Harbor Group International Acquires Multifamily Property in Phoenix
PHOENIX, Sept. 15, 2022 /PRNewswire/ — Affiliates of Harbor Group International, LLC (“HGI”), a privately owned international real estate investment and management firm, today announced the acquisition of the Colter Park Apartments, a 384-unit multifamily property located in Phoenix, Ariz., for $80.75 million. Steven Vegh of Westwood Realty Associates brokered the off market transaction. Northmarq arranged a Freddie Mac senior […]
JBM Sells The Point at Bella Grove – Apartments in Sarasota, Florida
ST. PETERSBURG, Fla., Sept. 16, 2022 /PRNewswire/ — JBM® Institutional Multifamily Advisors brokers the sale of The Point at Bella Grove – a Class A, 180-unit, mid-rise style, multifamily community. Built in 2017, the Property sits on a 9.55 acre +/- site. Comprised of six residential buildings, two of which are four-story, elevator-serviced, the Property features a range […]
Cove Capital Investments Acquires Value-Add Multifamily Community in Growing Dallas Fort-Worth, Texas Neighborhood for Its Cove Multifamily 59 DST
The acquisition represents another Texas multifamily purchase by Cove Capital as it continues to build a portfolio of debt-free multifamily offerings for accredited investors seeking Delaware Statutory Trust 1031 Exchange or Direct-Cash real estate Investments LOS ANGELES, Sept. 16, 2022 /PRNewswire/ — Cove Capital Investments, LLC, a DST Sponsor Company specializing in debt-free Delaware Statutory Trusts (DSTs) and other […]
Wood Partners Breaks Ground on 18-Acre Wooded Site Outside Portland: Alta Amberglen
HILLSBORO, Ore., Sept. 15, 2022 /PRNewswire/ — Leading national multifamily real estate developer Wood Partners today announced the official groundbreaking of the company’s latest luxury residential community, Alta Amberglen, located just west of Portland in Hillsboro, Oregon. With construction of the project now underway, the community is scheduled to officially open in 2024. Located at the intersection of NE Eckert […]
Ashland Greene Capital’s Strong Push in DFW Metroplex Continues with New Fund V – Its First 506(c)
DALLAS, Sept. 14, 2022 /PRNewswire/ — Ashland Greene Capital, a Dallas-based multifamily real estate investment firm, has announced its first 506(c) fund as it continues to grow its portfolio. Ashland Greene is a vertically integrated real estate company that currently owns and operates $1 billion of assets in more than 5,100 units in the Dallas-Fort Worth metroplex. Previously […]
Sentral Brings Innovative Flexible Living Concept to Denver’s Historic River North District in 2023
DENVER, Sept. 13, 2022 /PRNewswire/ — Sentral, the modern property management company innovating flexible living communities throughout the United States, today announced its newest collaboration with OliverBuchananGroup (OBG): Sentral RiNo, located in Denver’s River North District. Sentral RiNo will commence construction in 2023 and represents the first project undertaken as part of an exclusive partnership with OliverBuchananGroup that will develop new neighborhood-defining, multifamily communities […]