Capital Square Acquires Multifamily Community Near Washington, D.C. for DST Offering
WASHINGTON, Aug. 22, 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 Rivergate, a luxury 402-unit multifamily community in the Washington, D.C. suburb of Woodbridge, Virginia. The community was acquired on behalf of CS1031 Rivergate Apartments, DST. “I thought it could not get […]
Cove Capital Investments Purchases Highly Sought-After Net Lease Distribution Center for Debt-Free Delaware Statutory Trust Offering in Rochester, NY
LOS ANGELES, Aug. 19, 2022 /PRNewswire/ — Cove Capital Investments, LLC, a private equity real estate firm and DST sponsor company that specializes in providing accredited investors access to unlevered/debt-free investment options for their 1031 exchange and direct cash investments, announced it has completed the acquisition of a 100% occupied logistics/distribution facility in the Rochester, NY area. The new […]
Argyle Real Estate Partners and Sembler Investments Form Partnership to Acquire $1.5B in Multifamily Real Estate
TAMPA, Fla., Aug. 23, 2022 /PRNewswire/ — Argyle Real Estate Partners and Sembler Investments have partnered together to form a new multifamily focused investment venture. The Partnership plans to acquire over $1.5 billion of apartments in the Southeast and Texas during the next 2-3 years. Argyle Real Estate Partners, led by industry veteran Ryan Reyes, will target core-plus and value add opportunities […]
JBM® Exclusively Lists Longitude 82 Apartments in Sarasota
ST. PETERSBURG, Fla., Aug. 30, 2022 /PRNewswire/ — Passco Companies has exclusively listed with JBM® as Advisor/Broker Longitude 82 Apartments in Sarasota. This 360-unit, Class A, garden-style property was built in 2017 and features a diverse unit mix of studios, one, two, and three-bedroom floorplans averaging 971 square feet. The Property offers a low-density site plan of just […]
Lion Real Estate Group Closes LREG Multifamily Fund II with Over $200 Million in Commitments
LREG Multifamily Fund II, LP Will Continue Lion’s Strategy of Investing in Value-Add Multifamily Assets Throughout the Sunbelt 60% of New Fund’s Capital Already Allocated DALLAS, Aug. 25, 2022 /PRNewswire/ — Lion Real Estate Group, LLC (“LREG”), a real estate investment and asset management firm focused on acquiring value-add and opportunistic multifamily properties, today announced the closing […]
Cantor Fitzgerald and BH Acquire Multifamily Asset in Lenexa, Kansas
NEW YORK, Aug. 23, 2022 /PRNewswire/ — A joint venture between affiliates of Cantor Fitzgerald, L.P. (“Cantor Fitzgerald”) and BH Companies, Inc. (“BH”), acquired a 309-unit multifamily property known as West End at City Center (the “Property”) in Lenexa, a submarket of Kansas City, Kansas. The acquisition closed on August 9, 2022, and is the seventh multifamily acquisition by joint […]
Cottonwood Group Partners with Texsun Holdings on Second Multifamily Portfolio Acquisition in Texas
Deal further cements Cottonwood’s rapid growth in the multifamily sector FORT WORTH, Texas, Aug. 23, 2022 /PRNewswire/ — Cottonwood Group (“Cottonwood”), a private equity real estate investment firm, is pleased to announce that it has acquired a 480-unit multifamily portfolio (the “Portfolio”) in Fort Worth, Texas with Dallas-based Texsun Holdings (“Texsun”). The Portfolio consists of the Woodstone Apartments, located at 6051 Bridge […]
Birchstone Residential Hires Melanie Stiles as Vice President of Marketing
Veteran Multifamily Marketer Brings Experience and Passion for Innovation to Growing Apartment Operator COPPELL, Texas, Aug. 16, 2022 /PRNewswire/ — Birchstone Residential, a culture-based property management company focused on creating great places to live, today announced the addition of Melanie Stiles as vice president of marketing. The hiring marks an integral moment in Birchstone’s continued growth and emergence as a premier […]
Hamilton Zanze Sells 9th Multifamily Community in Las Vegas
LAS VEGAS, Aug. 16, 2022 /PRNewswire/ — San Francisco-based real estate investment firm Hamilton Zanze is pleased to announce the sale of Alicante Apartments in the desirable Las Vegas-Paradise submarket of Las Vegas, Nevada. The firm purchased the Class B+ community in February 2017 and the sale closed on July 19, 2022. During their ownership, Hamilton Zanze completed many successful renovations focused on making the […]
Genesis and CredHub launch partnership to help the Multifamily Industry with collections
The combination of rental credit reporting and debt collection services provide a powerful way for Property Managers to lower payment delinquency. SPOKANE, Wash., Aug. 16, 2022 — Columbia Debt Recovery (dba Genesis) and CredHub announce collaboration to increase ease of access for the nations’ Multi-Family Providers when it comes to submitting tenant payments, or missed payments […]