Thompson Thrift to Develop 308-Unit Stella Luxury Apartment Community in Rapidly Growing Phoenix Submarket of San Tan Valley
PHOENIX, AZ – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the development of Stella, a 308-unit, Class A multifamily community in the Phoenix suburb of San Tan Valley. Thompson Thrift plans to begin construction in June and welcome new residents beginning in late 2024. […]
Bell Partners Closes $1.3 Billion Value-Add Fund Reflecting Solid Demand for Multifamily Investment Opportunities in Strong Markets
GREENSBORO, NC – Bell Partners, one of the nation’s leading multifamily investment and property management firms, announced the final close of its Value-Add Fund VIII at a hard cap of $1.3 billion in equity commitments from a range of domestic and international investors, many of whom were existing partners in previous funds. Fund VIII will […]
Capital Square Breaks Ground on 348-Unit Livano Knoxville Apartment Community in Opportunity Zone along The Tennessee River
KNOXVILLE, TN – Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced it has broken ground on Livano Knoxville, an approximately 348-unit Class A multifamily community in a qualified opportunity zone in Knoxville, Tennessee. Construction of the development is expected to be completed […]
CEP Multifamily Acquires 97-unit Regal Ridge Apartments in Spokane, WA
EVERETT, Wash., July 7, 2023 — CEP Multifamily announced their July 7, 2023, acquisition of Regal Ridge, a 97-unit market rate garden apartment community in Spokane’s desirable South Hill neighborhood. Regal Ridge is the first acquisition in Spokane for the vertically integrated Everett-based firm and grows their existing Pacific Northwest portfolio to 1,606 units, 475 of which are outside of the Puget Sound Region. […]
Agent PHL Brokers 30-Unit Development Site in Philadelphia for $3,000,000
PHILADELPHIA, July 6, 2023 — On behalf of The Seller, Agent PHL has formally announced the sale and settlement of 2400 East Venango Street in Philadelphia, Pennsylvania. The site will provide thirty (30) new residences in a marketplace starved for high-quality, attainably-priced residential housing. The sale was brokered by Ryan McManus, principal of Agent PHL— in collaboration with Rich Cassell of […]
Vessel Secures Investment from Innovation Driver Mastry Ventures and LENX for Game-Changing Mission-Driven Housing Solution
Vessel’s Next-Gen Housing Product Offers Working People, Developers, Franchisees and Host Communities a Pathway to Attainable Housing Creation and Near-Term Economic Development NEW YORK, July 6, 2023 — Vessel Technologies, Inc., a mission-driven housing product development company and franchisor that offers a high-quality, sustainable, and attainably priced housing solution, has secured Series A funding from co-lead […]
Waypoint Residential Announces Delivery of Seven New Apartment Communities Totaling 1,800-Units Across Multiple Markets in Florida
BOCA RATON, FL – Waypoint Residential, a vertically integrated multifamily developer, owner and operator, announced that it is delivering 7 new apartment projects, totaling 1,800 units, in Florida in the first half of 2023. The projects, which all contain Class A amenities and finishes, are located in markets throughout the state, including Port St. Lucie, […]
Capital Square Breaks Ground on 348-Unit Livano Knoxville Apartment Community in Opportunity Zone along The Tennessee River
KNOXVILLE, TN – Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced it has broken ground on Livano Knoxville, an approximately 348-unit Class A multifamily community in a qualified opportunity zone in Knoxville, Tennessee. Construction of the development is expected to be completed by spring 2025. […]
BROOKFIELD PROPERTIES ANNOUNCES ENTIRE U.S. OFFICE PORTFOLIO TO BE POWERED BY ZERO EMISSIONS ELECTRICITY
One of Largest Office Portfolios in the U.S to be 100% Zero Emissions Electricity by 2026 NEW YORK, June 28, 2023 — Brookfield Properties today announced the entire U.S. office portfolio it manages will be powered by zero emissions electricity by 2026. More than 65% of its office space, including the entirety of its New York and Washington, D.C. office […]
ECI Group Launches Pre-Leasing at The Corwyn Conyers as 300-Unit Apartment Development Nears Completion
ATLANTA, June 26, 2023 — ECI Group (ECI) with joint venture partner, The Griffin Fund, has launched pre-leasing at the newly developed, 300-unit, The Corwyn Conyers apartment community in Conyers, GA. Located at Courtesy Parkway and Old Covington Highway, and adjacent to over 1 million square feet of retail shopping options, The Corwyn Conyers is one of the first new apartment communities to be developed in […]