Hamilton Zanze Sells Multifamily Community in Boise Metro
BOISE, Idaho, Oct. 27, 2022 /PRNewswire/ — San Francisco-based real estate investment firmH Hamilton Zanze is pleased to announce the sale of Selway Apartments in Meridian, Idaho. The firm purchased the property in 2013 and the sale closed on October 14, 2022. The sale of Selway Apartments represents the firm’s ninth disposition of 2022. “Selway was right down the fairway for […]
Security Properties Acquires 624 Yale in Seattle, WA
SEATTLE, Oct. 26, 2022 /PRNewswire/ — On October 21, 2022, a joint venture between Security Properties and STARS REI purchased 624 Yale, a trophy type-one midrise style multifamily property located in Seattle’s South Lake Union neighborhood for $104,000,000. This will be the second asset for this partnership, following the acquisition of Augusta Apartments in the University of Washington’s University District back in 2019. Security Properties now owns […]
Belpointe PREP, LLC Acquires New Opportunity Zone Property in Storrs, Connecticut
GREENWICH, Conn., Oct. 25, 2022 /PRNewswire/ — Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ” or the “Company”), a publicly traded qualified opportunity fund, announced today that it has completed the acquisition of 1750 Storrs Road, Storrs, Connecticut (“1750 Storrs”). 1750 Storrs is a 19-acre development site located near the University of Connecticut in Storrs (“UCONN”), where the Company anticipates building a […]
Oxford Properties Expands its San Diego Life Science Presence with Purchase and Lease Back of Ionis Campus
SAN DIEGO, Oct. 24, 2022 /PRNewswire/ – Oxford Properties Group (“Oxford”), a leading global real estate investor, asset manager and business builder today announced the purchase and long-term lease back of Ionis Pharmaceuticals’ (“Ionis”) 18.4-acre life science campus and corporate headquarters. Located in the established San Diego life science submarket of Carlsbad, the campus features approximately 250,000 square feet of […]
Wood Partners and PGIM Real Estate Break Ground on New Residential Community in one of Raleigh’s Fastest Growing Areas
RALEIGH, N.C., Oct. 17, 2022 /PRNewswire/ — Wood Partners, a national leader in multifamily real estate development, and PGIM Real Estate, the real estate investment and financing arm of PGIM, today announced groundbreaking of the partnership’s residential community—Alta Town Center—located in Raleigh, North Carolina. With construction currently underway, the community is scheduled to officially open in fall 2023 […]
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 […]
Multifamily Leadership Announces Finalists for the 2023 Best Places to Work Multifamily®
Scottsdale, AZ (October 21, 2022) – The national finalists for the official Best Places to Work Multifamily® will be honored during the upcoming Multifamily Innovation® Summit on December 7-8, 2022 in Phoenix, Arizona. At the Summit, each company will learn how they ranked nationally amongst the other participants and will be recognized on stage for […]
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 […]
Vista Residential Partners Announces Groundbreaking on 36 Acres for Development of 279-Unit Creekview Vista in LaGrange, GA
LAGRANGE, Ga., Oct. 19, 2022 /PRNewswire/ — Vista Residential Partners, a national multifamily development firm, has broken ground on 36 acres on Hamilton Road in LaGrange, Georgia, for the development of Creekview Vista, a 279-unit multifamily development. A joint venture between Batson Cook Development Company and Blue Vista Management, provided the equity. Situated on Highway 27, Creekview Vista […]
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 […]