Prominence
Castle Lanterra Buys in Denver Metro
Built in 1972, Sunset Ridge Townhomes in Westminster, Colo., includes 280 units featuring a mixture of two-bedroom and townhome units.
Carroll Organization Closes Sale of 180-Unit FL Asset
The 180-unit ARIUM San Remo features two- and three-bedroom townhomes ranging from 1,141 to 1,517 square feet. The company acquired the property in April 2014 as part of its Carroll Multifamily Real Estate Fund III LP.
JPI Scores $136M Loan for CA Apartments
Jefferson Platinum Triangle, a 400-unit property in Anaheim, will include a gym with a yoga studio, two resort-style pools with spas, a media room, a dog wash station and 730 parking spaces.
What Renters Are Thankful For
In honor of Thanksgiving, this month MHN and Kingsley Associates partnered to find out what residents are most thankful for in their communities.
SHAG Opens Newest WA Senior Housing
Lynnwood City Center Senior Living features 308 one- and two-bedroom floorplans ranging from 515 to 787 square feet. A selection of apartments is reserved for individuals and households with fixed incomes.
Largest Private Residential Rooftop Solar Project Planned for NYC
Blackstone and Ivanhoé Cambridge are working on the project at Stuyvesant Town-Peter Cooper Village, which will include adding 9,671 high-efficiency solar panels to 22 acres of rooftops.
4-Property LA Portfolio Lands $267M
George Smith Partners arranged the seven-year, fixed-rate, interest-only, non-recourse loans on behalf of G.H. Palmer. The portfolio totals 1,359 units.
Read the November Digital Issue of MHN
The November issue focuses on technology, including a look at residents’ newest demands and the tools that can help property managers better operate their properties. We also feature the platinum and gold winners of the 2017 Excellence Awards and our ranking of this year’s Top 50 Property Owners, plus the NMHC’s evaluation of five big trends in student housing.
FPA Multifamily Acquires Atlanta Community for $30M
Barclay at Dunwoody is a 204-unit apartment community in Dunwoody, Ga. Built in 1990, the community is near Perimeter Mall, which features 6 million square feet of retail.
MORGAN Enters Phoenix Market with Luxury Asset
The 474-unit Pearl Biltmore will feature studios and one-, two- and three-bedroom floorplans, as well as several loft-style units. Construction is set to begin in 2018, with completion scheduled for 2019.