Michael Klein

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  • Steadfast REIT Snags Dallas-Area Community for $44M

    The 300-unit Point at Vista Ridge, which is 94 percent occupied, will be conducting an apartment overhaul as part of the company's value enhancement strategy.

    05 June 2017 16:59
  • NRP Group Launches Third-Party Construction Unit

    NRP Construction will be involved in residential construction projects in Texas. The company’s specialty is design-assist and design-build.

    25 October 2017 14:10
  • Richmond Community Changes Hands

    The 75-unit 2001 East Apartments, which is located close to the Church Hill Historic District, traded for $9.7 million. Rents at the residential property, which also has two commercial suites, equate to an average of $1,177.

    09 June 2017 16:39
  • Grosvenor Americas Opens High-End DC-Area Community

    The property offers 243 studio, one- and two-bedroom apartments and access to an array of luxury amenities, including a 24/7 concierge. It also provides a 15-minute commute to Washington, D.C.

    21 September 2017 17:18
  • Unearthing Alpha: Where are the Next Opportunities?

    The job market continues to be the most telling gauge of performance, fueling demand for all property types.

    16 August 2017 14:30
  • PASSCO Acquires Space Coast Property

    The company intends to initiate an array of capital improvements at the Class A property, which it purchased from Flournoy Cos. KeyBank Real Estate Capital’s Commercial Mortgage Group arranged acquisition financing for Passco Cos. through Fannie Mae.

    22 May 2017 14:49
  • RADCO Acquires Fifth Apartment Property in Houston

    Champions Village Apartment Homes, which will be rebranded as City Gate at Champions, includes 278 units and will be overseen by the company's management platform.

    18 July 2017 15:19
  • NY Launches $20B Affordable Housing Initiative

    The five-year plan was created to combat homelessness and proposes $10 billion to create and preserve more than 110,000 units across the state, including 12,000 units is designed through the newly enacted "Affordable New York" program.

    25 May 2017 16:55
  • Economy Watch: Economy Creates 156K Jobs in August

    Job growth was not as impressive in August as in previous months, but some sectors affecting the real estate industry saw job gains, according to the Bureau of Labor Statistics latest jobs report.

    01 September 2017 14:36
  • Historic DC Patterson Mansion’s Makeover Now Complete

    Saul Urban joined hands with Rooney Properties and BedRock Real Estate Partners to renovate and expand the more than 110-year-old property and turn it into 92 apartment units.

    19 May 2017 18:11