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EJF Capital, Chance Partners Announce $86M Multifamily Development
The 486-unit Opportunity Zone project in Jacksonville, FL is set to break ground later this year. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
One Harrison Luxury Rental Development Opens its Doors
The development team of Hornrock Properties of Park Ridge, NJ and Livingston, NJ-based BNE Real Estate Group recently held a ribbon cutting for the five-story development located at 1 Harrison Ave. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Maxal Group and Hartz Mountain Complete Weehawken Luxury Multifamily Project
Marketing of the 236-unit development began just four months ago. The 60% leased milestone came last week as construction on the Harbor 1500’s 42,000 square feet of amenities came to a close. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Will Wildfires Deter New Housing Construction?
Wildfires are all destroying communities throughout California, but it likely won’t stop developers from building. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Bascom Sheds Las Vegas Apartment Asset
The Bascom Group has sold The Edge at Traverse Point in Henderson Nevada for $60 million. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Camber Buys $76M Bronx Residential Building from Stellar Management
With the sale of Highbridge House at 1133 Odgen Ave. which closed on Friday, all 400 units will be affordable housing. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Hollywood Media District Deal Offers 30% in Upside
A local investor buys an apartment building in the Hollywood Media District that offers at least 30% in rental upside. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Lack of Rent Control Hands Investors Interesting Opportunity
Vancouver represents a good value proposition for the greater Portland area renter along with lower housing costs, no state income taxes, good public schools, near PDX airport and Portland’s job center. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Airbnb and the Hospitality Industry Are ‘One in the Same’
The Airbnb economy and alternative rental market are maturing at a rapid pace, and the hospitality industry is entering the market. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
100-Plus Unit Apartment Sales Pick Up in Phoenix
In the second quarter, investment sales of large apartment complexes increased 33% year-over-year. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service