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  • South Phoenix Community Changes Hands for $12M

    Cushman and Wakefield brokered the sale of La Reserve on 45th, a 301-unit property in the Maryvale neighborhood. A joint-venture purchased the asset from CEG Operating Partners.

    23 June 2017 13:49
  • NoCal Property Sells for $31M

    The 150-unit community in Hayward was acquired by Grupe Co.

    17 March 2017 12:30
  • ResiModel Becomes redIQ

    When MHN first spoke with Elliot Vermes, founder and CEO of redIQ, back in 2015, the data intelligence start-up had a different name (ResiModel). Two years later, Vermes says his company has taken some valuable lessons from its work with clients—and made a pivot to focus more heavily on data standardization to meet the needs of more users.

    18 July 2017 19:59
  • CIM Expands Chicago Portfolio With 2 Acquisitions

    The buildings at Wicker Park offer 96 residential units, 23,000 square feet of street-level retail space and 17,400 square feet of creative office space.

    18 May 2017 08:01
  • Trimark Breaks Ground on $14M Luxury Community

    Cascades Luxury Apartments is a $14 million development near the University of Florida. The community is the second ongoing project for the real estate company and it is slated for completion by the middle of 2018.

    04 April 2017 17:12
  • Supply Influx Moderates Austin Gains

    The Texas capital’s economy is strong and its population is booming, but a high volume of new supply is keeping the lid on rent growth. As of May, rents in the metro were flat compared to a 1.5 percent year-over-year national uptick.

    04 August 2017 08:50
  • Construction of $62M Cleveland Tower to Start in June

    Stark Enterprises Inc. and Solon-based real estate investor Reuven Dessler plan to break ground on the 26-story tower in less than three months.

    30 March 2017 17:53
  • CBRE Brokers Sale of Ft. Lauderdale-Area Community

    Still Hunter and Chris Smiles of CBRE’s South Florida Multifamily Capital Markets team worked on behalf of the seller in the transaction, while Freddie Mac originated the acquisition financing.

    20 September 2017 17:02
  • Old-School Values

    When I went off to college 40 years ago this September—now there’s a statement that would give anybody pause—my two roommates and I were assigned to a ground-floor dormitory suite that was Spartan, even by 1977 standards.

    13 June 2017 12:20
  • Berkadia Finalizes Transactions in NY, FL

    The firm secured financing for an affordable 130-unit property, called Tony Mendez Apartments, in Manhattan and two properties, called Fernwood Grove and Poplar Park Terrace, totaling 293 units in Tampa.

    24 April 2017 13:48