LoDo Submarket

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  • Parcel Pending Launches Refrigerated, Outdoor Smart Lockers

    The temperature-controlled storage spaces are cooled to 35-44 degrees Fahrenheit, while the outdoor lockers are designed for multifamily properties that lack indoor common space.

    26 June 2017 07:03
  • Covenant Sells 272-Unit Atlanta Asset for $32M

    The deal continues the Atlanta market momentum for Covenant Capital Group, following the company’s sale of the 500-unit Viera Briarcliff in June for $76 million. Mike Kemether and Travis Presnell of Cushman & Wakefield worked on behalf of StoneBridge Investments, the seller, while Elliott Throne, Gregg Shapiro and Ware Shipman of HFF secured acquisition financing.

    03 August 2017 18:22
  • TX Developer Starts Work on CA Student Housing

    Fountain Residential Partners broke ground on the 174-bed Campus Walk community in Chico, Calif. The property will serve the students of California State University-Chico and Butte College.

    10 August 2017 08:38
  • Stepp Facilitates Long Beach 1031 Exchange

    The three-property portfolio traded for $10.6 million or nearly $189,000 per unit and closed at a 4.6 percent cap rate.

    31 May 2017 14:03
  • Extra Credit: Investing in Student Housing

    The number of people enrolled in higher-education programs—20.5 million at the start of the current school year—explains much about investor interest in the student housing niche. Find out who’s buying and who’s lending now.

    19 June 2017 11:42
  • Inland Lands 332-Unit AL Community

    A nonlisted multifamily REIT sponsored by the company purchased The Verandas at Mitylene in Montgomery for $37 million. The asset was formerly managed by Flournoy Properties.

    09 August 2017 16:54
  • South Salt Lake City Property Trades for $67M

    On behalf of a private investor, Marcus & Millichap arranged the sale of Lionsgate, a 15-building multifamily property in Murray, Utah. The 400-unit asset is located within minutes of Interstate 15.

    12 September 2017 15:51
  • Fort Worth Luxury Development Lands Construction Loan

    Talos Holdings plans to break ground this month on a new 300-unit luxury community in Fort Worth, Texas. The development is scheduled for completion by the end of 2018.

    07 August 2017 15:16
  • CMBS Delinquencies

    Retail properties had the largest decline, at $639 million, while office decreased by $518 million.

    19 June 2017 18:10
  • Economy Watch: Economy Creates 220K Jobs in June

    Job growth in June exceeded the average of 194,000 jobs created over the past three months, according to the Bureau of Labor Statistics latest jobs report. The April and May job numbers were also revised up.

    07 July 2017 14:05