Rick Carpinelli

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  • Crown Realty & Development Acquires Ocotillo Springs Community in Chandler, Ariz.

    Crown Realty & Development has announced that it has closed on the purchase of the 272-unit Ocotillo Springs Community in Chandler, Ariz. The $33.4 million acquisition is the company’s 10th purchase in the Phoenix area market since 2010 and the company already has plans for extensive interior renovations and other community upgrades.

    West 02 September 2014 18:09
  • Aragon Closes 850 Unit Purchase in Denver and Orlando

    Aragon Holdings buys two communities in Denver and Orlando; Walker & Dunlop structures $72 million in bridge conduit and mezzanine financing for acquisitions; and Crown Realty completes its 10th Phoenix area apartment acquisition since 2010.

    Denver 27 August 2014 15:07

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  • Real Money

    A billion here, a billion there, and pretty soon you’re talking real money,” Everett Dirksen once said, and the legendary lion of the Senate would have to admit that $3.4 billion is a nice chunk of change. That’s how much multifamily property owners could save every year through energy efficiency upgrades, according to a 2016 estimate by the American Council for an Energy-Efficient Economy.

    03 October 2017 06:49