Chris Pemberton

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  • On the Market: 5 Interesting Listings for the Week of 7/17

    This week's listings include a historic property in Staten Island and a speculative condo development deliverable with full entitlement in Scottsdale, Ariz.

    21 July 2017 14:23
  • Top 10 Portland Apartment Owners

    Demand is on the rise in the city again, after three years of increased development. Rent growth continues to slow down and is now on par with the national average.

    05 October 2017 15:15
  • Lightstone Grabs $71M AL Portfolio

    The properties, all located in Mobile, include the 675-unit The Estates at Lafayette Square, the 450-unit Pine Bend & Hampton Park and the 200-unit Bel Air.

    21 July 2017 15:08
  • Kayne Anderson Snags Sentio Investments for $825M

    Under the terms of the agreement, the company will acquire the outstanding shares in an all-cash transaction. The assets, located across 16 states, include senior housing communities as well as medical office buildings.

    09 May 2017 08:15
  • Beacon Communities Buys NDC, $250M Portfolio

    The residential development company now owns National Development Corp. and its 59 properties, most of which are affordable communities. The portfolio is valued at more than $250 million and expands Beacon’s portfolio to 14 states.

    02 October 2017 21:01
  • Transactions: September 2017

    The following is a list of transactions that were announced between April 24 and Aug. 26, 2017.

    04 September 2017 12:58
  • CalAtlantic Homes Opens Raleigh-Area Community

    Silver Grove is a new townhome property in Cary, N.C., five miles from the Research Triangle Park. Pricing starts in the low $300,000s.

    09 October 2017 14:29
  • Minneapolis Community Receives $13M Refi

    Dougherty secured a 35-year term loan for the refinance of a Minneapolis community. The company plans a $3.4 million upgrade of the property as part of the transaction.

    04 May 2017 10:31
  • The Top Sources of Ancillary Income

    At the 2017 National Apartment Association Education Conference and Expo, panelists discussed punitive fee-based charges and service upgrades at communities.

    20 September 2017 16:08
  • Investment

    In the second quarter of 2017, the price per square foot for multifamily properties averaged $179,000, with Mid- and High-Rise Apartment properties at $280,000 and Garden Apartments at $118,000.

    30 August 2017 14:23