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    The company received $300 million for completion of a 72-story building with 124 condos, 7,500 square feet of retail space and a 25-space garage.

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  • ARA Leads $38M CO Community Transaction

    Previously owned by Jackson Square Properties, the 257-unit community is located in Lakewood, Colo.

    04 October 2017 14:04
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    Related Development, the multifamily component of Related Group, sold Town at Pembroke Pines, a recently completed 356-unit property in Pembroke Pines, Fla. During the past 18 months, the company sold three completed multifamily projects totaling more than $290 million.

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  • CBRE Closes Inland Empire Sale

    Evart Street Apartments in Montclair, Calif., changed hands for $8.9 million, one of the highest per-square-foot prices for a multifamily property in the area, according to the brokers.

    18 August 2017 08:49
  • Aimco Buys Out Palazzo JV Partners for $452M

    The company sourced funds for the acquisition by taking title subject to existing allocable debt and using cash proceeds from the pending sales of some of its assets in the Northeast.

    11 July 2017 12:43
  • Napali Acquires 2nd GA Community

    The company purchased Forest Park Manor, a 100-unit property in Forest Park, and plans to rebrand it as Residences at Stonebrook.

    05 September 2017 16:10
  • Dougherty Closes Acquisition Loan in South Dallas

    The company secured a $6.6 million Fannie Mae loan for the acquisition of a 113-unit multifamily asset in DeSoto, Texas. Dougherty’s Minneapolis and Vienna, Va., offices arranged the financing through a partnership with Old Capital Lending.

    17 October 2017 12:00
  • Economy Watch: Economic Damage of Irma Could Hit $40B

    AIR Worldwide estimates the damage caused by Hurricane Irma could be between $15 billion and $50 billion, but a great deal of uncertainty remains.

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  • Baltimore Community Sells for $31M

    The 390-unit Marble Hall Gardens previously changed hands in 2007, when Tryko Partners acquired the Class C asset from Lightstone Group for $13.2 million.

    25 May 2017 08:01
  • Grand Peaks Secures $61M Miami Development

    Soleste Club Prado, a 196-unit community in West Miami, includes a hotel-inspired pool, sundeck and private cabanas, and is already 95 percent leased.

    12 June 2017 14:02