Leonard Silverstein
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PAC Sells $43M Suburban Raleigh Asset
Built in 1997, the 328-unit Lake Cameron was the oldest property in the company's portfolio, having most recently traded in 2006 for just above half the current price.
Raleigh Durham 22 March 2018 13:30 -
Expanding in Florida
Why PAC turned to Florida for its latest multifamily acquisition.
South 26 May 2015 20:08 -
Preferred Apartment Communities Acquires Four Apartment Communities
Preferred Apartment Communities (PAC) announced this week it has acquired four multifamily communities comprising a total of 1,397 units.
South 01 October 2014 13:50
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NAP Trades New Atlanta Luxury Community
The 244-unit Anthem on Ashley opened earlier this year and includes 6,000 square feet of on-site restaurant and retail space.
28 June 2018 11:06 -
MHN Poll: Halloween Events
MHN has a new poll! We want to know if you allow the public to trick-or-treat in your communities.
04 October 2018 18:07 -
Beachwold Acquires 242-Unit FL Community
Read Property Group sold the asset for $20.2 million after picking it up five years earlier, out of foreclosure, for $5.2 million.
14 June 2018 14:06 -
CAMBA Debuts $100M Brooklyn Affordable Housing
The community is located on NYC Health + Hospitals' Kings County Campus and includes 293 units, 182 of which are reserved for the formerly homeless.
25 April 2018 15:28 -
2018 REIT Returns
As of May 31, publicly traded U.S. equity REITs posted a 2.1 percent one-year total return, led by the hotel sector, which beat the broader national index by 19.9 percentage points.
19 June 2018 15:03