James Monteforte

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  • Construction Kicks Off at Chicago’s Wolf Point East

    The 60-story, 698-unit luxury apartment tower represents the second phase of the Wolf Point master plan, a three-phase project built by Hines along the Chicago River.

    04 July 2017 15:36
  • 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
  • Republic Snags $100M for DC Apartments

    The company received construction financing from CapitalSource for Portals Residential Phase V Building, which will be a 13-story community with 373 units.

    12 June 2017 09:32
  • Resident Attraction

    Multifamily occupancy stood at 95.5 percent at the end of June, according to Yardi Matrix data, with rents continuing to climb, though at a reduced rate from the headier years of the post-recession recovery.

    08 September 2017 10:49
  • Cush & Wake Closes Sonoma County Residential Development Sale

    Blackpoint Management nabbed a fully entitled site approved for 90 units in Rohnert Park, Calif. Cushman & Wakefield advised Aldridge Development on the $3.6 million sale.

    16 August 2017 15:30
  • Arrimus Snags FL Student Housing

    The company made its second purchase from Parkland Development Corp. this year with the Forum at Tallahassee, a 264-unit community serving Florida State University students.

    12 September 2017 15:30
  • On the Market: 5 Interesting Listings for the Week of 10/02

    This week's listings include an historic French Quarter property built in the 1830s and a brand-new, 191-unit asset in Fort Lauderdale, Fla.

    06 October 2017 17:37
  • 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
  • Lowe JV Buys 304-Unit B’more Community

    The high-end Jefferson Square at Washington Hill includes 20,000 square feet of street-level retail and was completed in 2015. The seller will continue to manage the property.

    13 July 2017 16:07
  • MacQuesten to Develop $110M Mixed-Use Property in NY

    The firm’s plan is to build a 27-story property encompassing 282 residential units, 9,500 square feet of retail space and a four-story parking garage, with an option for an additional optional 50,000 square feet of office space. The project is part of the city of New Rochelle's massive redevelopment plan.

    26 June 2017 20:04