Red Summit Partners Closes 6th Texas Acquisition
DALLAS, Oct. 14, 2022 /PRNewswire/ — Amid one of the most challenging market environments in years, multifamily investment firm Red Summit Partners has closed on Station 3700, a 321-unit apartment complex located in Euless, Texas. The property was built in 2000 and is located within walking distance of the new American Airlines world headquarters campus. Red Summit plans […]
Civitas Capital and Shelter Companies Break Ground on Uniti Montrose in Culture of Houston
HOUSTON, Sept. 29, 2022 /PRNewswire/ — Civitas Capital Group, through its residential development subsidiary The Shelter Companies, is developing a 238-unit, 381-bed residential multifamily project on approximately 1.09 acres in Houston’s thriving Montrose district. The development, UNITi Montrose, will provide attainable rental housing in one of the most expensive and desirable submarkets of Houston through a unique blend of co-living, shared common […]
Elm Tree Communities Announces Commencement of Leasing at Blueway Commons in Haddam, Connecticut
OLD SAYBROOK, Conn., Sept. 29, 2022 /PRNewswire/ — Elm Tree Communities today announced the commencement of residential leasing at Blueway Commons, a luxury, 56-unit multifamily community in Haddam, Connecticut, consisting of three garden-style residential buildings and a state-of-the-art resident clubhouse. “We are so pleased to have Alexis Lissabet leading our leasing efforts at Blueway Commons,” said Jeff Hartmann, the founder and CEO […]
Multifamily Investor Hamilton Zanze Acquires Seventh Community in Colorado Springs
COLORADO SPRINGS, Colo., Sept. 27, 2022 /PRNewswire/ — San Francisco-based real estate firm Hamilton Zanze (HZ) has acquired the 264-unit Springs at Foothills Farm apartment community in Colorado Springs. The purchase marks the firm’s seventh property in their current portfolio in the Colorado Springs metro. Built in 2021, Springs at Foothills Farm is located at 1203 Affirmed View in the desirable North […]
Thompson Thrift Announces Sale of The Element in Kansas City, Missouri
KANSAS CITY, Mo., Sept. 28, 2022 /PRNewswire/ — Thompson Thrift, a full-service nationally recognized real estate company, announced today the sale of The Element, a 276-unit multifamily community located in Kansas City. Minneapolis-based Timberland Partners purchased the community. “Population growth and affordable living costs relative to other Midwestern metros has made Kansas City a popular multifamily market in recent years,” said Josh Purvis, […]
Mission Rock Residential Signs Deal to Manage Apartments in Colorado Springs
COLORADO SPRINGS, Colo., Sept. 27, 2022 /PRNewswire/ — Mission Rock Residential, a Denver-based multifamily property management company, is announcing a new management contract today in the city of Colorado Springs. This new addition to their portfolio, the Springs at Foothills Farm Apartments, is located one hour south of the capital city of Denver. The company has been issued an agreement for […]