Spirit Investment Partners Acquires 895-Unit Texas Portfolio From Resia
Spirit Investment Partners, in partnership with Strategic Value Partners, announced the off-market acquisition of an 895-unit multifamily portfolio from Resia, the U.S. multifamily real estate and modular manufacturing subsidiary of Brazil’s largest homebuilder, MRV & Co. The portfolio includes the 573-unit Resia Ten Oaks community in Houston and the 322-unit Resia Rayzor Ranch community in […]
Security Properties Acquires 134-Unit Langara Community in Issaquah for $55.1 Million
Security Properties, a Seattle-based real estate investment firm with more than $6 billion in assets under management, has acquired Langara, a 134-unit apartment and townhome community in Issaquah, Washington. The company announced the purchase price as $55.1 million, or approximately $411,000 per unit. The acquisition was completed in partnership with RGA ReCap Incorporated on behalf […]
A Career Move From Big Tech To Startup Leadership
Send us Fan Mail Paperwork shouldn’t be the reason your leasing team misses a tour. We’re joined by Sarah Kopp, Director of Sales at Foxen, for a candid conversation about what actually clogs up multifamily operations and what happens when owners and operators build the technology they wish existed. Sarah shares her personal career leap […]
37th Parallel Properties Acquires 222-Unit Woodbridge Villas in Sachse Texas
37th Parallel Properties acquired Woodbridge Villas, a 222-unit apartment community in Sachse, Texas. The multifamily real estate investment firm completed the off-market transaction for the property built in 2002. The acquisition expands the company’s portfolio in the Dallas-Fort Worth metro area. According to the announcement, Sachse has a median household income of approximately $117,000 and […]
Livmark Communities Breaks Ground on 457-Unit The Collins Apartments in Fort Collins
Livmark Communities has broken ground on The Collins Apartments at Union Park, a 457-unit rental community in Fort Collins, Colorado. The company announced the start of construction at a ceremony marking the project’s launch in the Union Park neighborhood. The development is located off Ziegler Road and Harmony Road in Midtown Fort Collins. According to […]
Preiss Returns to Charlotte Market Managing 569 Beds at UNC Charlotte Communities
Preiss, a national student housing and multifamily owner, developer, and operator, announced it has been awarded property management of The Mill and The Union, two student housing communities near the University of North Carolina at Charlotte. The company secured the management contract following the acquisition of both assets by New York-based Triangle Capital Group. According […]