Castle Lanterra Multifamily Achieves Remarkable Success with Sale of Two Residential Properties in Corpus Christi, TX

National Real Estate Investment Firm Announces Robust IRR as Capital Improvements, Hands-On Management Create Exceptional Value CORPUS CHRISTI, Texas, Aug. 15, 2022 — Castle Lanterra Multifamily, a division of Castle Lanterra, a New York-based national real estate investment firm, today announced the sale of two prominent residential communities in Corpus Christi, TX that provided a strong Internal Rate of […]

Harbor Associates Completes Lease-Up on Bungalows Del Mar Office in Del Mar, California Despite the Pandemic and Work from Home Trend

LONG BEACH, Calif., Aug. 12, 2022  —  Harbor Associates, LLC (“Harbor”) has completed the lease up on the Bungalows Del Mar Office despite the pandemic and work from home trends that have slowed traditional office leasing. The Bungalows Del Mar Office is a 39,537-square-foot trend setting low-rise office building in the highly desirable coastal San Diego submarket of Del Mar. Harbor vacated the […]

MG Properties Acquires Two Sacramento Communities in Multifamily Deal

SAN DIEGO, Aug. 11, 2022 — MG Properties Group, a private San Diego-based real estate investor and operator, is further expanding its Sacramento presence, today with the acquisition of Eleanor and H16 Midtown Apartments. The two newly combined communities are located along the 16th street corridor in the Midtown submarket of Sacramento. Each community has an attractive contemporary design where […]

37th Parallel Properties Announces Recent Closing of 344-Unit Asset in Fort Worth, TX

RICHMOND, Va., Aug. 10, 2022 — 37th Parallel Properties (“37th Parallel”), a Richmond, VA-based multifamily real estate investment firm, is pleased to announce the recent acquisition of The Heights of Cityview, a 344-unit, 1998-built multifamily asset located in Fort Worth, Texas on behalf of their investors and joint venture partners. This marks the firm’s seventh (7) acquisition in the Dallas-Fort Worth metro and […]

Eastern Union Closes on $54 Million in Financing for Three-Site, 628-Unit Multifamily Portfolio in Indianapolis

Michael Muller Brokers Ten-Year Mortgage on City’s East Side, Site of Rapid Industrial Growth NEW YORK, Aug. 11, 2022 — Michael Muller, a senior managing director with Eastern Union, has arranged $54,027,000 in financing toward the acquisition of a three-property, multifamily portfolio on the East Side of Indianapolis, an area of brisk industrial growth. The portfolio’s combined apartment count equals 628 […]

Pegasus Residential Names Jackie Ware Chief Strategy Officer

Wednesday, August 10, 2022 – Alpharetta, GA – Pegasus Residential Names Jackie Ware Chief Strategy Officer Pegasus Residential is proud to announce the promotion of Jackie Ware to Chief Strategy Officer. Jackie is an experienced, dynamic leader whose contributions have been instrumental in positioning Pegasus as one of the fastest-growing property management companies in the multi-family […]