AREA Property Partners

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  • New Apartments in Brooklyn to Begin Leasing

    Leasing will begin later this summer at 50 North 5th St., a newly constructed 229-unit rental property in the Williamsburg neighborhood of Brooklyn. Mack Real Estate Capital Group and Urban Development Partners developed the project, which was formerly known as 204 Wythe Ave.

    Northeast 21 June 2013 18:16
  • Dallas Mixed-Use Development Unveils First Apartment Phase

    For anyone seeking evidence of a strong market for pedestrian-friendly, urban lifestyles in Dallas, ample proof is provided by the BLVD, a new mixed-use development rising in an area of the city near Southern Methodist University and Mockingbird Station.

    South 18 May 2012 14:57
  • Savanna, Pantzer Partner to Close $196M Purchase

    Savanna joins Pantzer Partners in the ownership of a large Long Island asset; AREA partners with Harbor Urban on a Seattle apartment initiative; and Beech Street Capital provides $7.8 million for the refinance of an apartment community in New York state.

    National 16 March 2012 19:08
  • AREA Property Partners Acquires 1,180 Units in Virginia

    AREA Property Partners buys a large asset in Alexandria, Va.; Chestnut Hill Realty completes an addition on a Massachusetts re-positioning; and Mortgage Equicap arranges a $17 million construction loan.

    National 28 February 2012 20:19

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    The 16-building community feature one- and two-bedroom units averaging 817 square feet. Cushman & Wakefield worked on behalf of the seller and the buyer in the transaction.

    05 October 2017 15:58
  • Peak Campus to Manage 504-Unit Student Housing Community

    University Center Chicago was acquired by a joint venture between AXA Investment Managers – Real Assets and Blue Vista Capital Management back in July. The 18-story building is located in the heart of the city and will undergo an interior renovation.

    17 October 2017 09:57
  • JV Launches VA Affordable Housing

    Jefferson Apartment Group, SCG Development and the Fairfax County Redevelopment and Housing Authority are developing Residences at Government Center, a 270-unit property in Fairfax County.

    19 July 2017 08:18
  • Greystar Sells 372-Unit Dallas Luxury Asset

    The property represents the first disposition made by Greystar Equity Partners VIII. Avana West Lemmon is situated in Uptown Dallas, near multiple shops and restaurants.

    08 December 2017 16:11
  • Empire Square Group Sells 980-Unit TX Portfolio

    Marcus & Millichap represented the seller in the transaction and procured the buyer, Falls Apartment Group. The portfolio comprises Alta Vista and Las Villas, two communities located in Pasadena.

    27 September 2017 14:26