Regions
TODAY'S DEALS: Kennedy Wilson Completes $154M Sale
Kennedy Wilson sells two assets for $154 million; a joint venture acquires $85 million in NYC properties; and Michael Jakubiec brokers the sale of a property for $3 million.
JV Acquires Florida Apartments for $54M
DeBartolo Development and Elco Landmark Residential have acquired a 542-unit multifamily complex in Palm Beach Gardens in South Florida.
Monmouth County Apartment Development Under Way
Sterling Properties and AST Development Corp. have broken ground on Verdana Howell, a 220-unit apartment building in Howell, a town in Monmouth County in central New Jersey.
Interest Shown in New Staten Island Luxury Building
A new luxury building, called The Pointe, on the North Shore of Staten Island, N.Y., has already attracted a lot of attention among buyers.
TODAY'S DEALS: Cassidy Turley Closes $36M Sale in Phoenix
Cassidy Turley negotiates the sale of a Phoenix community for $36 million; Berkadia provides $35 million in two financings; and a Brooklyn asset hits the market for the first time in over 50 years.
Location a Big Plus for Virginia Apartment Development
A number of considerations went into the decision by Greystar and The Carlyle Group to develop a 288-unit luxury apartment community in Woodbridge, Va. Most of them can be summed in three words: location, location, location.
NAP Plans Apartment Development in Atlanta's Old Fourth Ward
North American Properties has closed on 3.7 acres in Atlanta’s Old Fourth Ward and plans to develop a five-story apartment building on the site.
TODAY'S DEALS: Mixed-Income High-Rise Opens in Arlington
Bozzuto, Chesapeake Community Advisors complete a mixed-income high-rise in Arlington; Wood Partners begins a new development in North Carolina; and American Realty Advisors buys a 264-unit community outside of Atlanta.
The Atlantic, an Exclusive Atlanta High-Rise, Now Available for Lease
The Atlantic, which at 47 stories is the tallest residential high-rise in mid-town Atlanta, is now available for lease by renters.
TODAY'S DEALS: KBS REIT Acquires 255-Unit Asset Outside Baltimore
KBS Legacy Partners Apartment REIT buys a Maryland asset; Strategic Capital Partners acquires a community in Oklahoma City; and NAI Hunneman brokers the $2.7 million sale of a 100 percent-occupied building.