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    The 576-unit property was 97.9 percent occupied as of May. The company purchased the asset in 2014 for $57.8 million from Holland Partners.

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    ZOM Living has closed on the purchase of a 2.76-acre parcel in Charlotte, where the company plans to break ground in early 2018 on Hazel SouthPark.

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    The metro’s multifamily market is expanding rapidly as a result of its strengthening economic fundamentals. Investor demand is robust, with more than $2 billion in properties changing hands during each of the past two years.

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    03 August 2017 18:22
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  • Dougherty Secures $14M HUD Loan for Minneapolis Community

    The company secured a 35-year term loan for Prairie Meadows Townhomes, a community located in Eden Prairie, Minn. The property consists of 168 fully affordable units.

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  • Berkshire Group Debuts 2 Boston Towers

    The company developed The Benjamin and VIA, part of the $600 million One Seaport development, the largest mixed-use project in the area in more than 30 years.

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  • On the Market: 5 Interesting Listings for the Week of 9/18

    This week's listings include the recently completed rehabilitation of an historic 18-unit building in Jersey City, N.J., and a new townhouse asset in New Hampshire that comes with an adjacent lot available for future development.

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  • LMC Tops Off Pair of Seattle Communities

    Valdok, a seven-story, 178-apartment community, is located in the city’s Ballard neighborhood. Axle, an eight-story, 226-unit community seeking LEED Gold certification, is situated in the city’s Interbay community.

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