West
Ground Broken on Arista AMLI Community Expansion
AMLI Residential has announced the groundbreaking on an expansion of Arista AMLI Community in Broomfield, Colo.
Robert E. Hart and Guardian Launch TruAmerica Multifamily
Robert E. Hart, former president of Kennedy Wilson Multifamily Management Group, today announced he is launching an investment firm focused on acquiring, managing and rehabilitating Class B or better multifamily housing in the Western United States.
Vitus Group Plans $8M Renovation on Calif. Affordable Community
Vitus Group announced that it has acquired the St. John’s Apartments, a 158-unit affordable housing community in Richmond, Calif. The company plans to spend $8 million on renovations to modernize the community.
VantageScore Credit Scoring Model Adds to Flexibility of Yardi Resident Screening
Yardi announced today that its proven rules-based resident screening solution, Yardi Resident Screening , now includes VantageScore credit scores, an advanced numerical scoring option from Experian for clients who prefer three-digit credit scores to help qualify applicants.
JV Acquires Suburban Portland Apartments
A joint venture of New York-based Real Estate Capital Partners (RECAP) and the locally based Holland Partners has acquired a Vancouver, Wash., apartment community, Arnada Pointe.
Resmark Apartment Living Acquires Site for 208-Unit Community
Resmark Apartment Living, a division of The Resmark Companies, announced that it has completed the acquisition of an approximately 1.2 acre site in Redmond, Wash., its fifth investment in the area in the last 14 months.
SARES•REGIS Group Acquires 192-Unit Calif. Community
SARES•REGIS Group, which launched its multifamily fund back in March, acquired its first apartment community, Avalon at Civic Center, a 192-unit community in Norwalk, Calif., which it purchased from Avalon Bay.
Hendricks-Berkadia Adds VP Wade Schmitz to New Houston Office
Hendricks-Berkadia, the investment sales business unit of Berkadia Commercial Mortgage LLC (Berkadia), recently announced the hiring of Wade Schmitz as a vice president with the firm.
Auction.com Names Rick Sharga as Executive Vice President
Auction.com, an online real estate marketplace, announced that Rick Sharga has been named executive vice president.
Holland Partners Group Develops $53M Mixed-Use L.A. Community
Holland Partners Group announced that its $53 million mixed-use community at 1111 Wilshire Blvd. in Downtown Los Angeles is open for leasing.