Avanta Hires Matthew Lynch as Director of Development for Florida
BOCA RATON, Fla., Nov. 8, 2022 /PRNewswire/ — Avanta Residential announced today that Matthew Lynch has been hired as Director of Development for Florida. In his role Mr. Lynch is responsible for sourcing and developing institutional quality rental neighborhoods throughout the state, including site selection, contract negotiations, overall relationship management, due diligence, and design. Matthew has over 12 years […]
Oldham Goodwin Capital makes Record Breaking Sale of Long-underutilized Westinghouse Building Project
COLLEGE STATION, Texas, Nov. 7, 2022 /PRNewswire/ — Dallas-based Big Sky Medical is the new owner of the Westinghouse Building at Providence Park. Oldham Goodwin Capital, the real estate private equity investment and development arm of Oldham Goodwin, acquired the 175,752 square-foot facility, which anchors the 52-acre College Station research and life science campus, in 2016. The facility had been barely […]
Madison Communities breaks ground on Madison Ashley Park in Charlotte, NC.
CHARLOTTE, N.C., Nov. 7, 2022 /PRNewswire/ — Madison Communities, an affiliate of Madison Capital Group, has recently broken ground on 288 units located in the West Charlotte Submarket at the corner of Wilkinson and West Morehead in Charlotte. Construction commenced in September. Madison Ashley Park will feature 253 units incorporated into a four-story building. Project amenities will include luxury […]
Safehold Closes $31.0 Million Ground Lease, Sixth Transaction in Denver, Colorado
NEW YORK, Nov. 7, 2022 /PRNewswire/ — Safehold, Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, has closed on a $31.0 million ground lease to facilitate the ground-up development of Wilder, a 196-unit multifamily project approximately two miles west of Downtown Denver. The Qualified Opportunity Zone project will be developed by The Max Collaborative, an Ohio based firm […]
Insight Property Group Acquires Colvin Woods Apartments in Reston, VA
WASHINGTON, Nov. 2, 2022 /PRNewswire/ — Insight Property Group, with partner AHC Inc, has announced its acquisition of Colvin Woods Apartments, a 259-unit community on Becontree Lake Drive in Reston, VA. The community will be re-branded as Haven Reston and, in partnership with Fairfax County Redevelopment and Housing Authority, the venture will preserve all 259 units for households earning between 60% and 80% of […]
Servio Capital announces $40M acquisition of New Orleans’ California Building
NEW ORLEANS, Nov. 3, 2022 /PRNewswire/ — Servio Capital, a diversified real estate investment company with a management team of over 30 years of combined experience and innovation in the multifamily sector, is pleased to announce the $40M acquisition of New Orleans’ California Building, one of the oldest standing international style buildings in the city. This marks Servio Capital’s […]
Embrey Acquires Second Apartment Community in the Greater San Antonio Area
SAN ANTONIO , Nov. 2, 2022 /PRNewswire/ — A 252-unit multifamily property, Gardens at West in San Antonio, Texas, has been acquired by Embrey, a diversified real estate investment company. The property, built in 1995, will be rebranded to The Hayden on West Ave. The company’s nationally recognized and award-winning Embrey Management Services will take over property management. The […]
LandSouth Breaks Ground on Causeway Apartments
JACKSONVILLE, Fla., Oct. 27, 2022 /PRNewswire/ — LandSouth Construction, a Jacksonville, Fla.-based, award-winning general contractor, has broken ground on Causeway Apartments, an upscale multifamily development in Land O’Lakes, FL. Causeway Apartments is scheduled for completion in early Fall 2024 and will be located on Land O’Lakes Boulevard. “LandSouth is excited to bring Causeway Apartments to life,” shared James Pyle, LandSouth President and […]
NNG Capital Acquires $9.2M Apartment Complex In GA
DLC, Oct. 27, 2022 /PRNewswire/ — NNG Capital Fund has announced the closing of the acquisition of a 120-unit multifamily property “The Summit Apartments” in Macon, GA for over $9M. The 15-building apartment complex acquisition recently completed by NNG Capital Fund expands its footprint into new markets, as the company builds up on recession resilient and income producing assets in its […]
Lerner Acquires Parc at Gatlin Commons in Port St. Lucie, Florida
ROCKVILLE, Md., Oct. 31, 2022 /PRNewswire/ — Lerner Enterprises of Rockville, Maryland has acquired Lerner Parc at Gatlin Commons, previously Parc at Gatlin Commons, located in Port St. Lucie, Florida. This class-A multifamily garden community is comprised of 200 apartments and 5,935 square feet of luxurious amenity space in Port St. Lucie, Florida. The building spans a total of 201,000 residential square […]