Morgan Properties Announces Strategic $354 Million Acquisition of Dream Residential REIT
Morgan Properties acquires Dream Residential REIT for $354M, adding 15 communities and 3,300 units to its portfolio. This strategic move solidifies the company's expertise in complex transactions and underscores its growth, surpassing 110,000 units in its 40th year.
Broad Creek Capital Announces Initial Closing of BCC Multifamily Advantage Fund I Targeting $150M
Broad Creek Capital celebrates the initial closing of BCC Multifamily Advantage Fund I, marking a strategic expansion in U.S. real estate investments. The fund, targeting a $150M capital commitment, secures backing from U.S. and European investors, emphasizing a disciplined, value-add multifamily strategy.
Linc Housing Unveils Project Homekey Successes with the Completion of Zephyr and Crescent Communities
Linc Housing has unveiled Zephyr and Crescent, two revamped Project Homekey housing communities in Long Beach. These transformed motel sites now offer affordable, supportive homes, addressing the region's rising homelessness and housing crisis.
Sylvan Woods Westchester: AMS Acquisitions Debuts Innovative Active Adult 55+ Community
AMS Acquisitions unveils pre-leasing for Sylvan Woods Westchester, a novel Active Adult 55+ community in Upper Westchester. Ari Mitnick highlights the project's focus on wellness, connection, and a myriad of amenities aimed to create a vibrant lifestyle. Marking a boon for local housing, it offers a unique blend of serenity and accessibility.
Thompson Thrift Set to Unveil Revere, a New Standard in Luxury Multifamily Living in Westfield, Indiana
Thompson Thrift announces 'Revere', a Class A multifamily community set to elevate living standards in Westfield, Indiana. Slated for February 2027, it promises luxury homes with top-tier amenities, reflecting the suburb's growth and desirability.
Lincoln Avenue Communities Launches The Reserve at Chisholm Creek, Elevating Affordable Living in Oklahoma City
Lincoln Avenue Communities breaks ground on The Reserve at Chisholm Creek in Oklahoma City, offering 267 affordable, amenity-rich housing units to foster an inclusive community. LAC emphasizes quality, sustainability, and financial collaboration in its first state project.
JPI Secures Financing for $150M Portico Project as Cornerstone of Long Beach Urban Renewal
JPI partners with Tokyo Tatemono US Ltd. and BMO Bank on Portico, a cornerstone of Long Beach's $150M Mosaic redevelopment. The project introduces 272 multifamily units and expansive retail space, heralding a transformed urban landscape by 2028.
Clover Capital Partners Acquires The Woodlands of Plano in Key Strategic Expansion
Clover Capital Partners acquires The Woodlands of Plano, a 232-unit property in a growth-oriented move, leveraging a notable financing strategy with low fixed-rate debt, showcasing their investment savvy and alignment with multifamily industry trends.
The Lofton Unveiled: A New Chapter in Accessible Housing for Columbus’s South High Neighborhood
The NRP Group launches The Lofton in Columbus, providing 245 housing units for incomes between 30-80% AMI. This family-focused development, backed by city and nonprofit partnerships, promises to enhance the South High neighborhood with amenities and community spaces designed for growth and connectivity.
CIM Group Expands Portfolio with Acquisition of Overture Hamlin Active Adult Community
CIM Group acquires Overture Hamlin, adding a 180-unit, 55+ active adult community to its portfolio. The Orlando property offers upscale amenities and programming for resident engagement and connection, aligning with demographic trends in senior living.