David S. Brown Enterprises

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  • Melo Group Tops Off Miami Condos

    The waterfront development is situated along Biscayne Bay in the Arts and Entertainment District. Of Aria on the Bay's 648 units, 80 percent are already under contract.

    03 May 2017 14:40
  • TWO Capital Breaks Ground on Charlotte Suburb Community

    Capital Club will be a 312-unit community in Indian Land, S.C. Patterson arranged a preferred equity investment from RSE Capital Partners as well as a construction loan from Texas Capital Bank and HomeTrust Bank.

    02 October 2017 23:34
  • Tradition Senior Living Enters Houston

    The company broke ground on a 316-unit community slated for completion in late 2018. The two-building property will offer a continuum of care, including independent living, assisted living and memory care.

    01 August 2017 15:03
  • Strong Fundamentals Fuel Heavy Development in DC

    Young professionals, drawn by the metro’s well-paying jobs, are pushing up demand for upscale communities in transit-oriented and live-work-play areas. However, a robust construction pipeline—the third largest in the country—is maintaining a modest rent increase, raising concerns of overbuilding.

    27 September 2017 13:24
  • San Antonio Community Gets $17M in Fannie Mae Financing

    Dougherty Mortgage LLC arranged a 12-year Fannie Mae acquisition loan for the 344-unit community Parc 410 Apartment Homes in San Antonio.

    11 April 2017 16:49
  • Demographic Shifts Pick Up Speed in Orange County

    Employment gains, a moderate supply of new development and a high barrier to homeownership have bolstered strong multifamily demand, pushing up rents and keeping occupancy over 96 percent.

    01 September 2017 13:02
  • Overbuilding in Richmond?

    Following several years of strong supply, the area's multifamily market is shifting down a gear. With almost 20,000 units in the pipeline, the metro is at risk of overbuilding.

    26 June 2017 13:16
  • Passco Trades Remaining Interest in KS Property for $48M

    The company sold The Village at Lionsgate, a 360-unit community in the Kansas City MSA. Mac Crowther, vice chairman at ARA Newmark’s Kansas City office, represented both parties in this transaction.

    16 August 2017 17:31
  • Tampa Stays Hot

    The metro's market is healthy, displaying solid fundamentals and producing strong growth. Robust investor interest and broad employment gains are driving demand across asset classes, with population growth leading to higher occupancy rates and rents.

    30 June 2017 13:36
  • The Edge on Euclid Begins Leasing

    The 262,000-square-foot luxury student housing community offers one- to four-bedroom units. The community is in close proximity to Cleveland State University Campus.

    17 July 2017 16:46