Olympus Property Acquires 203-Unit Class A Property in Desirable Savannah Submarket
FORT WORTH, Texas, April 20, 2023 — Olympus Property is pleased to announce the acquisition of Capital Crest at Godley Station, a 203-unit asset located in Savannah, GA. Olympus is excited to expand its holdings in the market, where it has owned and operated apartments for over a decade. The company continues to grow its presence in the […]
Hamilton Zanze Sells Multifamily Community in Dallas Metro
DALLAS, April 20, 2023 — San Francisco-based real estate investment firm Hamilton Zanze is pleased to announce the sale of 4000 Hulen Apartments in Fort Worth, Texas. The firm purchased the property in 2017 and the sale closed on April 18, 2023. The sale of 4000 Hulen Apartments represents the firms fourth disposition of 2023. “The Dallas/Fort Worth metro continues to thrive with […]
District of Columbia Housing Finance Agency Provides Financing for Construction of 86 New Affordable Apartments in Garfield Heights
WASHINGTON, DC – The District of Columbia Housing Finance Agency (DCHFA) has issued $23.1 million in tax exempt bonds for the construction of Alabama Avenue Apartments in Ward 8. The Agency underwrote $22 million in federal and local Low Income Housing Tax Credit equity for the development of this 100 percent affordable community. “As construction […]
The Cordish Companies Celebrates Topping Out of $140 Million Three Light Luxury Apartments in Kansas City Power & Light District
KANSAS CITY, MO – As it nears completion, Three Light Luxury Apartments in the Power & Light District celebrated the pouring of the building’s last column with a ceremonial Topping Out event held near the project site in the heart of downtown Kansas City. Executives from The Cordish Companies and the Power & Light District […]
Olympus Property Acquires Third Multifamily Community in Fayetteville with 252-Unit King’s Quarter at Jack Britt Garden Style Apartments
FAYETTEVILLE, NC – Olympus Property announced the acquisition of King’s Quarter at Jack Britt in Fayetteville, North Carolina. Established in 1992 with a steadfast vision of becoming an industry leader, Olympus Property boasts a wealth of experience and a hands-on approach throughout the investment process. The company continues to grow its presence in the multifamily […]
Toll Brothers Apartment Living and Harris Realty Announce Joint Venture to Develop 393-Unit Luxury Rental Community in Norwalk
NORWALK, CT – Toll Brothers, the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living rental division, and Harris Realty Company have announced a new joint venture to develop Piper, a six-story, 393-unit multifamily rental community in Norwalk, Conn. The project is being financed through a $136 million construction loan facility from […]
MG Properties Expands Colorado Presence with $67.15M Castle Rock Multifamily Acquisition
SAN DIEGO, April 14, 2023 — MG Properties, a private San Diego-based real estate investor, owner, and operator, is further expanding its presence in Colorado, today announcing the acquisition of Ridge at Castle Rock Apartments. Formerly known as Springs at Castle Rock, MG Properties purchased the property from Continental Properties for $67,150,000. Offering one, two, and three bedroom apartments and […]
Wood Partners Enters Next Phase of Project with Groundbreaking of 270-Unit The Quill by Alta Apartment Community in Baltimore
BALTIMORE, MD – National multifamily real estate development leader Wood Partners announced the official groundbreaking of its newest luxury property, The Quill by Alta, in South Baltimore’s Federal Hill district. The forthcoming community serves as phase two of the already successful Alta Federal Hill project, which Wood Partners debuted in October 2021. With construction on […]
Mission Rock Residential Selected to Manage Phoenix Apartments
PHOENIX, April 11, 2023 — Mission Rock Residential, a national property management company, recently acquired a new management deal for the Ironwood at Happy Valley apartment community, formerly known as Springs at Deer Valley, in Phoenix, AZ. Mission Rock Residential was chosen by the property’s new owners, Hamilton Zanze Real Estate Investments, to provide management services. “The apartment homes at this community are […]
Mortenson and Pinnacle Partners Break Ground on Revival on Platte, a First-of-its-Kind Full Spectrum Advanced Prefabrication Multifamily Community in Denver
Opportunity Zone project will utilize Mortenson’s full develop/design/fabricate/build capabilities for 200-unit, eight-story community DENVER, April 10, 2023 — Mortenson, a top-20 U.S. builder, developer, and engineering services provider with four decades of experience in Colorado, alongside joint venture partner Pinnacle Partners, celebrated the groundbreaking of Revival on Platte in Denver’s Sun Valley neighborhood, a first-of-its-kind multifamily project that will showcase the […]