Michael Pestronk

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  • Flower Branch to Rebuild DC-Area Apartments Lost in Explosion

    The company will break ground on two buildings totaling 27 units, replacing two structures that were destroyed by a deadly fire in August 2016.

    19 March 2018 14:52
  • Bucking The Odds

    At the National Multifamily Housing Council’s annual conference in Orlando a couple of months ago, I had a chance to talk shop with one of the best in the affordable housing business: Daryl Carter, the founder & CEO of Avanath Capital Management.

    02 April 2018 09:55
  • JV Acquires $200M AZ Development

    Optima and Principal Real Estate Investors have procured phases I and II of Optima Sonoran Village Scottsdale. The partnership plans to develop phase III, which will feature a seven-story tower offering 176 apartment homes.

    19 February 2018 16:37
  • Multifamily a Force in San Marcos Growth

    As Austin, Texas, grows more popular, costly and traffic-packed, more and more home buyers and renters as well as employers have shifted their focus to nearby San Marcos.

    02 April 2018 17:45
  • AMG Realty Trades 512-Unit NM Property

    The buyer funded the acquisition of the Class C community with a $14.3 million Fannie Mae mortgage provided by Arbor Realty Trust.

    13 July 2018 10:56