Seth Wise

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  • Master Plan Brings Green to SoCal Desert

    Family Development and Presidio Residential Capital have received the go-ahead for a 660-acre development in Riverside County, Calif. Comprising apartments, condominiums, townhomes and single-family homes, the project would be the first of its kind in the Coachella Valley.

    15 August 2017 13:47
  • Passco Invests $102M in Key West

    The company purchased the 297-unit Ocean Walk Apartments from a joint venture of Mast Capital and Rockpoint Group. ARA Newmark represented both the buyer and seller.

    25 August 2017 14:32
  • On the Market: 5 Interesting Listings for the Week of 7/17

    This week's listings include a historic property in Staten Island and a speculative condo development deliverable with full entitlement in Scottsdale, Ariz.

    21 July 2017 14:23
  • Affordable Indiana Community Lands Refi

    The $6.6 million loan will be used to refinance Woodland East Apartments, a 224-unit affordable housing property in Michigan City.

    05 October 2017 13:10
  • Phase 2 of Brooklyn Affordable Project on Track

    A joint venture of The Hudson Cos. and BEC New Communities has closed on the financing and acquisition of BEC Continuum Resyndication, which includes 550 units across 43 properties.

    06 July 2017 16:05
  • Tallest San Jose Development Breaks Ground

    Bayview Development Group's Miro, a 28-story luxury community, will feature more than 600 residential units. The project is expected to be completed by 2020.

    16 November 2017 23:00
  • Beacon Communities Buys NDC, $250M Portfolio

    The residential development company now owns National Development Corp. and its 59 properties, most of which are affordable communities. The portfolio is valued at more than $250 million and expands Beacon’s portfolio to 14 states.

    02 October 2017 21:01
  • Multifamily Rents Idle in Third Quarter

    After a robust first half of the year where average rents grew by $33, there was a summer slowdown, with rents increasing by only $1 in the third quarter.

    13 October 2017 03:22
  • Brinshore, McShane Deliver Chicago Mixed-Use Project

    Clybourn 1200, a mixed-income apartment building in Chicago's Old Town neighborhood offers 84 studio, one-, two- and three-bedroom units, as well as 17,000 square feet of ground-floor retail space.

    18 May 2017 18:39
  • TruAmerica Buys Denver Community for $53M

    The company partnered with Magnolia Real Estate Fund to acquire the 287-unit asset. The companies will implement a renovation plan which will include improvements to common, interior and outdoor areas.

    02 May 2017 14:14