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Montgomery Housing Partnership Buys DC Apartment for $37M
Worthington Woods was one of Washington DC’s most significant tax credit acquisition/rehab opportunities, says Greysteel’s Kyle Tangney. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Cortland Partners to Buy Canadian Multifamily REIT for $1.2B
Pure Multi-Family REIT’s portfolio is located in markets throughout the US Sunbelt. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Phoenix Value-Add Apartment Play Trades After One Year
Next Wave Investors has sold the Orange Tree Village Apartment Homes in Tucson, Arizona after completing a quick capital improvement strategy. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Phoenix Apartment Sales Up 20% For the Year
In the first half of 2019, sale volumes of multifamily assets with 100 units or more increased significantly in Phoenix, GlobeSt.com reports EXCLUSIVELY. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Development Trends Expect to Shape San Antonio Core
Downtown and close-in growth/revitalization is due to private investment in key arterials and policies aimed at revamping downtown, says Smita Bhakta, partner at Kruger Carson, in this EXCLUSIVE. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Bogota Mixed-Use Development Secures $60M Loan
PCD Development, a subsidiary of PCD Capital, LLC, and Saber are building a 421-unit luxury rental apartment community with supporting 8,000 square feet of retail space on a riverfront parcel at 238 West Fort Lee Road. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Multifamily Rent Growth Gets Serious
The average US multifamily rent increased by $12 to $1,465 in June, according toYardi-Matrix. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
NJEDA Launches Competitive OZ Grant Program
The State of New Jersey contains 169 Opportunity Zones, which span 75 municipalities across all 21 counties. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
SweetBay Town Center Selects SVN to Market Massive Project
PANAMA CITY, FL—The developer of one of the largest infill projects currently under construction in Florida—SweetBay Town Center in Panama City—has Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
New Apartment Build Secures $126M Refi
Talaria at Burbank secures a 10-year loan with seven years of interest only payments. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service