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Rare Value-Add Deal Trades in Pasadena
Fair Oaks Apartments has significant upside with rents 20% below market value and no rent control restrictions. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Texting Tenants is Mainstream in Much of the Multifamily Industry
IRIO will provide RealPage clients with a texting solution integrated into RealPage’s platform, whereby RealPage’s users will be able to communicate through the entire lifecycle of a renter via a single provider. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Developers Receive $223M for Massive Affordable Housing Project in East Harlem
L+M, Jonathan Rose and Acacia are constructing a 100% affordable mixed-use project called Sendero Verde. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Toll Brothers Buys $32.76M Site Across From Westchester Mall
Saber Real Estate Advisors sold the nearly three-acre, White Plains development site that will be developed into 276 apartments with retail and parking. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
PCCP, Fore Property Company to Develop Multifamily Community
The joint venture 352-unit development is situated in the Orlando submarket of Winter Garden, FL. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
BRT Sells Two Multifamily Properties for $33.2M
The company held a 91% joint venture equity interest in the Texas properties. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Raffles Boston Back Bay Hotel Project Secures $314M Construction Loan
The 33-story mixed-use project at 40 Trinity Place in Boston’s Back Bay upon completion will feature 147 hotel rooms and 146 residential units, as well as multiple amenities and dining options. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Alina Luxury Condos Score Loan for First Phase in Boca Raton
The $146 million loan will help pay for construction of a nine-story building, the first of three planned condo towers backing up to the Boca Raton Golf Club. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Mobile Home Park to Generate Strong Returns
The San Marcos 98-stall mobile home property has significant upside for the value-add buyer. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Local Investor Picks Up Major OC Apartment Asset
The 264-unit Santa Ana apartment complex is among the largest multifamily transactions in the market this year. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service