SENTRAL ACQUIRES ALIGN RESIDENTIAL, MORE THAN DOUBLING MANAGEMENT FOOTPRINT ACROSS THE U.S.
Combined company will deliver best-in-class multifamily and hospitality management platform SAN FRANCISCO, Jan. 30, 2023 /PRNewswire/ — Sentral, the leading full-service management company offering any length of stay, today announced its acquisition of Align Residential, the dynamic national management firm specializing in innovative residential experiences. The acquisition expands the number of Sentral communities to 40, and the company’s network […]
Cadence Creek at Gosling Now Open, Celebrating with Grand Opening Event on Jan. 28
SPRING, Texas, Jan. 25, 2023 — Caldwell Communities is pleased to announce the grand opening of its newest active adult 55+ community Cadence Creek at Gosling in Spring, TX on Saturday Jan. 28 from 12 to 4 p.m. featuring light bites and festive activities with live entertainment, door prizes and more. “We are extremely excited to celebrate that the community is now open and […]
Olive Tree Affordable Housing Enters Into North Carolina Market with Acquisition of Multifamily Community in Wilmington
— The acquisition of the 429-unit, affordable community, The Life at Lakeside Villas, formerly known as Village at Greenfield Apartments, expands Olive Tree’s operations to 9 states and represents the firm’s first property in North Carolina — WILMINGTON, N.C., Jan. 26, 2023 /PRNewswire/ — Olive Tree Affordable Housing, the affordable housing affiliate of Olive Tree Holdings, a mission driven private investment company with a focus […]
Capital Square Acquires 396-Unit Parkland Apartment Community in Affluent Suburban Miami Market of Parkland, Florida
MIAMI, FL – Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Parkland Apartments, a 396-unit Class A multifamily community in the affluent Miami suburb of Parkland, Florida. The community was acquired on behalf of CS1031 Parkland Apartments, DST. “Parkland […]
The Martin Group Acquires 170-Unit Anton Edge and Alice House Apartment Communities in Sought-After Oakland Neighborhoods
OAKLAND, CA – The Martin Group and STARS REI announced the acquisition of two apartment properties located in Oakland, California. The partners closed on the acquisition of Anton Edge, a brand-new 91-unit luxury apartment complex located in the heart of Oakland’s Pill Hill neighborhood. The partners also closed on the recapitalization of Alice House, a […]
Harbor Group International Grows Miami Footprint with Acquisition of Newly Built 420-Unit Oak Enclave Miami Apartment Community
MIAMI, FL – Affiliates of Harbor Group International, a privately owned international real estate investment and management firm, announced the acquisition of Oak Enclave Miami, a newly developed, 420-unit, mid-rise multifamily community in Miami Gardens, Fla. The community adds to HGI’s growing Miami portfolio, marking the eighth property under HGI’s ownership in Miami-Dade County, comprising nearly […]
37th Parallel Properties Surpasses $1 Billion in Transactions, Adds to Houston Presence with 291-Unit Community Acquisition
RICHMOND, Va., Jan. 25, 2023 — 37th Parallel Properties (“37th Parallel”) today announced 2022 transaction volume of $300 million, bringing their historical transaction totals to 10,000 units representing over $1 billion in value. The firm’s most recent transaction was Grand Reserve, a 291-unit, 2013-built community in Katy, one of the strongest submarkets in Houston. The asset was acquired off-market by 37th Parallel on behalf […]
Wood Partners Breaks Ground on Nature Inspired Community in Aurora, Colorado: Alta Addison
AURORA, Colo., Jan. 24, 2023 — Wood Partners, a national leader in multifamily real estate development, announced today the groundbreaking of a new project in Aurora, Colorado under the working name Alta Addison. With construction currently underway, the community is set to start pre-leasing at the end of 2023 and open in early 2024. Located adjacent to E-470 at […]
Harbor Group International Acquires 932-Unit The Pavilions Apartment Community Located in Popular Hartford Submarket of Manchester
MANCHESTER, CT – Affiliates of Harbor Group International, a privately owned international real estate investment and management firm, announced the acquisition of The Pavilions, a 932-unit, garden-style multifamily community in Manchester, Conn., a Hartford suburb. The property was acquired through a joint venture partnership between HGI and Cammeby’s International Group. HGI and Cammeby’s will assume all loan obligations […]
CEP Multifamily’s Workforce Housing Fund Acquires 97-Unit Cascade Meadows Apartment Community in Burlington, Washington
BURLINGTON, WA – CEP Multifamily CEP) announced their acquisition of Cascade Meadows, a 97-unit apartment community in Burlington, WA. Cascade Meadows is the third acquisition for CEP’s Workforce Housing Fund, a core-plus multifamily investment fund launched in early 2022 by the vertically integrated Everett-based firm. This acquisition grows CEP’s existing portfolio to 1,509 ;units. The acquisition […]