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The Buzz

March 19 2020

Tower 16 Capital Partners Sells 228-Unit Altura on Duneville Apartments in Las Vegas CARLSBAD, CA - San Diego-based Tower 16 Capital Partners has successfully sold Altura on Duneville, a 228-unit apartment project located in Las Vegas. The property was originally purchased in 2018 for $24,000,000 and was sold this month for $35,500,000. During their two-year...

March 18 2020

Levin Johnston Successfully Completes Strategic 1031 Exchange Transaction in California Bay Area NEWPORT BEACH, CA - Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, successfully advised its client, a private investor, to acquire an 18-unit multifamily...

March 18 2020

JLL Arranges Sale and Financing for 384-Unit Seniors Housing Community in Houston’s Spring Branch Submarket HOUSTON, TX - JLL Capital Markets announced today that it has closed the sale of and arranged financing for The Gardens at Spring Shadows, a 384-unit independent living community in Houston’s Spring Branch submarket. JLL served as the seller’s listing agent....

March 18 2020

Stepp Commercial Completes $4.69 Million Sale of Apartment Property in Alamitos Beach Submarket of Long Beach LONG BEACH, CA - Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $4.69 million sale of a 14-unit apartment property located 1429 Florida Street in the Alamitos Beach submarket of Long Beach, CA. Principal Robert...

TRENDING

Broadshore Capital Partners Closes $37.1 Million Acquisition of 280-Unit Apartment Community in Jacksonville, Florida JACKSONVILLE, FL - Broadshore Capital Partners, in joint venture with an investment client, announced that it has acquired the 280-unit Victoria at Orange Park apartment community in Jacksonville, FL, for $37.1 million. This is the first transaction through a new programmatic real estate investment...

March 17 2020

Luxury Apartment Homes Within Walking Distance to the Beach in Santa Barbara Goes on the Market for $17.15 Million LOS ANGELES, CA - Los Angeles, CA – Avison Young announced today it has been named the exclusive listing agent for Sycamore Creek Village located at 1130 Punta Gorda Street in Santa Barbara, CA. Built in 2017, the market-rate residential rental complex consists of 40...

March 17 2020

Stonemark to Manage and Renovate 142-Unit Knollwood Park Apartments Near the Square in Lawrenceville, Georgia ATLANTA, GA - Stonemark this month began managing and supervising renovation of Knollwood Park Apartment Homes, a 142-unit multifamily community in Lawrenceville, Ga. “We’re proud to be entrusted with the management and renovation of this community, which will...

March 17 2020

Allen Morris Company Announces Maitland City Centre Earns Prestigious Construction Award ORLANDO, FL - The Allen Morris Company, one of the largest diversified real estate firms in the southeast, is proud to announce that Maitland City Center was selected by the Central Florida Chapter of Associated Builders and Contractors (CFC ABC) to receive the Eagle Award, the...

Latest News

Enlightenment Plaza Serves as Model for The Provision of Permanent Supportive Housing for The Formerly Homeless

Enlightenment Plaza Serves as Model for The Provision of Permanent Supportive Housing for The Formerly Homeless

Broadshore Capital Partners Closes $37.1 Million Acquisition of 280-Unit Apartment Community in Jacksonville, Florida

Broadshore Capital Partners Closes $37.1 Million Acquisition of 280-Unit Apartment Community in Jacksonville, Florida

Michaels Achieves Milestone with Third Phase Closing of Jordan Downs Redevelopment in Los Angeles’ Watts Neighborhood

Michaels Achieves Milestone with Third Phase Closing of Jordan Downs Redevelopment in Los Angeles’ Watts Neighborhood

Multiversity Housing Partners Acquires 616-Unit Student Housing Community Near Clemson University Campus

Multiversity Housing Partners Acquires 616-Unit Student Housing Community Near Clemson University Campus

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LOS ANGELES, CA - As California goes through its coronavirus crisis, progress towards development...

JACKSONVILLE, FL - Broadshore Capital Partners, in joint venture with an investment client,...

LOS ANGELES, CA - The Michaels Organization, a national leader in residential real estate, will...

CLEMSON, SC - MultiVersity Housing Partners (MVHP) has acquired The Ridge, located near the campus...

PONTE VEDRA, FL - Passco Companies, a privately held California-based commercial real estate...

NEW YORK, NY - Fairstead, a fully-integrated real estate firm committed to the preservation of high...

CHATTANOOGA, TN - Mission Rock Residential is continuing its eastern regional growth, announcing a...

BEND, OR - Security Properties and a university endowment purchased Outlook at Pilot Butte, a...