West
A New Take on Affordable Housing
The term “luxury” isn’t the first word you think of when you hear “affordable housing,” but NMS Properties is looking to change this with their Luxe @ Broadway apartments.
Spirit Investment, Bascom Team Up for Shopping Spree
Spirit Investment Partners LLC and The Bascom Group LLC have teamed up to form a joint venture, Spirit Bascom Ventures LLC, for the purpose of acquiring value-add multifamily properties in the eastern region of the country.
What's Old is New Again: Value-Add Capital Program Aims to Modernize Community Interiors
CBRE Global Investors has purchased Heritage Creek, a 324-unit garden-style apartment community built in the ’90s, and it plans to initiate a value-add capital program to modernize the interiors.
Marcus & Millichap Report Predicts Strongest Year Yet for Rental Market
2011 proved to be a good year for multifamily, according to Marcus & Millichap’s 2012 National Apartment Report. And this is predicted to continue for 2012.
Colliers Launches Student Housing Group
Colliers International plans to capitalize on growing demand in the student housing market with the creation of its National Student Housing Group.
David Woodward Forms CompassRock Real Estate LLC
After a career providing leadership and strategic vision to Laramar Group and Archstone, David Woodward has formed a new property management firm, CompassRock Real Estate LLC.
Encore Wins Financing for Next Apartment Project
Encore Multi-Family LLC has closing on the financing for the its next ground-up development project, a garden-style apartment property in the Denver suburb of Thornton.
New Partnership Seeks Value-Add Apartments in Metro Seattle
Trinity Real Estate and Norman Partners have formed a partnership to buy multifamily properties and other kinds of commercial real estate in the Puget Sound region.
HUD Grants to Benefit People with Disabilities in SF
HUD has awarded two 811 funding grants to help make possible the development of a pair of permanent supportive Mercy Arc Housing residences for non-elderly adults with developmental disabilities in San Francisco.
Colliers Oversees Multifamily Sales in Phoenix
In two separate transactions, Colliers International has overseen the sale of two multifamily properties in metro Phoenix with a combined value of $5.475 million.