Sanderson J. Ray Development

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  • Nelson Brothers Acquires 184-Bed Student Housing

    The company plans to convert 39 three-bedroom units into four-bedroom units. The community is in close proximity to multiple Pullman Transit bus routes, including an express route to the Washington State University campus.

    28 July 2017 17:08
  • Santa Ana Asset Trades for $20M

    Marcus & Millichap announced the sale of Sherry Lane Garden Homes. The 62-unit apartment traded for $19.8 million.

    05 October 2017 22:22
  • Waterton Secures DC-Area Luxury Community

    Built in 1992, the 404-unit Citizen at Shirlington Village will undergo renovations to its unit interiors and common areas.

    23 August 2017 14:49
  • Carrier Johnson + CULTURE LA Project Begins Construction

    The 161-unit apartment community will replace an empty 81-year-old two-story building with a modern design that utilizes metal panels and ceramic tile.

    23 May 2017 16:32
  • IRT Acquires 328-Unit Raleigh-Durham Community

    Previously managing the property on behalf of RAIT Financial Trust, the company recently acquired the asset for $43 million. The community is located in the Raleigh-Durham market, in close proximity to prestigious universities and major employers.

    12 July 2017 18:23
  • Senior Housing M&As Outlook Strong: Capital One

    According to the latest survey of more than 150 industry professionals, 43 percent anticipate an increase in activity heading into the fourth quarter of 2017.

    28 September 2017 18:44
  • CBRE Facilitates $19M Sale of OR Community

    The company represented the seller, Barclay Cascade investors LLC in the transaction. The property’s average monthly rent was $1,204 as of September.

    06 October 2017 16:17
  • New Supply Keeps Rent Growth Tepid in Baltimore

    Spearheaded by the revival of its core and by the emergence of the Baltimore-Washington corridor as a strategic location, the metro’s multifamily fundamentals have stabilized.

    13 September 2017 14:09
  • JV Acquires $41M CO Community

    The 280-unit Lamplight Square at the Park is located in Colorado Springs. Griffis/Blessing plans to upgrade unit interiors, as well as the outdoor/indoor pool and the fitness area.

    13 September 2017 08:54
  • JV Completes SC Mixed-Use Student Housing

    The 706-bed community offers a mix of studios and two- to five-bedroom units averaging 1,116 square feet. Additionally, 114 Earle includes 7,000 square feet of retail space.

    14 September 2017 15:37