Michael Costa

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    Dubbed the Alexan Webster, the 1.42-acre destination will include 234 luxury apartments with 15 percent of its units designated as affordable. Completion is scheduled for summer 2019.

    18 July 2017 15:58
  • DC Community Trades for $10M

    Greysteel brokered the sale of Cascade Park Apartments on behalf of NOVO Properties, located within minutes of the Capitol Riverfront. According to Yardi Matrix data, occupancy is currently at 94 percent.

    18 October 2017 15:24
  • KWA Construction Appoints New EVP

    Tayloe Call will work with President Brian Webster and oversee daily operations. He has more than 20 years of experience and most recently served as president & COO of LECESSE.

    19 June 2017 16:17
  • How Independent Apartment Owners Can Increase Income

    Independent owners can maximize income and value using similar tools to their institutional counterparts'. Here are some suggestions from the National Apartment Association's recent Education Conference.

    28 June 2017 15:31
  • Boston Capital Nabs Charlotte, NC Community

    The company acquired the 368-unit property on behalf of Boston Capital Income & Value U.S. Apartment Fund. The cost of purchase, including improvements, reached $60 million.

    07 September 2017 18:31
  • Attacking the Hack: How to Keep Resident Data Safe

    Cybersecurity breaches are an ever-growing concern, as almost every month seems to bring news of a major incident. In the multifamily industry, the issue came to the forefront three years ago when Essex Property Trust announced a major intrusion.

    11 September 2017 13:12
  • Aztec Group Welcomes New Managing Director

    Peter Mekras’ industry background includes more than $1.85 billion in closed sales and capital market transactions involving apartment communities, fractured condominiums, developed lots, land, retail and office space.

    04 October 2017 18:40
  • Economy Watch: Most Metros Enjoy Low Unemployment

    Of the 388 U.S. metro areas, 340 had unemployment rates that were lower in July than a year earlier, according to a recent Bureau of Labor Statistics report.

    31 August 2017 13:51
  • Can You Afford to Live in NYC?

    Only nine out of the 139 neighborhoods included in a RentHop study have median asking rents that can be afforded with 35 percent of the area median income.

    21 August 2017 12:37
  • Far South Houston Community Changes Hands

    Highland Capital Management sold Regatta Bay Apartments, a 240-unit community in Seabrook, Texas, to Lloyd Jones Capital. This is the eleventh Texas property operated by the new owner.

    19 July 2017 17:34