Monterey Ridge

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  • Waterton Acquires Miami Community for $59M

    Soleste West Gables Phase II is an eight-story, 221-unit Class A apartment community in West Miami, Fla. The company secured the property from a joint venture of Estate Investments Group, Fortune Capital Partners and the Mattoni Group.

    24 October 2017 16:32
  • Brooklyn Residential Tower Lands $218M Refi

    Located in Brooklyn Cultural District Fort Greene, the Gotham Organization's 586-unit Ashland offers residents a wide range of amenities, including a 17,000-square-foot Gotham Market.

    09 November 2017 15:34
  • 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
  • Development Boom Tempers Rent Growth in Chicago

    The city has seen costs moderate, in keeping with the nation as a whole, and features a bifurcation between luxury and working-class units.

    27 July 2017 08:41
  • 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
  • Transwestern Brokers Denver Community Deal

    Jeff Sanders acquired the two apartment communities totaling 429 units for $30.9 million. They were built between the 1960s and 1970s and are located in improving areas close to downtown Denver.

    05 September 2017 12:19
  • Post South Lamar Phase II Finalized, Begins Leasing

    The 344-unit community, located in Austin’s West End submarket, offers studio, one- and two-bedroom units averaging 734 square feet. The leasing activity has started and the property will open on June 15.

    08 June 2017 09:13
  • Phoenix Community Sells for $30M

    Berkadia represented the seller, a subsidiary of Evergreen Development Co., which sold the 152-unit property to Pure US Apartments REIT.

    21 June 2017 18:36
  • Mission: Success—Marc Lifshin

    Ever since he can remember, Marc Lifshin has loved to build. As co-founder & managing partner of Core Spaces, he is living his dream every day, developing high-end student housing properties in prime collegiate markets.

    12 June 2017 09:00
  • Lease-Ups in a Down Market

    A dip in the market is inevitable at some point, and those best prepared to take it on will have a distinct advantage over their competitors. Megan Mahoney of LMC gives a few key pieces to consider when planning for unknown conditions.

    25 August 2017 16:08