Arbor Pointe Apartments

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    W. Allen Morris, president & CEO of The Allen Morris Co., offers his views on how the new president will impact multifamily, trends to keep an eye on and what's on his radar for the year and beyond.

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    The company will oversee renovations to the apartments, additional improvements and upgrades. Admiral Place marks ROSS’s fourth management assignment for the community’s new owner.

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    William Montana and Christopher Sackley will coordinate the firm's multifamily sales advisory efforts in the Midwest and report to President Jim McDevitt.

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    The portfolio includes both market-rate and affordable housing communities that will be renovated using the funds. Most of the properties are owned by the Altman Cos.

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    The city's market is growing slowly, particularly in submarkets outside the urban core that still face difficulties stemming from the last downturn.

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    National Apartment Association members convened at the group’s recent Education Conference to address key topics, from maximizing ROI through design to cultivating the next generation of talent.

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    Las Palmas and The Rubix traded for $39.3 million. New plans include capital improvements and focus on military housing.

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