CAPREIT

  • Phoenix Realty Acquires $28M Tampa Asset

    Tuscany Villas Apartments in Brandon, Fla., will be rebranded as Alvista Sterling Palms. The company has plans to make significant exterior and interior upgrades to the property.

    Tampa 16 February 2018 14:28
  • Don’t Sleep Through the Slow Season

    It can be tempting for multifamily marketers and individual apartment communities to view the slow season as the off-season, but that can have potentially damaging repercussions. Industry experts weigh in on how to stay active during those months to kick-start leasing.

    National 17 November 2017 18:52
  • CAPREIT Snags $48M Memphis Property

    The company plans to renovate 1,002-unit Madison Cypress Lakes community, including exterior upgrades and a new clubhouse.

    South 13 October 2017 14:54
  • Secondary Markets Present Strong Opportunities

    Investing in markets outside the core presents an opportunity to capitalize on the demand for downtown assets without the downtown address. Stephen Catarinella of CAPREIT discusses what factors to consider when acquiring communities in these areas.

    National 06 September 2017 14:10
  • Affordable Housing Portfolio Secures $142M in Financing

    Harmony Housing tapped KeyBank Real Estate Capital to provide loans to six of its properties, located in Texas, Michigan, Wisconsin and Florida. Each property reserves half of the units for residents making 60 percent of the area median income.

    Austin 18 July 2017 14:23
  • CAPREIT Acquires Memphis-Area Apartments

    The 430-unit Legacy Crossing comprises one-, two- and three-bedroom affordable apartments ranging from 711 to 1,063 square feet. The company plans on making upgrades to the units.

    Midwest 30 June 2017 14:22
  • CAPREIT to Manage 3 Miami-Area Affordable Communities

    All three were purchased for $59 million in March 2017 by the American Opportunity Foundation, which plans to invest in extensive upgrades.

    Miami 26 April 2017 15:05

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    23 February 2018 16:37
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    University Developments is planning University Bridge Residences, a 20-story community that will serve students from Florida International University.

    09 March 2018 20:52
  • Top 10 Orlando Apartment Owners

    The city has a thriving market, thanks in part to an expanding young workforce. However, the metro still faces a shortage of affordable units, a growing concern for lower-paid workers.

    15 January 2018 14:28
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    The U.S. homeownership rate appears to have stopped falling after more than a decade of declines, according to a recent Apartment List Rentonomics report, which is likely to have implications for multifamily rental properties.

    13 December 2017 14:03
  • FCP Expands Florida Portfolio

    Situated in the Lauderhill submarket, Summit Palms features one- to three-bedroom units across four buildings. Avesta currently manages the asset.

    08 March 2018 08:14