Richard Kessler

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  • ARA Newmark Brokers 882-Unit Atlanta Community Sale

    Managing Director Chad DeFoor represented the sellers of the three-building portfolio, affiliates of Oz Real Estate and CF Real Estate Services. The buyer was Balfour Beatty Communities.

    01 August 2017 15:43
  • JV Lands $40M Twin Cities Affordable Community

    Aeon and The Community Development Trust purchased Seasons Park Apartments, a 422-unit community in Richfield, Minn. The transaction marks Aeon’s largest acquisition and the second-largest investment for CDT.

    25 September 2017 16:58
  • CMBS Delinquencies

    With historic flooding from Hurricane Harvey to Harris County (Houston and its surrounding suburbs) we reviewed the S&P Global Delinquent exposure.

    30 September 2017 17:50
  • Edwards Cos. to Develop FL Mixed-Use Property

    The $250 million Atlantic Crossing, representing the largest private investment in Delray Beach’s history, will include 343 units and 76,000 square feet of ground-floor retail and restaurant space.

    30 August 2017 19:17
  • High-End Asset Breaks Ground in LA

    Urban Architecture Lab began work on Variel Apartments, a 277-unit luxury property in Canoga Park’s Warner Center. The project will be completed in the fall of 2019.

    26 September 2017 15:36
  • NJ Community Sells for $27M

    A joint venture of C6 Real Estate Partners and Citymark Capital acquired the newly built, 100-unit River Edge at Garfield, which comprises one- and two-bedroom apartments ranging from 834 to 1,217 square feet.

    21 June 2017 19:39
  • Capano Residential Nabs DE Community

    Merion Realty Partners sold the 231-unit property in Wilmington, Del., after completing a $2 million refurbishment that included the renovation of 84 units.

    07 August 2017 16:17
  • Richland Living Secures Acquisition Loan for San Antonio Property

    Hunt Mortgage Group arranged a $10 million acquisition loan for the 192-unit The Richland Apartments in San Antonio-New Braunfels.

    19 July 2017 16:26
  • Marcus & Millichap Duo Sells 2 in Las Vegas

    Las Palmas and The Rubix traded for $39.3 million. New plans include capital improvements and focus on military housing.

    05 October 2017 22:03
  • Who’s the greenest?

    By Caitlin Walter Caitlin Walter Energy efficiency matters to residential real estate stakeholders for any number of reasons. However, three reasons stand out. First, energy can be a significant contributor to the overall cost of housing, especially for low- and moderate-income households. Second, for housing providers, energy performance—or lack thereof—can influence a property’s

    20 April 2017 13:27