Bodka Creek Capital Continues Expansion with 72-Unit Tennessee Complex Acquisition
The Retreat at Meadowview is Phase I of a Class A Luxury Complexwhere Bodka will develop 48-60 additional units to complete Phase II KINGSPORT, Tenn., Jan. 31, 2023 /PRNewswire/ — Bodka Creek Capital has acquired The Retreat at Meadowview, a 72-Unit Multifamily Complex in Kingsport, Tennessee. The deal is the sixth property for the owner / operator private equity firm […]
Landmark Properties to Expand into Minnesota with Luxury High-Rise Student Housing Community in Minneapolis
The Standard at Dinkytown to Serve Students at the University of Minnesota ATHENS, Ga., Jan. 31, 2023 — Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management and operation of high-quality residential communities, announces its first development in Minnesota in a prime commercial district of Minneapolis. The Standard at Dinkytown is a 1,021-bed community within walking […]
SENTRAL ACQUIRES ALIGN RESIDENTIAL, MORE THAN DOUBLING MANAGEMENT FOOTPRINT ACROSS THE U.S.
Combined company will deliver best-in-class multifamily and hospitality management platform SAN FRANCISCO, Jan. 30, 2023 /PRNewswire/ — Sentral, the leading full-service management company offering any length of stay, today announced its acquisition of Align Residential, the dynamic national management firm specializing in innovative residential experiences. The acquisition expands the number of Sentral communities to 40, and the company’s network […]
Cadence Creek at Gosling Now Open, Celebrating with Grand Opening Event on Jan. 28
SPRING, Texas, Jan. 25, 2023 — Caldwell Communities is pleased to announce the grand opening of its newest active adult 55+ community Cadence Creek at Gosling in Spring, TX on Saturday Jan. 28 from 12 to 4 p.m. featuring light bites and festive activities with live entertainment, door prizes and more. “We are extremely excited to celebrate that the community is now open and […]
Olive Tree Affordable Housing Enters Into North Carolina Market with Acquisition of Multifamily Community in Wilmington
— The acquisition of the 429-unit, affordable community, The Life at Lakeside Villas, formerly known as Village at Greenfield Apartments, expands Olive Tree’s operations to 9 states and represents the firm’s first property in North Carolina — WILMINGTON, N.C., Jan. 26, 2023 /PRNewswire/ — Olive Tree Affordable Housing, the affordable housing affiliate of Olive Tree Holdings, a mission driven private investment company with a focus […]
Capital Square Acquires 396-Unit Parkland Apartment Community in Affluent Suburban Miami Market of Parkland, Florida
MIAMI, FL – Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Parkland Apartments, a 396-unit Class A multifamily community in the affluent Miami suburb of Parkland, Florida. The community was acquired on behalf of CS1031 Parkland Apartments, DST. “Parkland […]
The Martin Group Acquires 170-Unit Anton Edge and Alice House Apartment Communities in Sought-After Oakland Neighborhoods
OAKLAND, CA – The Martin Group and STARS REI announced the acquisition of two apartment properties located in Oakland, California. The partners closed on the acquisition of Anton Edge, a brand-new 91-unit luxury apartment complex located in the heart of Oakland’s Pill Hill neighborhood. The partners also closed on the recapitalization of Alice House, a […]
Harbor Group International Grows Miami Footprint with Acquisition of Newly Built 420-Unit Oak Enclave Miami Apartment Community
MIAMI, FL – Affiliates of Harbor Group International, a privately owned international real estate investment and management firm, announced the acquisition of Oak Enclave Miami, a newly developed, 420-unit, mid-rise multifamily community in Miami Gardens, Fla. The community adds to HGI’s growing Miami portfolio, marking the eighth property under HGI’s ownership in Miami-Dade County, comprising nearly […]
Transwestern Development Breaks Ground on 333-Unit Mixed Housing Community on The Arizona State University Tempe Campus
TEMPE, AZ – Transwestern Development Company broke ground on a 333-unit multifamily community at Tempe’s Novus Innovation Corridor on the Arizona State University Tempe campus. TDC, along with equity partners Griffin Capital and University Realty, will begin construction this month on the seven-story building located on 2.36 acres at the southeast corner of 6th Street and Rural Road. “We are […]
37th Parallel Properties Surpasses $1 Billion in Transactions, Adds to Houston Presence with 291-Unit Community Acquisition
RICHMOND, Va., Jan. 25, 2023 — 37th Parallel Properties (“37th Parallel”) today announced 2022 transaction volume of $300 million, bringing their historical transaction totals to 10,000 units representing over $1 billion in value. The firm’s most recent transaction was Grand Reserve, a 291-unit, 2013-built community in Katy, one of the strongest submarkets in Houston. The asset was acquired off-market by 37th Parallel on behalf […]