Avesta Communities

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  • REIT Values

    As of Sept. 1, 2017, the manufactured homes sector led all publicly traded U.S. Equity REIT sectors in terms of the last twelve months funds from operations (LTM FFO) multiple.

    30 September 2017 17:50
  • Denver Community Sells for $31M

    ARA Newmark represented Nichols Partnership in the sale of Turntable Studios. Built in 1967, the building was renovated and converted to multifamily in 2015.

    25 May 2017 11:38
  • Royal Capital Group Breaks Ground on Affordable WI Community

    The $20.3 million development will feature 94 units. UnitedHealthcare is the largest private investor, providing $5.4 million in equity funding.

    08 November 2017 16:51
  • Cush & Wake Brokers Sale of 294-Unit KY Community

    Mike Kemether and Craig Collins of Cushman & Wakefield represented the seller, Stratford Asset Management Co., in the $25.5 million transaction. RealSource Properties acquired the property, Breckinridge Square.

    28 August 2017 22:05
  • 2017 Leading Real Estate Law Firms

    As the real estate industry continues to adapt to new regulations impacting its business, legal counsel is becoming increasingly vital when completing transactions.

    04 September 2017 12:26
  • Above Ambiance: Aromatherapy in Senior Housing

    The award-winning Essence program has proven to alleviate stress, anxiety and depression, while supporting healthy digestion and positive emotional responses, for residents of The Sheridan at Lakewood Ranch, a senior living community in Bradenton, Fla.

    30 August 2017 19:55
  • Rent Growth

    Rents were up 2.6% nationwide in July, a 10-basis-point decline from June. Actual rents have increased every month this year, and are up 2.7% year-to-date.

    30 August 2017 14:29
  • BPDA Approves Two Residential Projects in Boston

    The two developments will bring 101 residential units to Dorchester and South Boston, including 13 affordable units, as well as ground-floor retail.

    16 October 2017 14:15
  • Green Bridge Closes Bulk Cleveland Sale

    Investment Group purchased the assets for $2.9 million. The 90-unit portfolio will undergo a renovation process, estimated to cost between $100,000 and $300,000.

    21 August 2017 20:26
  • Winning Favor

    Getting apartment residents to think green can often be a heavy lift, since renters typically don’t have a direct financial stake in their homes. However, there are creative strategies to get residents engaged in energy conservation in a way that benefits them and their apartment community, according to these industry veterans.

    01 May 2017 14:20