CIVITAS CAPITAL GROUP CLOSES 287-UNIT MULTIFAMILY ACQUISITION IN GREATER HOUSTON
Built in 2022, Cypresswood Apartments highlights firm’s growth strategy SPRING, Texas, Dec. 12, 2022 — Civitas Capital Group, a Dallas-based alternative investment manager specializing in niche opportunities in U.S. real estate, has acquired Cypresswood Apartments, a three-story, 287-unit garden-style apartment community in the highly attractive Greater Houston (Texas) market. “It’s a recent build, garden-style property with high-quality new construction in a […]
Eastern Union Secures $78,575,000 Loan to Refinance 12-Property, 1,017-Unit Multifamily Portfolio in New Jersey and the Bronx
Alex Jaffa Delivers Financing at a Fixed 4.25-Percent Interest Rate Over A Ten-Year Term NEW YORK, Dec. 12, 2022 — Alex Jaffa, a senior loan consultant with Eastern Union, has arranged a $78,575,000 loan to refinance a 1,017-unit portfolio of twelve multifamily properties consisting of eleven sites across nine New Jersey localities, along with one property in the Bronx. Eastern Union is […]
National Best Places to Work Multifamily®: 2023 Official Ranking Announced
Multifamily Leadership has announced the official ranking for the National Best Places to Work Multifamily® for 2023 SCOTTSDALE, Ariz., Dec. 9, 2022 — Multifamily Leadership announced the official ranking for the 2023 Best Places to Work Multifamily® Program. Listmakers found out how they ranked at the Multifamily Innovation® Summit in Phoenix, AZ featuring the Multifamily Innovation® Showcase, remarks from top […]
Kasa Living, Inc. Partners with New York-based Delshah Capital to Open Second Property in Manhattan
20 new Kasas arrive in the coveted Lower East Side neighborhood NEW YORK, Dec. 6, 2022 — Kasa Living, Inc., a tech-enhanced, flexible accommodations brand and operator, will soon welcome a new property to its portfolio. Kasa Lantern LES opens December 12, 2022. New York-based Delshah Capital owns the property, which it acquired in February 2021. Situated in the heart of Manhattan’s Lower East […]
Vista Residential Partners Names Chief Investment Officer and New Regional Partner
ATLANTA, Dec. 2, 2022 — Vista Residential Partners, the national multifamily development company, has appointed a new Chief Investment Officer and Regional Partner to its expanding leadership team. Michael Neyhart, former Regional Partner – Managing Director, has been promoted to Chief Investment Officer. In his new role, Neyhart will work with Vista’s CEO in analyzing and […]
Aventon Companies Continues Expansion into Georgia with Second Luxury Apartment Community in Savannah
Aventon Victory will be a 280-Unit, Four-Story Development Situated Along Victory Drive in Midtown SAVANNAH, Ga., Dec. 1, 2022 — Aventon Companies, a prominent, vertically integrated multifamily developer with active projects throughout the Mid-Atlantic and Southeast, announces its newest project, Aventon Victory in Savannah, Georgia. The community will be a 280-unit, four-story, Class-A development, located near the intersection […]
Northwood Investors Acquires Nashville’s Fifth + Broadway
Acquisition Marks Firm’s Fifth Asset in the Nashville Market NASHVILLE, Tenn., Nov. 22, 2022 /PRNewswire/ — Global real estate investment firm Northwood Investors LLC announced today its acquisition of Fifth + Broadway, a newly developed 6.2-acre mixed-use, open-air center. The property was developed and operated by Brookfield Properties, which completed construction in 2021. Northwood has purchased the property in its entirety, including its […]
Landmark Properties to Develop Third Project in Berkeley, California
High-rise project will cater to area faculty, staff, and students ATHENS, Ga., Nov. 23, 2022 /PRNewswire/ — Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, announces its third project in the Berkeley, California market. Landmark’s proposed project will be located at 2190 Shattuck Avenue just steps from campus […]
Embrey Closes on Second Land Purchase in Charlotte, North Carolina
CHARLOTTE, N.C., Nov. 18, 2022 /PRNewswire/ — Embrey has closed on the land purchase for Finley, a 343-unit multifamily community project in Charlotte, North Carolina. The project is Embrey’s second in the Charlotte market and is in the vibrant University City submarket. The location offers future residents close access to the city center, shopping, leisure activities and to the University of […]
Century Living Announces 300-Unit Apartment Project in Parker, CO
Compark Apartments to offer garden-style units & desirable amenities in prime location GREENWOOD VILLAGE, Colo., Nov. 17, 2022 /PRNewswire/ — Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online sales, announced that Century Living—the Company’s national multifamily and build-to-rent division—has broken ground on a 300-unit apartment project in Parker within the Compark Business Campus. […]