Regions
Origin Investments Breaks Ground on $69M Colorado Apartments
Built in a joint venture with Massimino Development, the 280-unit community will also include affordable housing for residents making 60 percent or less of the area’s median income.
Steadfast’s REIT Merger Creates Firm with $3.3B in Assets
Steadfast Apartment REIT has acquired three affiliated REITs in separate stock-for-stock, tax-free transactions. The deal is expected to close in 2020.
Affordable Senior Housing Project Wraps Up in NYC
Foxy Management and Alembic Community Development built the Bronx project, 1880 Boston Road, in conjunction with city organizations. The 168-unit property has a price tag of about $77.8 million.
Cushman & Wakefield Represents Fifield Cos. in Chicago Deal
Jason Stevens and Todd Stofflet arranged the sale of Luxe on Chicago and secured one of the highest per-unit prices in the city’s West Town neighborhood.
The Habitat Co. Bolsters Condominium Division
David Barnhart, the newly appointed vice president, will work alongside Shruti Kumar, appointed as regional manager, in overseeing the company’s portfolio in Chicago, Detroit and Tampa.
Q&A: Sustainable Operations Practices From FirstService Residential
Kelly Dougherty, director of energy management at FS Energy, explains how the company handles expenses and maximizes operating budgets to enhance building efficiencies.
Berkadia Arranges Sale of Tempe Community
Former owner Sares-Regis Group originally acquired the 144-unit Salado Springs property for $20.2 million in an all-cash transaction in 2016.
Capital Square 1031 Expands Virginia Portfolio
The 409-unit community in Woodbridge previously traded in 2013 and received $5 million in renovations since then. The new owner plans to finish the upgrades.
Podcast: Doug Bibby of NMHC Talks Affordable Housing Solutions
The president of the National Multifamily Housing Council weighs in on causes and possible answers to the affordable housing crisis.
The Property Management Playbook for Localized Social Marketing
Find out how SOCi’s newest guide can help you transform your property management strategy and take your marketing to the next level.