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    KA Real Estate LLC of Sorrento Valley has purchased the 29-unit community. The 22,352-square-foot building was built in 1964 and underwent renovations.

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    Upon final completion, The Addison on Millenia will consist of 10 buildings offering a total of 292 units. The community is part of The Gardens on Millenia mixed-use development.

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  • Top 10 Markets for Occupancy Growth

    Despite unfavorable conditions, certain areas are deviating from the national trend and have seen an increase. Here is a list of the 10 markets with the greatest year-over-year growth in occupancy as of April 2017.

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  • Phoenix Community Changes Hands in $82M Deal

    The new owner of Andante Apartments plans interior upgrades, as well as renovations of the clubhouse. The asset has an occupancy rate of 92.5 percent.

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    Brookson Resident Flats is a 296-unit community in Huntersville, N.C., and Summer Chase Apartments includes 168 apartments in North Myrtle Beach, S.C.

    12 September 2017 19:16
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    Woodfield Investments is the owner of The Passage, a 240-unit asset in Summerville, S.C. CF Real Estate Services will manage the property.

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  • Michaelson Acquires Dallas Apartments

    Built in 1982, Chesapeake Apartments includes 126 units and features four floorplans. Currently the property is 98-percent occupied.

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  • Don’t Sleep Through the Slow Season

    It can be tempting for multifamily marketers and individual apartment communities to view the slow season as the off-season, but that can have potentially damaging repercussions. Industry experts weigh in on how to stay active during those months to kick-start leasing early on.

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  • Economy Watch: Washington State Has Healthiest Economy

    A recent WalletHub report ranked the 50 states based on economic health, which affects commercial property growth. Washington state took the top spot, followed by California, Utah and Massachusetts.

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  • Economy Watch: Virginia Beach, Seattle, Pittsburgh Ranked Top Places to Live

    Cities with economic opportunity, easy access to entertainment and dining options, and higher affordability topped Wallethub's list of the most livable cities in the U.S. Livability helps drive real estate absorption and development in those markets.

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