Michel Hibbert

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  • PAC to Invest $18M in Atlanta Development

    Preferred Apartment Communities also has the option to purchase the 258-unit property in Lindbergh at a discounted price, following the asset's stabilization.

    03 August 2017 13:42
  • Federal Capital Partners Takes 2 in Tampa

    The company, which is headquartered outside of Washington, D.C., expanded its Florida footprint with the $21 million acquisition of two properties totaling 292 units.

    11 April 2017 17:08
  • Construction Underway on San Antonio Apartments

    SC Bodner’s project will transform an obsolete site along San Antonio’s popular Riverwalk into an upscale rental property complete with 220 luxury apartments.

    18 April 2017 14:51
  • JV Launches VA Affordable Housing

    Jefferson Apartment Group, SCG Development and the Fairfax County Redevelopment and Housing Authority are developing Residences at Government Center, a 270-unit property in Fairfax County.

    19 July 2017 08:18
  • Manhattan Valley Portfolio Sells for $52M

    Eastern Consolidated recently brokered the sale of a four-building multifamily portfolio comprising 100 apartments located at 60-68 W. 107th St., on New York City’s Upper West Side.

    15 May 2017 14:17
  • Economy Watch: Construction Material Prices Still on the Rise

    Demand for construction materials remains high in the U.S., with positive wealth expectations creating confidence in real estate developers, according to a recent Associated Builders and Contractors report.

    14 September 2017 13:06
  • Homeless Housing Project Underway in LA

    Affirmed Housing and PATH Ventures broke ground on their third project, a 65-unit community slated for completion in summer 2018.

    24 April 2017 06:18
  • Lena New Boston Breaks Ground on 41 Mixed-Income Units

    The $200 million redevelopment of the former Boston State Hospital site entered a new phase, which will include 22 affordable units. The project is part of Olmsted Green, a 42-acre development in the heart of the city.

    17 August 2017 21:17
  • LA: Affordable Housing Wanted

    Rent growth in the city is continuing at a rate double the national average, largely due to solid gains in a few key employment sectors and renter interest pivoting toward the area’s suburbs.

    23 June 2017 13:22
  • California Investor Expands Texas Portfolio

    Creative Realty Partners acquired a 117-unit Dallas multifamily asset from Wellington Realty. The sale was subject to a $5.8 million loan from Hunt Mortgage Group.

    18 July 2017 12:10