You May Also Like

  • IRET Buys in Hot Twin Cities Market

    The company acquired the 500-unit Park Place in Plymouth, Minn., for $92.3 million. The community consists of four apartment buildings and is currently more than 95 percent occupied.

    18 September 2017 17:49
  • Warmington Properties Secures $190M for Portfolio Refi

    Walker & Dunlop Inc. structured five Freddie Mac loans and one Fannie Mae loan, totaling $190.2 million, with 10-year terms and 30-year amortization schedules, to refinance nine California and Nevada communities held by Warmington Properties. Warmington began a value-added program across its portfolio in 2014, including the complete renovation of property amenities, building exteriors and unit interiors.

    10 May 2017 19:13
  • Portland on the Park Welcomes First Residents in Phoenix

    Habitat Metro and Sunbelt Holdings developed the project, which is already 72 percent sold. The property is the second and final phase of the Portland Place mixed-use development.

    04 May 2017 12:07
  • Post-Recession Apartment Boom Earns Long Island City Top Spot

    Of all the apartment construction we witnessed in the past few years, 10 U.S. neighborhoods stand out for the greatest numbers of apartments built in the post-recession rental boom era.

    24 July 2017 16:24
  • 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
  • Albuquerque: On the Mend

    The area's multifamily market is held back by a persistent struggle with a sluggish labor market. Despite being the hub of New Mexico’s technology corridor, the metro has experienced only modest population and employment growth throughout the recent economic expansion.

    06 July 2017 13:02
  • Culture as the Ultimate Business Fuel

    Jared Miller explains how to make an organization run smoothly and efficiently, drawing on his experience at companies such as Lane, RedPeak, Bainbridge and his current position at Homestead Development Partners.

    05 July 2017 18:18
  • Atlanta’s BeltLine Expands with $80M Project

    North American Properties has broken ground on the Edge, a mixed-use, mixed-income community that will transform an environmentally contaminated site.

    27 June 2017 08:43
  • Kiser Group Brokers Uptown Chicago Community Deal

    The sale of the 41-unit property closed at $4.9 million. The asset is a 1920s vintage building consisting mostly of studio apartments.

    07 November 2017 10:44
  • Bell Partners Closes $600M Fund

    : Value-added Bell Apartment Fund VI invests in multifamily properties in the United States, leveraging the apartment and managing firm’s operating platform.

    21 June 2017 08:37