RADCO Residential Property Management Platform Tops 5,200 Units for Third Party Investors and Owned Properties
ATLANTA, April 10, 2023 — The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced their RADCO Residential management services platform is now managing over 5,200 residential apartments, comprised of properties for third-party owners as well as multiple assets within RADCO’s own portfolio. Led by COO Mike Brewer, RADCO Residential manages its own and client […]
BLVD Breaks Ground on Redevelopment of Affordable Waterfront Apartment Complex
NEWPORT NEWS, Va., April 4, 2023 — The BLVD Group (“BLVD”), is proud to announce the acquisition and renovation of Aqua Vista Apartments, a 150-unit affordable housing community located in Newport News, Virginia. Originally constructed in 1970, Aqua Vista is one of the most unique affordable housing properties in the country due to its waterfront location with […]
HOMMA Group Partners with Mitsubishi Corporation’s subsidiary, Diamond Realty Investments, to Create Ubiquitous Smart Homes with Built-in Intelligent Features for a Better and More Holistic Living Experience
Initial project will include 30 select units inside the Willamette Tower Development currently under construction in Portland, Oregon PALO ALTO, Calif., April 4, 2023 — HOMMA Group, Inc. (HOMMA), a hybridized technology developer, designer and builder of turnkey smart homes, today announced a partnership with Mitsubishi Corporation’s real estate investment subsidiary, Diamond Realty Investments, Inc. (DRI). HOMMA develops proprietary technology for […]
VF Developments Completes Renovations and Begins Lease-Up on 2000s Built Modern Style Multifamily Community in the Chinatown area of Los Angeles, California
LOS ANGELES, March 27, 2023 /PRNewswire/ — VF Developments, LLC, a minority and female owned and run company, has reintroduced “920 Everett” a 2000s built modern style six-unit multifamily community property to the highly desirable Victor Heights neighborhood in Los Angeles, California after completing major renovations. Victor Heights is a hillside area north of the city of Los Angeles and near Chinatown […]
The District of Columbia Housing Finance Agency Commits to Preserving Affordable Housing at 202-Unit The Villages of East River
WASHINGTON, DC – The District of Columbia Housing Finance Agency (DCHFA) has financed the rehabilitation of 202 affordable apartments at scattered sites across Wards 7 and 8. DCHFA issued $43.1 million in tax exempt bonds for the acquisition and rehabilitation of this 16-building community formerly known as WDC 1 which spans Anacostia, Marshall Heights and […]
Thompson Thrift Completes Disposition of Newly Built 320-Unit The Grove Apartment Community in Grand Rapids, Michigan
GRAND RAPIDS, MI – Thompson Thrift, a full-service nationally recognized real estate company, announced the sale of The Grove, a 320-unit Class A multifamily community in Grand Rapids. A private real estate investment firm purchased the community for an undisclosed amount. “Our team at Thompson Thrift is proud to have developed a top-notch community where […]
OXFORD CAPITAL GROUP, LLC, HUNTER PASTEUR, AND THE FORBES COMPANY ANNOUNCE TOPPING OFF FOR NEW PERENNIAL CORKTOWN APARTMENT BUILDING & TOWNHOMES AND FIRST RETAIL LEASE SIGNING
Set to open in November, the housing, parking, and retail development starts pre-leasing for apartments and townhomes this Spring DETROIT, March 20, 2023 — The partnership of Oxford Capital Group, LLC, Hunter Pasteur, and The Forbes Company announces the topping off of the multi-family project, Perennial Corktown in Detroit, Michigan. The community will begin pre-leasing apartment units in Spring 2023. The project includes the […]
Security Properties Closes its Sixth Co-GP Multifamily Real Estate Fund
SEATTLE, March 21, 2023 — Security Properties completed its final Capital Call for Security Properties Multifamily Fund VI (“Fund VI”), a $200 million moderately leveraged, geographically diversified private equity real estate fund that invested primarily in institutional joint ventures as the General Partner. The structure of these investments afforded Fund VI members an opportunity to participate in shared […]
Fairstead Announces $25 Million Renovation Plan for 324-Unit Coppertree Village Affordable Community in Acres Homes Neighborhood
HOUSTON, TX – Fairstead, Houston Mayor Sylvester Turner, City Council Member Tarsha Jackson, and partners announced a $25 million renovation at Coppertree Village Apartments, a fully affordable community located in the Acres Homes neighborhood of Houston, Texas. Fairstead – a purpose-driven vertically integrated real estate company – developed a comprehensive plan of improvements that will […]
Capital Square Acquires Newly Constructed Ashford Townes Build-for-Rent Townhome Community in Affluent Raleigh Submarket
RALEIGH, NC – Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Ashford Townes, a 74-unit newly constructed build-for-rent townhome community in the affluent Raleigh suburb of Fuquay-Varina, North Carolina. The community was acquired on behalf of CS1031 Ashford Townes […]