Allied Orion Group Chosen to Manage Metro Midtown
HOUSTON, Sept. 22, 2022 /PRNewswire/ — Allied Orion Group has been chosen to manage Metro Midtown, a 419-unit apartment community in the heart of Midtown in Houston, Texas. Metro Midtown is located at 2350 Bagby Street just minutes from the Metro Rail with easy access dining, shopping, and entertainment options. A pet-friendly community, Metro Midtown offers one-, two-, […]
Multifamily Innovation® Announces 2022 Summit Schedule
SCOTTSDALE, Ariz., Sept. 21, 2022 /PRNewswire/ — Multifamily Innovation® announces their 2022 Summit schedule, covering the most requested and most crucial topics for operating winning, successful multifamily organizations in today’s climate. At the Summit, you will gain access to the perspectives from the Multifamily Innovation® Advisory Council members so you can avoid pitfalls and gain new perspectives for your […]
Bell Partners Appoints Mark Bates to Lead Western U.S. Investment Activity
GREENSBORO, N.C., Sept. 21, 2022 /PRNewswire/ — Bell Partners Inc., one of the nation’s leading apartment investment and management companies, today announced the appointment of Mark Bates as Senior Vice President, Investments. In this role, Mr. Bates will oversee Bell Partners’ multifamily investment activity in the Western U.S. region, including Seattle, the Bay Area, Southern California, Denver and Austin. He will report to Nickolay Bochilo, […]
Kasa Living, Inc. Opens New Location in Charlotte
CHARLOTTE, N.C., Sept. 21, 2022 /PRNewswire/ — Kasa Living, Inc., a national tech-powered, flexible accommodations brand and operator, adds another property to its collection with an opening in the historic Dilworth neighborhood of Charlotte. The dynamic location, known as Kasa Edison House Charlotte, is open to guests now. Kasa Living adds another property to its collection with an opening […]
Skanska builds mixed-use development in St. Petersburg, Florida, USA, for USD 111M, about SEK 1 billion
STOCKHOLM, Sept. 22, 2022 /PRNewswire/ — Skanska has signed a contract with Marina Club Apartments LLC to build a mixed-use building in St. Petersburg, Florida, USA. The contract is worth USD 111M, about SEK 1 billion, which will be included in the US order bookings for the third quarter 2022. The multifamily-led project will consist of an 8-story pre-cast building overlooking Boca […]
Multifamily Innovation® Announces 2022 Summit Schedule
Topics range from centralized leasing for multifamily portfolios, the state of multifamily technology integrations, pilot programs and new technology integrations, leasing automations, flexible rentals, and more. SCOTTSDALE, Ariz., Sept. 21, 2022 — Multifamily Innovation® announces their 2022 Summit schedule, covering the most requested and most crucial topics for operating winning, successful multifamily organizations in today’s climate. At the […]
Cantor Fitzgerald and Silverstein Properties Announce the Closing of a $176 Million Construction Loan for Astra Tower in Salt Lake City
NEW YORK, Sept. 21, 2022 /PRNewswire/ — Affiliates of Cantor Fitzgerald, L.P., (“Cantor”) a leading global financial services firm and real assets investment company, and Silverstein Properties (“Silverstein”), a leading global full-service real estate development, investment, and management firm, announce the latest closing of construction financing for an investment by Cantor Silverstein Opportunity Zone Trust, Inc. (“CSOZ […]
Hudson Valley Property Group Closes $292 Million Affordable Housing Preservation Fund
NEW YORK, Sept. 20, 2022 /PRNewswire/ — Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, announced today it has completed the final close for its second real estate private equity fund. HVPG raised $292,420,000 in capital commitments, $42 million more than its $250 million target, from a broad range of institutional investors, including family offices, banks, endowments, foundations, insurance […]
WNC Fund 53 Raised $153 Million in Institutional LIHTC Equity to Develop and Renovate Over 1,300 Affordable Housing Units
IRVINE, Calif., Sept. 16, 2022 /PRNewswire/ — WNC, a leading provider of investment, asset management and development services in the affordable housing industry, announced today it has closed WNC Institutional Tax Credit Fund 53, L.P. (Corp 53), a low-income housing tax credit (LIHTC) fund totaling $153.4 million in equity. Corp 53 raised the $153.4 million in equity from a total of nine […]
Harbor Group International Acquires Multifamily Property in Phoenix
PHOENIX, Sept. 15, 2022 /PRNewswire/ — Affiliates of Harbor Group International, LLC (“HGI”), a privately owned international real estate investment and management firm, today announced the acquisition of the Colter Park Apartments, a 384-unit multifamily property located in Phoenix, Ariz., for $80.75 million. Steven Vegh of Westwood Realty Associates brokered the off market transaction. Northmarq arranged a Freddie Mac senior […]