Forum investment Group & Brookhaven Capital Partners Acquire Land in Denver for Future Multifamily Development
Project to Feature 300 Apartment Units on a 2.6-Acre Site Located in the Heart of Denver. DENVER, Aug. 3, 2022 — Forum Investment Group (“Forum”), a Denver-based real estate development and investment firm, along with development partner, Brookhaven Capital Partners (“Brookhaven”), announced today the purchase of a marquee, 2.6-acre site at the southwest corner of Colorado Boulevard and I-25, with plans to […]
Embrey Closes Sale of Fort Worth, Texas Multifamily Community The Elm at River Park
FORT WORTH, Texas, Aug. 1, 2022 — The Elm at River Park, a 293-unit multifamily community in desirable southwest Fort Worth, has been sold by Embrey. The purchase was made by TA Realty. Nationally recognized Embrey Management Services will continue to manage the community. “It has been a pleasure to develop and build this beautiful community,” said John […]
Pegasus Residential Announces New Vice President of Operations, Ed Buckley
ALPHARETTA, Ga., Aug. 1, 2022 — Pegasus Residential is proud to announce that Ed Buckley, CAPS, has joined Pegasus as Vice President of Operations. Ed began his multifamily career in 1998 with Equity Residential and has overseen the performance of lease-ups, stabilized and mixed-use apartment communities as well as LIHTC properties throughout the southeast and mid-Atlantic. Ed […]
Goodegg Investments and Break of Day Capital Acquire 248-Unit Apartment Community in Tucson, Arizona
TUCSON, Ariz., July 29, 2022 — Leading commercial real estate firms Goodegg Investments and Break of Day Capital are pleased to announce the joint acquisition of Mission Antigua – a 248-unit class-B+ apartment community located in Tucson, Arizona. The teams are led by Julie Lam and Annie Dickerson at Goodegg Investments, and Gary Lipsky at Break of Day Capital. “We are delighted to add Mission Antigua to […]
Olympus Property Acquires New 192-Unit Class A Multifamily Community in Raeford, North Carolina
FORT WORTH, Texas, July 29, 2022 — Olympus Property is pleased to announce the successful acquisition of Stone Gables, a 192-unit garden-style apartment community in Raeford, North Carolina, just outside of Fayetteville. The property is strategically located in close proximity to some of the region’s most notable employers such as Fort Bragg, one of the largest military bases in the […]
Pegasus Residential Promotes Yakov Belousov to COO
ALPHARETTA, Ga., July 27, 2022 — Pegasus Residential is proud to announce the promotion of Yakov Belousov to the role of Chief Operating Officer. Yakov has served as Pegasus’ Executive Director of Operations since 2021. A fixture of the Pegasus team since 2009, Yakov has been instrumental in the company’s rapid growth, especially during the implementation of “Pegasus […]
Mission Rock Residential Signs Deal to Manage Texas Apartments
HOUSTON, July 14, 2022 — Mission Rock Residential, a Denver-based multifamily property management company, is pleased to announce a new management contract for The Park at Waterford Harbor apartment community located in Kemah, Texas. This 200-unit community will be their eighth property management contract in Texas. Hamilton Zanze Real Estate Investments, a Bay-area based multifamily real estate investor, issued the agreement. “This […]
Hamilton Zanze Acquires Property in Odenton
BALTIMORE, July 18, 2022 — San Francisco-based real estate investment firm Hamilton Zanze is excited to announce the purchase of Echelon at Odenton Apartments, our 14th acquisition in the state of Maryland. The firm closed the deal on this Class-A property on June 28, 2022. The Echelon at Odenton property is a garden-style community built in 2016 on 6.6 acres. The property was 97% […]
Walker & Dunlop Structures co-GP Venture for Build-for-Rent Development Portfolio
BETHESDA, Md., July 21, 2022 — Walker & Dunlop, Inc. announced today that it structured a programmatic joint venture partnership for Perch, a portfolio of build-for-rent (BFR) housing developments. Walker & Dunlop’s team, led by Heather McClure, advised its client, Good + West, in identifying a co-general partner that will provide both funds and support as they execute this business […]
Mag Mile Capital Announces $21.3 Million Loan Closing for the New Construction and Development of Multifamily Apartments in Chaska, MN.
MINNEAPOLIS, July 21, 2022 — Mag Mile Capital proudly announced that Cody Harper, VP of Originations, and Matt Weilgus, SVP and Head of Originations have closed a $21.3 million, ten-year, construction-to-permanent loan to build Clover Ridge Apartments, a four-story, 122-unit apartment building above one subterranean parking garage level located west of Clover Ridge Drive, south of Pioneer Trail, and northly adjacent […]