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IRT Acquires 328-Unit Raleigh-Durham Community
Previously managing the property on behalf of RAIT Financial Trust, the company recently acquired the asset for $43 million. The community is located in the Raleigh-Durham market, in close proximity to prestigious universities and major employers.
IRT Nabs 160-Unit Kentucky Asset
The real estate investment trust paid $14.2 million to purchase Haverford Place, a community in the heart of Georgetown.
McNeill Commercial Starts Preparations for $150M M-U Development in Germantown; Independence Realty Trust Acquires Cordova’s Property
By Liviu Oltean, Associate Editor McNeill Commercial Real Estate recently acquired 19 acres of land in Germantown for the development of a $150 million mixed-use complex. The project, carrying the name Thornwood, will be located at the northeast corner of Neshoba Road and South Germantown Road, according to the Memphis Business Journal. Thornwood will comprise [...]
Trade Street Residential continues to display its penchant for well-located, high-quality, Class A assets in the South East. The apartment REIT has just completed its third acquisition since its IPO in May.South 03 September 2013 11:50