Prominence
WinnCos. Completes Largest DC Community Solar Project
The District’s Department of Energy and Environment awarded the firm a grant from its Solar for All program, which the company used to install a 651 kW rooftop facility at Atlantic Terrace Gardens.
Timberland Partners Snags FL Asset
The company plans to invest $3 million in renovations to Huntington at Sundance, a 292-unit community in Mulberry.
SummerHill to Develop 172-Unit SF Community
KTGY is designing the mixed-use 988 El Camino Real, which will include a lounge, fitness studio, bike hub, dog park and trail.
Multifamily Acquisitions in Emerging Markets
Continental Realty Advisors’ David Snyder discussed investment opportunities in markets such as Las Vegas, ways to maximize returns and why in-depth research is essential to expertly deploying capital.
JV Acquires New Fort Myers Property for $71M
Coastal Ridge Real Estate Partners and H. Katz Capital have secured Florida property Spectra, which includes 324 units.
Berkadia Arranges $74M for 2 FL Communities
The firm secured $34.5 million for The Queue Apartments in Fort Lauderdale and $39.5 million for Advenir at the Oaks in Ocoee.
Upscale Demand Boosts Rent Growth in Richmond
After trailing the U.S. average throughout the current cycle, the metro’s rent growth reached 2.6 percent as of December, bucking the national trend during 2017’s fourth quarter.
Top 10 Dallas Completions of 2017
More than 17,000 units came online over the past year, as the metro continues to attract both domestic and foreign investors.
Samuels & Associates, Landsea Debut Boston Luxury Tower
Designed by Arquitectonica, Pierce Boston features 240 apartments, 109 condos and 20,000 square feet of ground-floor retail and dining.
San Diego Remains a Landlord’s Market
Demand continues to be healthy in the area, sustained by demographic expansion and a sluggish pipeline. Rent growth ended 2017 at 4.6 percent, nearly double the U.S. average.