Operations & Technology
6 Apartment Trends That Would Be Nice to See
Sometimes trends take a hold of an industry, and it seems like everyone gets on the bandwagon. Here’s a list of things I hope will start to trend in the apartment industry.
Bascom Buys Honolulu Multifamily for $73.5M
Bascom Group has bought Oasis at Waipahu Apartments, a 406-unit property in Waipahu, Hawaii, for $73.5 million. According to the buyer, the deal represents the largest multifamily transaction in Hawaii since 2007.
Downtown Senior Apartment Project Lands New Equity Partner
By Gabriel Circiog, Associate Editor The economic downturn has taken its toll on many developments around the country, but a long-delayed downtown Denver senior-living project is set for a comeback as The Denver Post reports the developer has landed a new equity partner. Balfour Cosmopolitan LLC bought the 95,607-square-foot property back in 2006 for $7.7 […]
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.
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.
The Village at Market Creek Awarded LEED-ND Silver Certification
By Gabriel Circiog, Associate Editor The Village at Market Creek has become the third project in the country to receive LEED Neighborhood Development approval after receiving a Silver designation under the LEED-ND rating system. The LEED-ND application process for The Village was funded through a grant awarded in partnership by the United States Green Building […]
M West Completes Acquisition of Lofts In L.A. Arts District
Once, the building in downtown Los Angeles served as the distribution warehouse for the Los Angeles grocery chain J.R. Newberry Company, founded in the late 19th Century. Last week, what had since come to be called 900 East 1st Street Lofts was acquired by M West Holding.
UBS Buys North Hollywood High-Rise Apartments for $74 Million
By Alex Girda, Associate Editor In a $74 million deal, a fund controlled by UBS Inc. has acquired the 180-unit NoHo 14 apartment complex in North Hollywood. NoHo 14 fetched $15 million more than it did in its previous transaction in June 2010, when it was acquired in an REO sale by a joint venture […]
HNN Associates Selects Contact At Once! to Provide Apartment Chat
Contact At Once!, a leading provider of apartment chat software, announced that HNN Associates, a multifamily property management company located in Bellevue, Wash., has selected Contact At Once! to power online chat across all of their consumer-facing websites.
Engler Financial Group Collecting Bids on Jasmine Woodlands
Engler Financial Group LLC, on behalf of its owner, Lyon Management Co. Inc., recently collected bids to purchase the Smyrna, Ga.-based garden-style apartment community known as Jasmine Woodlands.