MG Properties Acquires Dylan Point Loma Apartments in San Diego
MG Properties, a San Diego–based multifamily real estate investment firm, has acquired Dylan Point Loma Apartments, a multifamily community located in the Point Loma neighborhood of San Diego. Dylan Point Loma sits within one of San Diego’s coastal submarkets and provides residents with proximity to major employment centers, beaches, dining, and entertainment. The community offers […]
Bascom Northwest Sells Tempo at Riverpark Apartments to Hines for $105 Million
Bascom Northwest Ventures announced the sale of Tempo at Riverpark Apartments to a venture led by Hines for $105,000,000. The 235-unit, class A suburban community is located in Oxnard, California, less than a mile from the Pacific Ocean and within an hour’s drive of Downtown Los Angeles. Bascom Value Added Apartment Investors Fund IV, an […]
Lincoln Avenue Communities Breaks Ground on NSA East Bank Adaptive Reuse to Deliver 294 Affordable Apartments and 30,000 Square Feet of Ground Floor Retail in Bywater
Lincoln Avenue Communities has broken ground on NSA East Bank Apartments, an adaptive-reuse project converting a decommissioned naval complex into 294 affordable apartments and 30,000 square feet of ground-floor retail in New Orleans’ Bywater neighborhood. The development will anchor a larger rehabilitation of the Naval Support Activity complex, which has been vacant since 2011, and […]
NRP Group Completes Thrive on Crawford 67 Unit Mixed Income Health and Housing Community in Fort Worth
The NRP Group has completed Thrive on Crawford, a 67-unit mixed-income community in Fort Worth that integrates housing and health services. The majority of homes are reserved for families earning 30, 50 and 60 percent of Area Median Income, with seven market-rate units included. The development also includes 2,200 square feet of Class-A commercial space […]
Milestone Group Completes Acquisition of Legends at Laurel Canyon in Canton Georgia
Milestone Group has completed the acquisition of Legends at Laurel Canyon, a 266-unit, garden-style apartment community in Canton, Georgia. The purchase price was not disclosed. Canton sits in Cherokee County, a rapidly expanding North Atlanta suburb. Cherokee County has grown over 12% in the last five years and is expected to grow an additional 51% […]
Altus Equity Group Acquires Multifamily Portfolio in Lubbock Texas Reinforcing Cash Flow Focus
Altus Equity Group has completed the acquisition of a 279-unit multifamily portfolio in Lubbock, Texas, marking another active deployment of capital amid ongoing uncertainty across real estate capital markets. The off-market purchase reinforces the firm’s focus on cash-flowing assets with strong in-place performance and financing structures designed to provide flexibility across market cycles. “This acquisition […]