Prominence
The Playboy Mansion and When a Roommate Just Won’t Leave
One of the conditions of sale for the Playboy Mansion is that Hugh Hefner still gets to live there. In multifamily, what do you do when a roommate leaves and the other wants to stay—and bring in a new roommate?
SVN’s South Shore Multifamily Sales Hit $13M
SVN arranged the sale of seven multifamily buildings in Chicago’s South Shore, a market that seems to be catching the eye of out-of-state investors.
Inland Real Estate Expands Portfolio with Four Apartment Acquisitions
The communities are located in Florida, New York and Colorado.
Ivanhoé, Veritas Acquire $200M Multifamily Portfolio
The portfolio includes 16 San Francisco properties.
New $1.5B Affordable Housing Development Heads to Astoria
The new affordable housing at Halletts Point will transform the isolated stretch of the Queens waterfront into a residential community with a new supermarket, retail and community space.
Boca Raton Student Housing Portfolio Sold for $105.2M
The portfolio was sold by a joint venture partnership of Rosemurgy Properties, Giles Capital Group and Lewis Rental Properties to a New York City-based institutional investor.
Two Richmond Apartment Communities Command $14.22M
Time Equities acquired the communities, which included a total of 123 units.
CRA Closes Sale of St. Laurent Apartments
Continental Realty Advisors sold the 372-unit St. Laurent Apartments in Grand Prairie, Texas, after carrying out a successful value-add program.
Altman Companies Sells Tampa-Area Mixed-Use Community
The mixed-use community includes 239 units.