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  • Greystar-Led Fund Acquires Monogram Residential

    The $3 billion deal encompasses 49 communities and nearly 14,000 units in 10 states. Joining Greystar as the REIT’s co-owners will be affiliates of APG Asset Management N.V., GIC and Ivanhoe Cambridge.

    10 July 2017 16:12
  • $500M Fund to Focus on Suburban Multifamily

    Greg Ward, CIO at Atlantic|Pacific Real Estate Cos., revealed the company’s plans for its second multifamily investment fund with Blue Arch Advisors and the challenges they face in the multifamily market.

    05 July 2017 15:24
  • Historic Lafayette Park’s First Luxury Community in 40 Years

    DuCharme Place is a $45 million multifamily project inspired by architect Mies' design of Lafayette Park, the historic district near which the community is situated. The 185-unit development was financed through a HUD loan, one of the only sources of financing for the few ground-up housing projects planned in Detroit in the early 2000s.

    04 October 2017 15:21
  • JLL Leads TX Community Transaction

    Canopy Apartments now owns Barcelona Apartments, a 64-unit property located in Kingsville, Texas, and a former asset of Coastal Barcelona. The new manager is 3CM Multifamily.

    12 September 2017 14:35
  • Western National Begins Construction of Luxury CA Development

    The company has started building its 11th property in Brea. Calligraphy, a 206-unit community, is expected to be completed in early 2019.

    06 September 2017 14:21
  • Russo Development Begins Work On NJ Apartments

    Once construction is complete, Vermella West will add 280 apartment units to the Northern New Jersey submarket. The property will comprise four residential buildings and more than 15,000 square feet of amenity spaces.

    22 September 2017 14:06
  • CBRE Brokers $28M Sale of Jacksonville Community

    Resource Real Estate acquired the asset which boasts numerous community amenities including a resort-style swimming pool and sundeck, a clubhouse and tennis court.

    03 August 2017 18:03
  • Walker & Dunlop Arranges $86M for Portfolio Upgrade

    The financing will support the renovation of 1,208 units in Florida and Texas, as well as enable the borrowers to recapitalize the assets and handle deferred maintenance.

    17 August 2017 18:58
  • New Luxury Senior Living Community Coming to Dallas

    Construction is underway at Firewheel Senior Living Residences, a new 154-unit community in Garland, Texas. Seneca Investments plans to open the property by the end of 2018.

    18 July 2017 12:31
  • Economy Watch: Construction Spending Edges Down in June

    Private and public spending both decreased in June, with all property types seeing a decline aside from office construction, according to the U.S. Census Bureau's latest report.

    02 August 2017 13:56