Wood Partners Breaks Ground on Nature Inspired Community in Aurora, Colorado: Alta Addison
AURORA, Colo., Jan. 24, 2023 — Wood Partners, a national leader in multifamily real estate development, announced today the groundbreaking of a new project in Aurora, Colorado under the working name Alta Addison. With construction currently underway, the community is set to start pre-leasing at the end of 2023 and open in early 2024. Located adjacent to E-470 at […]
Harbor Group International Acquires 932-Unit The Pavilions Apartment Community Located in Popular Hartford Submarket of Manchester
MANCHESTER, CT – Affiliates of Harbor Group International, a privately owned international real estate investment and management firm, announced the acquisition of The Pavilions, a 932-unit, garden-style multifamily community in Manchester, Conn., a Hartford suburb. The property was acquired through a joint venture partnership between HGI and Cammeby’s International Group. HGI and Cammeby’s will assume all loan obligations […]
CEP Multifamily’s Workforce Housing Fund Acquires 97-Unit Cascade Meadows Apartment Community in Burlington, Washington
BURLINGTON, WA – CEP Multifamily CEP) announced their acquisition of Cascade Meadows, a 97-unit apartment community in Burlington, WA. Cascade Meadows is the third acquisition for CEP’s Workforce Housing Fund, a core-plus multifamily investment fund launched in early 2022 by the vertically integrated Everett-based firm. This acquisition grows CEP’s existing portfolio to 1,509 ;units. The acquisition […]
ECI Group Announces Disposition of 204-Unit The Columns at Timothy Woods Apartment Community Located in Athens, Georgia
ATLANTA, GA – ECI Group (ECI) announced the sale of The Columns at Timothy Woods apartments at 2035 Timothy Road in Athens, GA to Fogelman Properties. The 204-unit, 1996-vintage community was acquired by ECI in April 2019. ECI upgraded the unit interiors and improved and modernized the community’s amenities during its ownership period. The sales price […]
MG Properties Completes $184.6 Million Acquisition of 379-Unit Luxury Apartment Community in San Diego Submarket
SAN DIEGO, CA – MG Properties, a private San Diego-based real estate investor, owner, and operator purchased the multifamily community Domain San Diego in a joint venture with Rockwood Capital. Domain San Diego is a 379-unit community that offers renovated studio, 1 & 2 bedroom apartments, competitive community amenities, and easy access to the 163 […]
The CONAM Group Acquires 247-Unit Rockledge Flats Luxury Apartment Community in Florida’s Thriving Space Coast Market
ROCKLEDGE, FL – CONAM Multifamily Partners Fund III, a discretionary fund sponsored by The CONAM Group, announced the purchase of Rockledge Flats, a Class A, 247-unit multi-family apartment community near Florida’s Space Coast in Rockledge, Florida. Completed in late 2021, the 10-acre luxury apartment community consists primarily of two four-story elevator-served structures housing 247 units. […]
Affirmed Housing Opens New Affordable and Supportive Housing Development in East San Jose’s Revitalizing Mayfair Neighborhood
SAN JOSE, CA – Affirmed Housing, a leading provider of affordable housing throughout California, announced the opening of Vela, a mixed-use, affordable and supportive housing development serving individuals and families located in the Mayfair neighborhood in East San Jose. A ceremony was held to commemorate the project’s grand opening and included special guests San Jose […]
BAM Capital Completes Acquisition of 160-Unit Gateway Crossing Apartment Community Located in Indianapolis, Indiana
INDIANAPOLIS, IN – BAM Capital, a multifamily syndication company based in Indianapolis, IN, announced its most recent acquisition for the BAM Multifamily Growth & Income Fund III: Gateway Crossing. Gateway Crossing is a 160-unit institutional quality, garden-style apartment community that was developed in 2004. It is located in Indianapolis, IN, and situated near major economic […]
Gray Capital Completes Over $340 Million Transaction Volume in 2022 During Year of Growth
INDIANAPOLIS, Jan. 3, 2023 — Gray Capital’s accomplishments throughout 2022 included the launch of its $100 million multifamily investment fund, The Gray Fund, the acquisition of several large apartment properties, recapitalization and refinancing of existing assets, notable sales that brought investments full cycle, the formation of property management company Gray Residential, and a growing team at Gray Capital, […]
Security Properties Acquires Brightleaf at Lakeline in Austin, TX
AUSTIN, Texas, Dec. 27, 2022 — On December 22, 2022, Security Properties purchased Brightleaf at Lakeline, a Class-A multifamily property located in Austin, TX in an off-market transaction. Security Properties now owns 112 assets totaling approximately 23,000 units across its portfolio, including one other 204-unit, market-rate property in Austin as they continue to grow in Texas. Brightleaf at Lakeline was completed in 2022 and […]