Bridge at Center Ridge

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    Newgard Development Group is working with the home-sharing company to form Niido, which will own a 324-unit apartment building in Kissimmee, Fla. Residents can share their units and access various tools, including a new app that supports checking in and assisting guests.

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    Greystar's Arts District AMP Lofts, which includes 320 units and retail space, received a 48-month construction loan from CIT’s Real Estate Finance .

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    The joint venture broke ground on resort-style apartments in the Ocotillo master-planned community in Chandler, Ariz. Arista at Ocotillo will feature 211 units and reflects the Santa Barbara style of design.

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    The study found that the average cost in the New York City borough continues to drop, but downtown is still thriving when it comes to condo, co-op and new development purchases.

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    Delinquencies continued to drop year-over-year as of June 2017, except for the lodging sector, which increased by $1 million.

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    Nexa, located in North Tempe, Ariz., consists of 399 units and 4,300 square feet of ground-floor retail. The community is part of a larger redevelopment plan for the Apache Corridor.

    13 July 2017 17:17
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    All four indexes of the NMHC's quarterly survey were below the breakeven level of 50, indicating that U.S. apartment market conditions are softening despite continued strong demand. New supply is finally catching up, and there seems to be more caution among buyers and lenders, noted NMHC Chief Economist Mark Obrinsky.

    21 April 2017 13:56
  • Oakwood Opens 3rd LA Corporate Housing Property

    The 201-unit community is the ninth U.S. corporate housing asset owned by Singapore-based Mapletree Investments, the firm’s parent company.

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    ApexOne Investment Partners and Collier Cos. have secured Ocean Oaks Apartments in Volusia County. The circa 1988 property includes 37 buildings and 296 units.

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    A rezoning plan calls for as many as 4,000 residential units on a site owned by Ford, which is expected to be put on the market by early 2018.

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