Property Types
Castle Lanterra Sells $50M Chicago Community
The 424-unit Midpointe underwent extensive upgrades to both the interiors and exteriors, including the addition of a resident lounge and fitness center created from underutilized storage space.
Hines to Enter Italy’s Student Housing Market
The company plans to develop a student housing community that will offer 600 beds, including micro-housing units, located near Bocconi University.
Marcus & Millichap Arranges Sale of 3 CO Assets
The properties in the transaction include Elm Grove and Shadow Tree—which the buyer plans to renovate—as well as Fitzsimons Place, all located in Aurora, Colo.
Watercrest Opens New FL Luxury Assisted Living Facility
Located halfway between Miami and Orlando, Watercrest St. Lucie West offers 102 assisted living and 26 memory care units, along with resort-style services.
Senior Housing Stakeholders Weigh In on 2018: JLL
According to the company’s first Senior Housing Investor Survey and Trend Report, the sector is expected to have a steady occupancy rate and increases in rent growth.
HFF Secures $49M for Stadium View in MN
The 277-unit, 956-bed Minneapolis community serves students at the University of Minnesota and includes a fitness center, a game room, tanning beds and a 24-hour concierge.
CBRE Brokers Sale of 144-Unit SC Community
Beacon Ridge in Greenville traded for $14.6 million. Represented by CBRE’s Kevin Kempf, Parker Yates, David Lansbury and Phil Brosseau, Grubb Properties sold the asset to PRG Real Estate.
Copeland Lands $33M for TX Asset
The loan will be used to finance the ground-up development of Grand on Beach Apartments, a 302-unit community located northeast of Fort Worth.
UW-Milwaukee Student Housing Development Fetches $8.3M
Triad Real Estate Partners represented Wangard in the sale of The Park at 1824, a 61-unit, 173-bed community.
Townsend Group Secures 2 in Atlanta Suburb
The company acquired ARIUM Kennesaw and ARIUM Kennesaw Villas, totaling 524 units. Carroll Organization purchased the properties in 2015 as part of Carroll Multifamily Real Estate Fund III LP.