Steve Wessel

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  • TH Real Estate Scores 2017 EPA ENERGY STAR® Partner of the Year Award

    The award marks TH Real Estate’s tenth consecutive year as a Partner of the Year, and its eighth consecutive year at the Sustained Excellence level.

    11 April 2017 19:08
  • RADCO Acquires $41M GA Property

    Called Indian Trail Apartment Homes, the community is a 467-unit, Class B property in Norcross, Ga. The company plans a $10 million renovation.

    10 August 2017 16:20
  • US Residential Welcomes New EVP

    Laurie Lyons, a 30-year veteran of the apartment industry, will be responsible for growing the company's third-party management portfolio. She will be based in Denver.

    27 April 2017 14:50
  • Chicago’s Aurélien Ready for Residents

    Ryan Cos. completed the 31-story, 368-unit luxury tower some two years after it broke ground on the high-rise project. The cost of the development reached $100 million.

    02 August 2017 15:05
  • Marcus & Millichap Leads Orlando Community Sale

    The company worked on behalf of the seller, an Orlando-based private group, for the 80-unit property sale. The community was 97.5 percent occupied as of May.

    20 June 2017 14:56
  • Avesta Communities Enters CO Market

    The company plans to implement a renovation plan that includes improvements made to the common amenities and to the unit interiors.

    22 September 2017 20:49
  • Oakwood to Manage Columbus Mixed-Use Project

    The local property management company will manage River & Rich, a 230-unit project currently underway downtown Columbus, Ohio. The community is set to open during summer 2018.

    28 April 2017 09:29
  • TransitScreen Displays Real-Time Info for TODs

    The digital display provides residents with local transit information, including the nearest transit stops, how long it will take to walk there and when the next transportation option will arrive.

    03 August 2017 14:56
  • Inland Lands 332-Unit AL Community

    A nonlisted multifamily REIT sponsored by the company purchased The Verandas at Mitylene in Montgomery for $37 million. The asset was formerly managed by Flournoy Properties.

    09 August 2017 16:54
  • Lower Average Loan Sizes Are Likely

    Rising interest rates have yet to strongly impact the multifamily market, as specialists are confident the market will continue to see healthy fundamentals in the near future. While loan origination volumes are expected to stay up, the average value of credit facilities might dip.

    01 August 2017 20:39