Lerner Enterprises

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  • Naples Community Changes Hands for $67M

    The seller completed a series of improvements during its ownership, including the renovation of the clubhouse and the creation of a private fitness studio.

    25 July 2017 17:53
  • CIM Sells Manhattan Luxury Tower for $80M

    A joint venture purchased the 110-unit Madison Park Tower, a onetime hotel, using a $65 million acquisition loan from affiliates of Square Mile Capital Management.

    04 October 2017 16:13
  • Historic Lafayette Park’s First Luxury Community in 40 Years

    DuCharme Place is a $45 million multifamily project inspired by architect Mies' design of Lafayette Park, the historic district near which the community is situated. The 185-unit development was financed through a HUD loan, one of the only sources of financing for the few ground-up housing projects planned in Detroit in the early 2000s.

    04 October 2017 15:21
  • 2017 Top Brokerage Firms

    As the economic expansion heads for the 10-year mark, one question is uppermost in the minds of most industry professionals: “How long can the good times keep rolling?”

    13 June 2017 10:56
  • Hines, McCaffery Break Ground in Chicago

    A new mixed-use building anchoring the Lincoln Park neighborhood is set to rise on the former Children’s Memorial Hospital site.

    09 May 2017 15:22
  • MJW Property Buys SoCal Asset for $44M

    Berkadia completed the sale of the 230-unit community in Menifee, Calif., at a sub-4.4 percent cap rate. The asset had an occupancy rate of 95.7 percent last month.

    28 April 2017 08:12
  • Trammell Crow Breaks Ground on Garden-Style MA Apartments

    Alexan Billerica, a three-building, 178-unit community in Billerica, Mass., is expected to be completed in December of 2018.

    14 September 2017 18:27
  • Southwest Houston Apartments Change Hands

    Ilan Investments sold Winding Trails Apartments in Houston to One Real Estate Investment. The 438-unit community was 93 percent occupied at the time of sale.

    01 August 2017 17:03
  • PAC to Invest $18M in NC Multifamily Asset

    The aggregate loan will be used by Oxford Properties to develop a 338-unit community in Charlotte. The investment comes with an option for PAC to acquire the asset following stabilization for a convenient sum.

    22 August 2017 15:56
  • Eden Breaks Ground on $87M North Miami Beach Property

    NOMA North Miami Beach, a 354-unit mixed-use project, will be the first of its kind to rise in the new urban town center on the city’s east side.

    08 May 2017 15:07