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 […]
Refuel EV Solutions Expands Its Offerings With Xeal and SWTCH Products
SCOTTSDALE, Ariz., July 7, 2022 — Refuel EV Solutions (REVS), a leading partner in the multifamily industry for providing and maintaining electric vehicle charging stations, has added Xeal and SWTCH Energy to their lineup to equip multifamily properties with EV charging stations. “Both have been selected because of their products and how they work for multifamily […]
Warwick Consolidates Mayfair Collection with Green Street Portfolio Addition
LONDON , June 29, 2022 — Warwick Investment Group has acquired two freehold buildings on Green Street to increase its footprint in Mayfair and further expand the size of its rental portfolio across Central London. This completes a very busy 12 months for the US private equity firm as they continue to consolidate unbroken freehold investment blocks across […]
Estrella at Kiest Affordable Housing Development by ZNE Capital and LeavenWealth closes on $3.0M Equity Investment from American South Fund Management
DALLAS, June 29, 2022 — Funding has closed on the acquisition/renovation of Estrella at Kiest, a 232-unit apartment community in Dallas, Texas. The $35.2M project will be owned and operated by ZNE Capital and LeavenWealth. This is the first multifamily investment in Dallas for American South Fund Management (ASFM), a partnership between SDS Capital Group and Vintage Realty Company. Post renovation, all 232 apartment units will […]
The Breeden Company Breaks Ground on $21 Million Expansion of The Village at Westlake Apartment Community in Richmond, Virginia
The Breeden Company Breaks Ground on $21 Million Expansion of The Village at Westlake Apartment Community in Richmond, Virginia VIRGINIA BEACH, VA – The Breeden Company, the nationally recognized Virginia Beach-based real estate development firm, announced today they have broken ground on a $21 million major expansion at The Village at Westlake Apartments in Richmond, […]