Belpointe PREP, LLC Acquires New Opportunity Zone Property in Storrs, Connecticut

GREENWICH, Conn., Oct. 25, 2022 /PRNewswire/ — Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ” or the “Company”), a publicly traded qualified opportunity fund, announced today that it has completed the acquisition of 1750 Storrs Road, Storrs, Connecticut (“1750 Storrs”). 1750 Storrs is a 19-acre development site located near the University of Connecticut in Storrs (“UCONN”), where the Company anticipates building a […]

Oxford Properties Expands its San Diego Life Science Presence with Purchase and Lease Back of Ionis Campus

SAN DIEGO, Oct. 24, 2022 /PRNewswire/ – Oxford Properties Group (“Oxford”), a leading global real estate investor, asset manager and business builder today announced the purchase and long-term lease back of Ionis Pharmaceuticals’ (“Ionis”) 18.4-acre life science campus and corporate headquarters. Located in the established San Diego life science submarket of Carlsbad, the campus features approximately 250,000 square feet of […]

Wood Partners and PGIM Real Estate Break Ground on New Residential Community in one of Raleigh’s Fastest Growing Areas

RALEIGH, N.C., Oct. 17, 2022 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, and PGIM Real Estate, the real estate investment and financing arm of PGIM, today announced groundbreaking of the partnership’s residential community—Alta Town Center—located in Raleigh, North Carolina. With construction currently underway, the community is scheduled to officially open in fall 2023 […]

Newly Branded North Hill Apartments in Virginia Beach Unveils Upgrades to Provide Luxury Living Experience for Dog Lovers, Fitness Enthusiasts, Beach Devotees, Art Appreciators + More

VIRGINIA BEACH, Va., Oct. 18, 2022 /PRNewswire/ — North Hill Apartments in Virginia Beach is unveiling its multi-million-dollar improvements to both the property and the resident experience. The exciting upgrades will create standout shared amenity spaces indoors and out, as well as revamped two-bedroom apartment residences that embody elevated coastal living. Biking distance to the beach and just minutes […]

Multifamily Leadership Announces Finalists for the 2023 Best Places to Work Multifamily®

Scottsdale, AZ (October 21, 2022) – The national finalists for the official Best Places to Work Multifamily® will be honored during the upcoming Multifamily Innovation® Summit on December 7-8, 2022 in Phoenix, Arizona. At the Summit, each company will learn how they ranked nationally amongst the other participants and will be recognized on stage for […]

Capital Square Acquires Multifamily Community Near Huntsville for DST Offering

HUNTSVILLE, Ala., Oct. 20, 2022 /PRNewswire/ — Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today the acquisition of FarmHaus Apartments, a 324-unit Class A multifamily community located in the Huntsville suburb of Madison, Alabama. The community was acquired on behalf of CS1031 FarmHaus Apartments, DST, which seeks […]

Vista Residential Partners Announces Groundbreaking on 36 Acres for Development of 279-Unit Creekview Vista in LaGrange, GA

LAGRANGE, Ga., Oct. 19, 2022 /PRNewswire/ — Vista Residential Partners, a national multifamily development firm, has broken ground on 36 acres on Hamilton Road in LaGrange, Georgia, for the development of Creekview Vista, a 279-unit multifamily development. A joint venture between Batson Cook Development Company and Blue Vista Management, provided the equity. Situated on Highway 27, Creekview Vista […]

Stoneweg U.S. LLC Acquires 178-Unit Apartment Community JRG Lofts in Cincinnati, OH; Expanding its Geographic Footprint in the Midwest

ST. PETERSBURG, Fla., Oct. 18, 2022 /PRNewswire/ — Stoneweg U.S. LLC (Stoneweg US) a real estate firm specializing in multifamily acquisitions and developments, today announced the acquisition of JRG Lofts, a 178-unit, mixed-use, apartment community in Mainstrasse Village, a national historic district in the Cincinnati, OH MSA.  The acquisition further expands the company’s geographic footprint in the Midwest, which accounts […]

Aventon Companies Continues Its Growth on the West Coast of Florida with a New Apartment Community Set to Debut in Wesley Chapel

WESLEY CHAPEL, Fla., Oct. 17, 2022 /PRNewswire/ — Aventon Companies, a prominent, vertically integrated, multifamily developer with active projects throughout the Mid-Atlantic and Southeast, is continuing its expansion in the Tampa Bay region with the unveiling of Aventon Meadow Pointe. The community will be a 360-unit, four-story, Class A development, located at 4727 Meadow Pointe Boulevard. Poised to become the […]

Agent PHL Brokers Sale of 55-Unit Development Site in Philadelphia for $3,200,000

PHILADELPHIA, Oct. 13, 2022 /PRNewswire/ — On behalf of Khosla Properties, Agent PHL powered by Compass Commercial has formally announced the sale and settlement of 1713-21 North Front Street in Philadelphia, Pennsylvania. The incredibly desirable parcel is located in the Fishtown submarket, where investment and development demand remains at record levels. The transaction was brokered by Ryan McManus, Principal […]