Regions
Claremont's Courier Place a Multi-generational Trailblazer
With its recent grand opening, the 74-unit Courier Place Apartment Homes became the first-ever multi-generational affordable housing to be developed by Jamboree Housing Corporation.
South Side Condo Project Defies Odds
It’s been a tough few years recently for condo projects in Chicago, so tough that most of them either haven’t gotten out of the ground or have been reinvented in the more glamorous end of multifamily, as rental apartments.
TODAY'S DEALS: AvalonBay Buys N.J. Asset for $63M
AvalonBay buys a 334-unit community in central New Jersey; ARA brokers the sale of a site approved for a seniors housing development in Denver; and Meridian Capital negotiates financings in the New York metro area.
Greystar and PREI Acquire 1.58 Acres for Multifamily Community
Greystar and Prudential Real Estate Investors recently formed a joint venture. The companies closed on 1.58 acres of land in Tysons Corner, Va.
New Housing Stock and Retail Space Set to Revitalize Downtown Yonkers
L+M Development Partners has teamed with the Yonkers Industrial Development Agency on the construction of Warburton Lofts, a historic restoration of loft-style rental apartments and retail space located at 44-50 and 54 Warburton Avenue.
TODAY'S DEALS: Bascom Continues Denver Acquisition Spree
The Bascom Group buys a 492-unit asset in Denver; Centerline Capital Group provides an $11.4 million refinancing for a property near St. Louis; and Eastern Consolidated is picked to market a possible redevelopment in Manhattan’s Upper East Side.
Real Estate Company Proves 2012 a Good Year for Selling Out
ST Residential has recently sold out three communities in Atlanta.
Nonprofit Acquires Third LA Property to House Homeless Veterans
Serene Haven Inc., a nonprofit that acquires and renovates residential properties to provide housing to homeless military veterans and their families, has acquired a property located on West 54th Street in Los Angeles.
Jasper by Alta Benefits from Heritage of Seattle’s Wedgwood Enclave
Wood Partners announced pre-leasing has begun at its Jasper by Alta apartment community in Seattle’s unique and historic Wedgwood community.
TODAY'S DEALS: Savanna, Pantzer Partner to Close $196M Purchase
Savanna joins Pantzer Partners in the ownership of a large Long Island asset; AREA partners with Harbor Urban on a Seattle apartment initiative; and Beech Street Capital provides $7.8 million for the refinance of an apartment community in New York state.