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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
Armada Hoffler JV to Develop $80M Project in Atlanta Area
The REIT will be the majority partner in a joint venture with S.J. Collins Enterprises to develop Southern Post. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Westover Cos. Buys South Jersey MF Portfolio for $25M
The three properties that traded included the 195-unit Regency House at 304 Erial Road in Sicklerville, Camden County; Upper Deerfield Estates (67 units) at 23 McCormick Boulevard in Bridgeton, Cumberland County and Polo Ridge Apartments (64 units) at 1210 North Route 130 in Burlington Township, Burlington County. Continue Reading at GlobeSt.com Click Here. Press…
Nicole Investment Buys Maitland Apartment Community
The sale of the 293-unit complex was arranged between Epoch Residential and Nicol Investment Company. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Alamo and Bayou Cities Boast Rising Multifamily Rents, Demand
San Antonio’s affordability makes it a popular destination for new residents along with a hot secondary investment market while Houston’s economy continues to strengthen as employers accelerate hiring. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service