Newly Branded North Hill Apartments in Virginia Beach Unveils Upgrades to Provide Luxury Living Experience for Dog Lovers, Fitness Enthusiasts, Beach Devotees, Art Appreciators + More

VIRGINIA BEACH, Va., Oct. 18, 2022 /PRNewswire/ — North Hill Apartments in Virginia Beach is unveiling its multi-million-dollar improvements to both the property and the resident experience. The exciting upgrades will create standout shared amenity spaces indoors and out, as well as revamped two-bedroom apartment residences that embody elevated coastal living. Biking distance to the beach and just minutes […]

Capital Square Acquires Multifamily Community Near Huntsville for DST Offering

HUNTSVILLE, Ala., Oct. 20, 2022 /PRNewswire/ — Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today the acquisition of FarmHaus Apartments, a 324-unit Class A multifamily community located in the Huntsville suburb of Madison, Alabama. The community was acquired on behalf of CS1031 FarmHaus Apartments, DST, which seeks […]

Stoneweg U.S. LLC Acquires 178-Unit Apartment Community JRG Lofts in Cincinnati, OH; Expanding its Geographic Footprint in the Midwest

ST. PETERSBURG, Fla., Oct. 18, 2022 /PRNewswire/ — Stoneweg U.S. LLC (Stoneweg US) a real estate firm specializing in multifamily acquisitions and developments, today announced the acquisition of JRG Lofts, a 178-unit, mixed-use, apartment community in Mainstrasse Village, a national historic district in the Cincinnati, OH MSA.  The acquisition further expands the company’s geographic footprint in the Midwest, which accounts […]

Brazos Residential Closes Twelfth Transaction of 2022 with Acquisition of Two Property Portfolio in Southwest Fort Worth, Texas

DALLAS, Oct. 12, 2022 /PRNewswire/ — Brazos Residential, LLC, a Dallas-based real estate private equity firm specializing in multifamily investments, announces the acquisition of a two-property portfolio in Benbrook, TX, marking the firm’s twelfth transaction in 2022. 334-unit portfolio in one of the most affluent communities in the DFW metroplexTweet this The 334-unit portfolio consists of two 1980’s-built communities—Clear Fork Trail, […]

Aline Capital closes $71 million in deal volume in Greenville, SC for the month of September

GREENVILLE, S.C., Oct. 6, 2022 /PRNewswire/ — Aline Capital’s Capital Markets team is pleased to announce the closing of over $71mm in deal volume in their hometown of Greenville, SC for the month of September. The deals comprised of three transactions and included both debt and equity placement. Scott Williams, JD Lehman, Sammy Lortz, and Garett Todd of the Capital Markets Team all […]

FCP Acquires 297 – Unit Multifamily Apartment Community in Raleigh, NC for $48 Million

CHEVY CHASE, Md., Oct. 6, 2022 /PRNewswire/ — FCP® announces the $48.0 million acquisition of Grand Arbor Reserve, a 297-unit vintage apartment community at 2419 Wycliff Road, blocks from I-440 in Raleigh, NC. “Grand Arbor Reserve is a well-located asset that provides residents quality housing near job centers, retail amenities and transportation corridors,” said FCP’s Michael Errichetti. Grand Arbor Reserve offers residents convenient access […]

Cove Capital Investments, a Private Equity Real Estate Sponsor Specializing in Debt Free DSTs and Other Real Estate Investment Offerings, Announces Dennis Younes has Joined the Firm as Vice President of Multitenant Acquisitions

LOS ANGELES, Oct. 5, 2022 /PRNewswire/ — Cove Capital Investments, LLC., a private equity real estate sponsor specializing in debt-free Delaware Statutory Trusts and other investment offerings, today announced it has reinforced its acquisitions team by hiring Dennis Younes as Vice President of multitenant acquisitions for the California-based firm. As Vice President, Younes will lead Cove Capital’s multitenant acquisition efforts […]

Novak Brothers to Break Ground on Multifamily Project in Wolf Lakes Village

GEORGETOWN, Texas, Oct. 3, 2022 /PRNewswire/ — Novak Brothers Development announces breaking ground on a 12-acre parcel located inside of the new, master development Wolf Lakes Village in Georgetown, Texas. Construction begins this week on Rise510, a 301-unit, luxury, multifamily Novak community with completion expected summer of 2024. The development will feature first-class amenities on site, such as tuck-under private […]

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 […]

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 […]