Olympus Property Expands California Footprint with 179-unit West Hollywood, CA Acquisition
FORT WORTH, Texas, March 17, 2023 — Olympus Property is pleased to announce the acquisition of Angelene Apartments, a 179-unit apartment community located in West Hollywood, California. Established in 1992 with a steadfast vision of becoming a leader in the multifamily real estate industry, Olympus Property boasts a wealth of experience and a hands-on approach throughout the […]
Canyon Partners Provides $14.8 Million Preferred Equity Investment for 266-Unit Multifamily Development in South Carolina
INDIAN LAND, SC – Canyon Partners Real Estate announced that it has provided a $14.8 million preferred equity investment in a joint venture with The Widewaters Group for the development of Parkstone at Indian Land, a Class-A, 266-unit, garden style residential community in Indian Land, S.C. Widewaters will lead development of the community, which is […]
CHASE PROPERTIES ANNOUNCES THE ACQUISITION OF PINE TREE PLAZA, JANESVILLE, WISCONSIN
BEACHWOOD, Ohio, March 14, 2023 — Chase Properties, a Beachwood, Ohio-based owner and operator of shopping centers, announces the acquisition of Pine Tree Plaza, an open-air shopping center located in Janesville, Wisconsin. Pine Tree Plaza is a 184,834 square foot shopping center anchored by TJ Maxx, HomeGoods, Michaels, Old Navy, and Petco. Pine Tree Plaza is situated in […]
Cantor Fitzgerald and Silverstein Properties Close $165 Million Construction Loan for 354-Unit Apartment Building in New York City
NEW YORK, NY – Affiliates of Cantor Fitzgerald, a leading global financial services firm and real assets investment company, and Silverstein Properties, a leading global full-service real estate development, investment, and management firm, announce the closing of construction financing for 44-01 Northern Boulevard, a project that Cantor Silverstein Opportunity Zone Trust is invested in. Cantor […]
Locale Hospitality Expands into California with the Opening of Locale Menlo Park at Springline
MENLO PARK, Calif., March 10, 2023 — Locale Hospitality, a leading brand and manager of apartment-style accommodations for short and extended stays, today announced its expansion into California with the opening of Locale Menlo Park within Presidio Bay’s Springline, the Bay Area’s most anticipated mixed-use development. The tech-forward hospitality company will manage 15 one-bedroom and two-bedroom residences at Springline, a modern […]
Multifamily Investor Hamilton Zanze Acquires Community in Phoenix
PHOENIX, March 9, 2023 — San Francisco-based real estate firm Hamilton Zanze (HZ) has acquired the 296-unit Springs at Deer Valley apartment community in Phoenix. The purchase marks the firm’s seventh property in their current portfolio in the state of Arizona. The community will be rebranded as the Ironwood at Happy Valley apartments. The property was marketed by Walker & Dunlop’s investment sales […]
Landmark Properties to Develop Purpose-Built Residential Community to Serve University of Southern California Students
ATHENS, Ga., March 8, 2023 — Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, announces plans to develop a second student apartment community in the Los Angeles market. Construction is scheduled to begin by the end of 2023 on the 435-unit community located 0.3 miles from The University of […]
JBM® Exclusively Lists Progress Village Apartments in Tampa
ST. PETERSBURG, Fla., March 1, 2023 — JBM® Institutional Multifamily Advisors has exclusively listed Progress Village – a Class A multifamily community in Tampa, Florida. Seller is Orlando-based developer, MMI Development. In addition to its superb product, Progress Village features attractive, assumable debt at a 3.47% interest rate with more than 3.5 years of interest-only payments remaining. This allows potential […]
Lloyd Companies VP, Ashley Lipp, Joins Industry-Leading Multifamily Innovation® Advisory Council
March 8, 2023 – Scottsdale, AZ — Multifamily Leadership is pleased to announce Ashley Lipp, Vice President of Residential Property Operations at Lloyd Companies, has joined the Multifamily Innovation® Advisory Council. This esteemed council is made up of industry leaders and innovators who come together to share their expertise and insights on the multifamily industry. Lipp […]
Walcott Hackensack Open for Move-Ins
HACKENSACK, N.J. , Feb. 28, 2023 /PRNewswire/ — Waypoint Residential introduces its brand new 235-unit community, The Walcott Hackensack, as it welcomes new residents to the Hackensack, New Jersey, neighborhood. “The Walcott Hackensack is located at a desirable Main Street location that offers easy access to public transportation as well as a walkable experience within the up-and-coming urban community […]