Pieter Aarts

Bellwether Secures $75M Refi for Luxury Inland Empire Asset

The company arranged a $59 million permanent loan and a $16 million mezzanine loan for a 298-unit community asset in Ontario, Calif.

Jersey City Apartments Open

Fisher Development Associates has opened Vantage, a 448-unit apartment development in Jersey City, N.J.

Renewable Energy

TH Real Estate Acquires 2 for $93M

The Minneapolis communities, near the University of Minnesota, include the 101-unit The Knoll and the 210-unit The Bridges.

NJ Community Changes Hands in $73M Deal

The Addison at Princeton Meadows was built in 1981 and offers studios and one- and two-bedroom units. It was purchased free and clear of existing debt.

Oil Prices, Supply Still Influence Market in Houston

The city's apartment market continues to struggle as oil prices remain below $50 a barrel with little prospect that they will rise soon.

Summerhill Brings 994-Unit Project to Santa Clara

Located on nearly 27 acres bounded by Lawrence Expressway, Central Expressway and Kifer Road, Nuevo will be the city’s largest master-planned housing development since Rivermark.

Now Open: 2017 Top Property Managers Survey

Don't miss out on the chance to participate in the CPE-MHN 2017 Top Property Managers Survey! The resulting ranking of the firms with the best-managed portfolios will be featured in our special CPE-MHN July/August 2017 print issue and prominently featured on our sites.

BRT Nabs 3 St. Louis Luxury Communities

Through joint venture partnerships, the REIT purchased Vanguard Heights, The Tower at OPOP and The Lofts at OPOP for some $75 million. Meridian Capital Group arranged financing for all three acquisitions.

Toro Real Estate Acquires Assets in AL, TN

The firm purchased an apartment community in Mobile, Ala., and a student housing property in Clarksville, Tenn.