Regions
TODAY'S DEALS: Investcorp Buys 1,076-Unit Houston Portfolio
Investcorp acquires four properties in Houston’s Copperfield master-planned community; American Realty Advisors buys a 224-unit asset in North Dallas; and Hendricks & Partners negotiates a $14.4 million apartment sale.
Rebranded Student Housing Wins National Awards
Distressed student housing no longer, WestMar Student Lofts in Atlanta recently won the 2011 Best Turnaround Project and 2011 Best Leasing and Marketing Program at the Student Housing Business Awards in Austin, Texas.
WKU Student Housing Wins Student Accolade Second Time
Student housing specialist Campus Suites has been picked twice by students as their favorite.
Manhattan's Rental Market Springing Ahead, MNS Reveals
The number of available Manhattan rental units may have grown by 6 percent in April, but that didn’t keep rent prices for the month from experiencing a case of spring fever, and climbing by an average of $17.
Wood Partners Plans Townhomes in Delay Beach
Multifamily specialists Wood Partners has finalized plans to build Midtown Delray, a $26.9 million development consisting of 116 three-story rental townhomes near downtown Delray Beach, Fla.
TODAY'S DEALS: Alder, ECI Announce Two Luxury Towers
The Alder Group and ECI Group acquire land for two luxury towers in Florida; IPA completes a $13.5 million sale for Beachworld Residential; and NAI Hunneman’s Investment Services Group brokers a $1.6 million sale of a four-unit condo building.
MAA Buys 230-Unit Buckhead Apartment Community
By Georgiana Mihaila, Associate Editor Memphis, Tenn.-based MAA, an apartment-only real estate investment trust, recently added the 230-unit Allure in Buckhead Village community to its portfolio of over 49,000 apartment units spread throughout the Sunbelt region of the U.S. While the company is currently selling several of its Atlanta-area assets and an acquisition was not […]
Dallas Mixed-Use Development Unveils First Apartment Phase
For anyone seeking evidence of a strong market for pedestrian-friendly, urban lifestyles in Dallas, ample proof is provided by the BLVD, a new mixed-use development rising in an area of the city near Southern Methodist University and Mockingbird Station.
TODAY'S DEALS: Praedium, McDowell Buy California Asset
The Praedium Group and McDowell Properties purchase a 200-unit community; HFF refinances a seniors housing community in California; and Madison Realty Capital completes a $21.5 million note and deed purchase for a Brooklyn property.
ADC Secures Financing for West L.A. Multifamily Property
ADC Realty Group has obtained financing for site acquisition and construction of an apartment property in West Los Angeles on the current site of a rental car location.