought the 136-unit property from Holliday Development in an off-market transaction.
Rosemary Goss: Turning Out Talent at Virginia Tech
How Virginia Tech’s Rosemary Goss achieves 100 percent job placement for her students.
CUCS Opens $40M Supportive Housing in the Bronx
The newly constructed building provides 107 homes and on-site support services to homeless and low-income individuals and families, including people with complex psychiatric and medical needs.
CBRE Facilitates Cityscape’s Multifamily Disposition in Indianapolis
The 232-unit apartment community known as 82 Flats at the Crossing is situated at the epicenter of Keystone at the Crossing.
Resource Real Estate Expands Portland Portfolio
The REIT has acquired an Oregon multifamily community, with plans to give the building its first-ever renovation.