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    The three-phase development called Gustaf Wilhelm will break ground in June 2017 and is expected for completion in the second quarter of 2019.

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  • Westmount Welcomes New Director

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    Job growth was not as impressive in August as in previous months, but some sectors affecting the real estate industry saw job gains, according to the Bureau of Labor Statistics latest jobs report.

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    The company, which has purchased 15 multifamily properties over the past 12 months, also revealed plans to implement a $1.9 million capital improvement program to refurbish unit interiors, enhance the asset’s exterior and upgrade the amenity package.

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  • JV Lands Acquisition Loan for West Dallas Asset

    S2 Capital and Pennybacker Capital teamed up for the purchase of a 250-unit market-rate community in Arlington, Texas. Mark Brandenburg of JLL led the team responsible for arranging the acquisition loan.

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    The company's national study found that although there are generational differences when it comes to a community environment, a majority of renters are taking a growing interest in amenity offerings.

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