Mark Drake

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    The $23.3 million in Fannie Mae loans will pay for green property improvements at Echo Ridge and English Village, two communities located on the southeast side of the city.

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    Martinique Bay received renovations to 91 of its units before being sold off to Security Properties. The company plans to add value to the property by improving the rest of the units and also add exterior upgrades.

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  • AZ Asset Trades for $20M

    Completed in 1990, the 312-unit Rio Santa Fe Apartments is the second-largest community in Yuma and is located within easy reach of several retail and dining options.

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  • Economy Watch: Construction Spending Edges up in October

    Most of the month's gain was in the nonresidential construction sector, as multifamily construction spending dropped in October, according to the U.S. Census Bureau's latest report.

    04 December 2017 14:19
  • ARA Newmark Brokers Sale of $131M MD Asset

    The Avanti is a 930-unit community in District Heights, Md. Constructed in 1965, the property underwent renovations between 2012 and 2016.

    08 December 2017 19:47