Park Ridge Apartments

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    Berkadia Leads Sale of 528-Unit St. Louis Community

    Lipton Group sold the three-building Pheasant Run community, located near downtown St. Louis. The average rental rate was $882 as of May.

    16 June 2017 15:55

  • ARA Newmark Secures $92M Denver-Area Portfolio Sale

    Earlier this year, the 144-unit Villas at Holly sold for $26.3 million to Triumph Properties Group. The 312-unit Villas at Homestead traded as well, for $65.4 million. Both properties are located near the Denver Tech Center.

    04 May 2017 14:25

  • Embracing Efficiency

    Since the Great Recession, the U.S. has increasingly become a renter nation. Renters encompass more than one-third of total U.S. households, with 18.7 million households residing in buildings with five or more units, according to National Multifamily Housing Council data.

    06 April 2017 11:46

  • Oakwood Opens 3rd LA Corporate Housing Property

    The 201-unit community is the ninth U.S. corporate housing asset owned by Singapore-based Mapletree Investments, the firm’s parent company.

    20 April 2017 10:07

  • Marcus & Millichap Arranges $12M Sale of VA Property

    Altay Uzun, a multifamily specialist, and Christian Beck, an office property investment specialist, were part of the company’s Hampton Roads team that brokered the deal. A private investment entity based in New York purchased the 160-unit asset in Virginia Beach.

    20 October 2017 15:02

  • Beachwold Secures $54M for 2 Tampa Bay Properties

    The communities, located in Bradenton and St. Petersburg in Florida, received two separate 10-year, fixed-rate loans with Goldman Sachs.

    23 May 2017 16:19

  • Marcus & Millichap Leads San Diego County Community Sale

    A family trust sold Villa Quixote, a 78-unit apartment community in Escondido, Calif., for $11.8 million. The community was built in 1969, presenting the buyer with an opportunity to renovate the property and raise rents.

    24 May 2017 14:52

  • The Cost of Green: Is the Price Right?

    By some measures, sustainable practices are rapidly becoming the norm in the multifamily sector. Although sizing up the true costs of sustainability can be challenging, investors and managers have a variety of best practices and analytical tools to work with.

    10 April 2017 13:27

  • ZOM Living Acquires Charlotte Site

    ZOM Living has closed on the purchase of a 2.76-acre parcel in Charlotte, where the company plans to break ground in early 2018 on Hazel SouthPark.

    12 October 2017 18:38

  • How to Attract Boomer Renters With New Technology

    Boomers are using technology more than ever before. They’ve officially adopted social media, search engines and smart devices to find the information they want and stay in touch with everyone and everything. It’s about time senior housing marketers take notice.

    20 April 2017 14:06