Kitchell Development

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    Greysteel’s Michael Stimler and Ari Azarbarzin will market the 10-unit 185 Prospect Park W. The property was constructed in 1920 and is located steps away from the 15th Street-Prospect Park subway station.

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    Acquired from The Shelter Group, the portfolio comprises 43 communities in Pennsylvania, Maryland and Virginia. Enterprise plans to keep the properties affordable.

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  • Economy Watch: Economy Creates 156K Jobs in August

    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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  • Post South Lamar Phase II Finalized, Begins Leasing

    The 344-unit community, located in Austin’s West End submarket, offers studio, one- and two-bedroom units averaging 734 square feet. The leasing activity has started and the property will open on June 15.

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  • Bell Partners Acquires Annapolis Asset

    The company purchased the now rebranded Bell Annapolis on West, a 300-unit community. Including this property, Bell Partners has completed $645 million in multifamily acquisitions in 2017.

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  • Franklin Street Closes Sale of 111-Unit Florida Asset

    Cornerstone Pointe Apartments traded for $10.6 million. Milbrook Properties Ltd. purchased the community from Everett Realty Services. The community last traded in 2010 for $3.6 million.

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  • UA Builders Nabs Another Bronx Propco Project

    The construction firm is partnering with Badaly & Badaly Architects to deliver a 120,000-square-foot residential development in the West Bronx.

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  • Xpera CM Wraps Up San Diego Affordable Community

    Tenants are already moving into the 205-unit building developed by Wakeland Housing and Development Corp.

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  • RADCO Acquires 6th Tampa Community

    Newly renamed Sunstone Palms, the 536-unit community will be the beneficiary of nearly $8 million worth of capital improvements.

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  • Financing Affordable Communities in NY

    James Dittbrenner, managing director at Sterling Bank, discusses the process behind a bank's decision to finance affordable housing projects such as the Newburgh CORe Neighborhood Revitalization in Orange County, N.Y.

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