The Bascom Group Acquires a 230-Unit Class A, Active Adult Apartment Community in West Denver
IRVINE, Calif., March 1, 2023 /PRNewswire/ — The Bascom Group, LLC (“Bascom”) in partnership with Artemis Real Estate Partners (“Artemis”) has acquired Avenida Lakewood, a 230-unit Active Adult (55+) apartment community located at 11001 West 15th Place in Lakewood, Colorado. The Class A property marks Bascom’s 36th multifamily acquisition in Colorado. Ryan Maconachy and Courtney Crowder at Newmark brokered the transaction. Brian Eisendrath, Cameron Chalfant, Jesse Zarouk, and Jake […]
Gray Capital Acquires 154-Unit Apartment Property Echo Park, the Fourth Asset in $100M Multifamily Fund
INDIANAPOLIS, Feb. 23, 2023 — Real estate private equity firm Gray Capital has closed on their acquisition of Echo Park Apartments, a 154-unit luxury multifamily apartment community located in Bloomington, IN. Gray Capital’s business plan includes a core-plus strategy to improve onsite management and significantly reduce expenses through efficiencies with other Bloomington multifamily assets. Gray Capital’s property management company, […]
ITEX UNVEILS “THE ARONSON” A CINEMA-INSPIRED MIXED-USE DEVELOPMENT IN NW ARKANSAS
“A Real Blockbuster of a Neighborhood” to feature 214 rental homes; anchored by Alamo Drafthouse Cinema + Drive-In FAYETTEVILLE, Ark., Feb. 22, 2023 — Premiering in 2024, The Aronson, a much-buzzed-about multifamily, entertainment and retail destination will throw open its doors to Fayetteville and Northwest Arkansas. Starring over two hundred of the regions’ most desirable rental homes, this unique mixed use […]
Creating a Successful Leadership Structure Through Identifying Key Performance Metrics
Join property management expert Ernest F. Oriente of PowerHour® and multifamily technology innovator Kerry W. Kirby, CEO of 365 Connect, for a FREE MultifamilyBiz.com + PowerHour LIVE Digital Media Webcast. Launching on February 22, 2023 at 3:00 p.m. Eastern Standard Time, this LIVE fast-paced 60-minute FREE Webcast, focuses on the increasing team performance and identifying […]
CMCT Executes Strategy to Grow Multifamily Portfolio with Acquisition of Three Apartment Communities Totaling 696-Units in California
DALLAS, TX – CMCT announced that it is expanding its multifamily portfolio with the planned addition of 696 apartment units across three assets. The acquisitions advance CMCT’s strategy to focus the portfolio on highly amenitized premier multifamily and creative office assets in dynamic, high barrier to entry markets. CMCT intends to acquire an interest in […]
Orion Real Estate Partners Closes Third Utah Acquisition with 144-Unit Lakeside Village Active Adult Community in Salt Lake City
SALT LAKE CITY, UT – Los Angeles-based Orion Real Estate Partners announced that it has acquired Lakeside Village, an active adult multifamily community in Salt Lake City, Utah. Lakeside Village enjoys picturesque views of the Wasatch Mountains and sits on a 7.7-acre site with desirable amenities including a clubhouse, community pond, resident garden and outdoor […]