Billy Pettit

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  • CA Senior Living Breaks Ground in AZ

    The $25 million Quail Park in Oro Valley includes 101 units, with a portion dedicated to assisted living, and the $32 million Quail Park at Morrison Ranch includes 83 assisted living units and 32 memory care suites.

    11 May 2017 15:45
  • 4 Developments Coming to Suburban NY

    The developers announcing the Mount Vernon, N.Y., projects include The Alexander Group/Bluestone, Direct Investment Development, Enclave Equities and Simone Development Cos. The initiative aligns with the state's new $2.5 billion housing package aimed at attracting investment in market-rate housing statewide.

    14 June 2017 09:01
  • Salem Receives Approval for $750M Honolulu Towers

    The development includes 78 affordable apartments for seniors as well as 450 hotel units and condos. EAH Housing will be in charge of the affordable component.

    09 October 2017 18:03
  • NorCal 410-Unit Portfolio Trades for $52M

    Berkadia brokered the sale and secured $38.9 million in financing for six apartment properties in Chico, Calif.

    20 April 2017 18:00
  • LA’s First Automated Parking Garage Community Changes Hands

    Lee & Associates represented both the buyer and the seller of the eight-unit property which was fully occupied at the time of the transaction.

    09 May 2017 07:05
  • Is it Really the Best Idea to Make a Superstar Leasing Consultant an Assistant Property Manager?

    The apartment industry has a very consistent career path: Leasing consultants get promoted to assistant property managers, who then get promoted to property managers and beyond. But does that really make sense in all situations?

    17 April 2017 14:37
  • JLL Brokers Downtown Phoenix Land Sale

    Due to rising rents, as well as employment and population growth that keep demand high, Clark Street Holdings acquired 1.3 acres on which it plans to develop a residential high-rise property.

    06 April 2017 14:00
  • DC Asset Changes Hands for $3.5M

    Marcus & Millichap closed the sale of Gresham House, a 15-unit community in the Columbia Heights neighborhood of Washington, D.C. The property includes 3,358 square feet of retail and office space.

    20 June 2017 15:59
  • A Smart Bulb That Reacts to Sound & Motion

    Heelight is a digital light with 30 different modes that can be controlled by using a smartphone app. By scanning a QR code, the bulb can be operated without Bluetooth or Wi-Fi like other smart options on the market.

    24 August 2017 14:19
  • Lantower Lands 451-Unit FL Asset

    The company purchased Seneca at Cypress Creek, a 2010-built community in the Lutz/Wesley Chapel submarket of Tampa, Fla. With this acquisition, Lantower’s portfolio comprises 14 multifamily properties totaling 4,600 residential units.

    16 October 2017 14:31