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Virtua Lands Funding for Opportunity Zone Project in Tempe
Virtua Credit has placed a $15 million construction loan for a 90-unit entry-level apartment building in Tempe. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Two-Asset Apartment Portfolio in Phoenix Sells for $56M
The Solano apartment complexes had been updated but still had room for significant upside. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Black Creek Group Acquires Two Multifamily Properties
The firm’s fund, Black Creek Diversified Property Fund, expands its footprint with 49 total properties. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Bridge Investment Group Deploys $509M in Opportunity Zones
David Coelho, the CIO of Bridge’s Opportunity Zone Strategy, talks about the company’s investing in 12 assets which are spread across eight markets in the US. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
UMH Properties Acquires Ohio Manufactured Home Community for $19M
The deal involves the 101-acre property that includes 824 developed homesites of which approximately 46% are occupied. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
The Online Tools Renters Use to Choose an Apartment
A new survey highlights the importance of ratings and reviews when choosing a rental property. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
CBRE Group Buys Longtime Omaha Affiliate; Will Buy UK-Based Multifamily Developer
Last week, CBRE Group announced it intends to acquire all the issued and to-be-issued shares of Telford Homes Plc., a leading developer of multifamily residential properties in London, with a development in-process portfolio (total project cost) of $1.66 billion (£1.32 billion). Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Waterton Re-Enters the Las Vegas Multifamily Market
The investor buys a two-property apartment portfolio totaling 720 units in Las Vegas after exiting the market in 2017. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Modular Construction Could Change Development in L.A.
Los Angeles developers are taking note of the completion of the Clement Canopy buildings in Singapore, the world’s tallest modular buildings. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Canadian Developer Brings Luxury Apartments to West Hollywood
Developer Astéras is nearing completion on a 25-residence boutique apartment complex in West Hollywood. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service