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 […]
Hudson Valley Property Group Celebrates $85M Revitalization of Camden, New Jersey Apartment Complex
CAMDEN, N.J., Oct. 12, 2022 /PRNewswire/ — Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, announced that it has finalized an $85 million preservation and renovation project at the Community Meadows apartments (formerly known as Crestbury Apartments), a 391-unit, 21.5 acre complex located in Camden’s Morgan Village. HVPG was joined earlier today by City of Camden Mayor Vic Carstarphen, U.S. Housing […]
Brazos Residential Closes Twelfth Transaction of 2022 with Acquisition of Two Property Portfolio in Southwest Fort Worth, Texas
DALLAS, Oct. 12, 2022 /PRNewswire/ — Brazos Residential, LLC, a Dallas-based real estate private equity firm specializing in multifamily investments, announces the acquisition of a two-property portfolio in Benbrook, TX, marking the firm’s twelfth transaction in 2022. 334-unit portfolio in one of the most affluent communities in the DFW metroplexTweet this The 334-unit portfolio consists of two 1980’s-built communities—Clear Fork Trail, […]
Walker & Dunlop Structured $115M Denver Luxury Apartments Sale
BETHESDA, Md., Oct. 11, 2022 /PRNewswire/ — Walker & Dunlop, Inc. announced today that it structured a $115 million sale for 360 Degrees, a luxury apartment community located in the heart of Denver’s largest employment base, the Denver Tech Center. Walker & Dunlop’s Dan Woodward, Dave Potarf, Matt Barnett, and Jake Young brokered the sale of 360 Degrees, and worked alongside the seller, EverWest Real Estate Investors, to […]
ECI Group Announces Sale of The Columns at Vinings Apartments in Atlanta, GA
ATLANTA, Oct. 11, 2022 /PRNewswire/ — ECI Group (ECI) announces the sale of The Columns at Vinings apartments at 1900 Tamarron Parkway, SE, in northwest suburban Atlanta, GA to Investors Management Group (IMG). The 320-unit, 1985-vintage community was acquired by ECI in October 2017. ECI upgraded the unit interiors and improved and modernized the community’s amenities during its ownership period. “The Columns at Vinings is an […]
Thompson Thrift Hosts Groundbreaking on First Phase of 75-Acre Mixed-Use Industrial Development in Mesa’s Elliot Road Technology Corridor
MESA, Ariz., Oct. 11, 2022 /PRNewswire/ — Thompson Thrift, a full-service nationally recognized real estate company, hosted a groundbreaking today for the first phase of Elliot Tech Center, a 1 million-square-foot, mixed-use industrial and retail project within Mesa’s Elliot Road Technology Corridor. “While today’s ceremony marks the official start of construction, we would be remiss if we didn’t acknowledge the […]
Thompson Thrift to Develop New Luxury Multifamily Community Near Grand Rapids, Michigan
GRAND RAPIDS, Mich., Oct. 10, 2022 /PRNewswire/ — Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced today the acquisition of 29 acres of land in the Grand Rapids suburb of Wyoming. The company will develop a 344-unit Class A multifamily community on the land and plans to welcome new residents in […]
Aline Capital closes $71 million in deal volume in Greenville, SC for the month of September
GREENVILLE, S.C., Oct. 6, 2022 /PRNewswire/ — Aline Capital’s Capital Markets team is pleased to announce the closing of over $71mm in deal volume in their hometown of Greenville, SC for the month of September. The deals comprised of three transactions and included both debt and equity placement. Scott Williams, JD Lehman, Sammy Lortz, and Garett Todd of the Capital Markets Team all […]
FCP Acquires 297 – Unit Multifamily Apartment Community in Raleigh, NC for $48 Million
CHEVY CHASE, Md., Oct. 6, 2022 /PRNewswire/ — FCP® announces the $48.0 million acquisition of Grand Arbor Reserve, a 297-unit vintage apartment community at 2419 Wycliff Road, blocks from I-440 in Raleigh, NC. “Grand Arbor Reserve is a well-located asset that provides residents quality housing near job centers, retail amenities and transportation corridors,” said FCP’s Michael Errichetti. Grand Arbor Reserve offers residents convenient access […]