Paul Nasser

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  • Rapid Growth in Raleigh-Durham

    The metro continues to appeal to investors who are being priced out or struggling to find high acquisition yields in major markets. The combination of job and population growth has generated a strong demand for apartments, with average rents reaching $1,075.

    29 May 2017 06:49
  • Donaldson Group, DRA Advisors Grab $15M MD Community

    The joint venture plans to renovate the Brinkley Manor Apartments, including common and outside areas, as well as the individual units.

    23 June 2017 14:50
  • Walker & Dunlop Closes $1.9B Acquisition for Greystar

    The company financed Greystar’s acquisition of Monogram Residential Trust, including 36 distinct loans on properties throughout the U.S. This represents the largest financing in Walker & Dunlop history.

    25 September 2017 15:58
  • Covenant Buys $30M Indianapolis Community

    Columns of Castleton was 99.5 percent occupied as of June. The company plans to implement a $4.7 million plan for renovating unit interiors and upgrading amenities.

    02 August 2017 15:39
  • New Luxury Senior Living Community Coming to Dallas

    Construction is underway at Firewheel Senior Living Residences, a new 154-unit community in Garland, Texas. Seneca Investments plans to open the property by the end of 2018.

    18 July 2017 12:31
  • Lightstone Grabs $71M AL Portfolio

    The properties, all located in Mobile, include the 675-unit The Estates at Lafayette Square, the 450-unit Pine Bend & Hampton Park and the 200-unit Bel Air.

    21 July 2017 15:08
  • Phoenix Community Changes Hands in $82M Deal

    The new owner of Andante Apartments plans interior upgrades, as well as renovations of the clubhouse. The asset has an occupancy rate of 92.5 percent.

    29 May 2017 08:42
  • Suburban Philly Property Trades for $34M

    The apartment community was part of the Rental Assistance Demonstration program and received a 20-year subsidy contract. The previous owner improved multiple aspects of the 1950 buildings.

    20 October 2017 14:03
  • 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
  • 5 Tips for Effective Multifamily Email Marketing

    Just because more is possible, doesn’t mean multifamily operators are using email marketing more effectively.

    01 June 2017 18:05