Regions
CIS to Redevelop Distressed Apartments into Affordable Units
Community Investment Strategies has partnered with the township of North Brunswick to redevelop the distressed Oak Leaf Village Apartments into 183 new affordable apartment rental units.
Security Properties Buys Tempe Multifamily Property
Security Properties Inc. has acquired MetroPointe, a 408-unit apartment property in Tempe, Ariz.
Paragon Plans 400,000-Square-Foot Outlet Shopping Center in Cedar Grove
By Gabriel Circiog, Associate Editor Paragon Outlet Partners L.L.C. has presented to the Eagan Economic Development Authority a preliminary concept plan for a new upscale outlet shopping center in Cedar Grove. The Baltimore-based developer proposes a project that would feature between 90 and 100 high-end outlet stores on approximately 35 acres of land. With more […]
Trigild Adds Seven Multifamily Communities to Its Portfolio
Trigild, a San Diego-based real estate management and loan recovery firm, recently expanded their multifamily portfolio with the addition of seven multifamily communities across the United States.
Multifamily Had the Most Sizzle in Brooklyn CRE in 2011
Like in much of the rest of the country, Brooklyn has excited the interest of investors on the hunt for multifamily properties.
TODAY'S DEALS: American Realty Advisors Buys Two Seattle Assets
American Realty Advisors acquires two mixed-use communities in Seattle; Archstone breaks ground on a rental townhouse community; and NorthMarq arranges a $14.3 million seven-year Freddie Mac loan.
Sacramento County Facing Affordable Housing Crisis
According to “Out of Reach 2012,” a National Low Income Housing Coalition report, 54 percent of renters in California’s Sacramento County can’t afford to rent a typical two-bedroom apartment.
New Manhattan Apartments Feature Souped-up Daylighting Glass
A New York apartment building is the world’s first large residential project to use a combination of glass fiber veils that act as a controlled light diffuser.
TODAY'S DEALS: MAA Buys 240-Unit Community in Virginia
MAA buys a community in Chesapeake, Va.; a 272-unit purchase expands Bascom’s Texas portfolio to 20 properties; and Johnson Capital arranges a preferred equity investment of under $1 million.
River Park Estates Benefits from Procida Funding's 100 Mile Fund
The developer of River Park Estates, a 10-unit town home development in North Bergen, N.J., has obtained a $3.5 million bridge loan to permit completion of the project.