Cove Capital Investments Purchases Highly Sought-After Net Lease Distribution Center for Debt-Free Delaware Statutory Trust Offering in Rochester, NY
LOS ANGELES, Aug. 19, 2022 /PRNewswire/ — Cove Capital Investments, LLC, a private equity real estate firm and DST sponsor company that specializes in providing accredited investors access to unlevered/debt-free investment options for their 1031 exchange and direct cash investments, announced it has completed the acquisition of a 100% occupied logistics/distribution facility in the Rochester, NY area. The new […]
Argyle Real Estate Partners and Sembler Investments Form Partnership to Acquire $1.5B in Multifamily Real Estate
TAMPA, Fla., Aug. 23, 2022 /PRNewswire/ — Argyle Real Estate Partners and Sembler Investments have partnered together to form a new multifamily focused investment venture. The Partnership plans to acquire over $1.5 billion of apartments in the Southeast and Texas during the next 2-3 years. Argyle Real Estate Partners, led by industry veteran Ryan Reyes, will target core-plus and value add opportunities […]
JBM® Exclusively Lists Longitude 82 Apartments in Sarasota
ST. PETERSBURG, Fla., Aug. 30, 2022 /PRNewswire/ — Passco Companies has exclusively listed with JBM® as Advisor/Broker Longitude 82 Apartments in Sarasota. This 360-unit, Class A, garden-style property was built in 2017 and features a diverse unit mix of studios, one, two, and three-bedroom floorplans averaging 971 square feet. The Property offers a low-density site plan of just […]
Cantor Fitzgerald and BH Acquire Multifamily Asset in Lenexa, Kansas
NEW YORK, Aug. 23, 2022 /PRNewswire/ — A joint venture between affiliates of Cantor Fitzgerald, L.P. (“Cantor Fitzgerald”) and BH Companies, Inc. (“BH”), acquired a 309-unit multifamily property known as West End at City Center (the “Property”) in Lenexa, a submarket of Kansas City, Kansas. The acquisition closed on August 9, 2022, and is the seventh multifamily acquisition by joint […]
Cottonwood Group Partners with Texsun Holdings on Second Multifamily Portfolio Acquisition in Texas
Deal further cements Cottonwood’s rapid growth in the multifamily sector FORT WORTH, Texas, Aug. 23, 2022 /PRNewswire/ — Cottonwood Group (“Cottonwood”), a private equity real estate investment firm, is pleased to announce that it has acquired a 480-unit multifamily portfolio (the “Portfolio”) in Fort Worth, Texas with Dallas-based Texsun Holdings (“Texsun”). The Portfolio consists of the Woodstone Apartments, located at 6051 Bridge […]
Birchstone Residential Hires Melanie Stiles as Vice President of Marketing
Veteran Multifamily Marketer Brings Experience and Passion for Innovation to Growing Apartment Operator COPPELL, Texas, Aug. 16, 2022 /PRNewswire/ — Birchstone Residential, a culture-based property management company focused on creating great places to live, today announced the addition of Melanie Stiles as vice president of marketing. The hiring marks an integral moment in Birchstone’s continued growth and emergence as a premier […]
Hamilton Zanze Sells 9th Multifamily Community in Las Vegas
LAS VEGAS, Aug. 16, 2022 /PRNewswire/ — San Francisco-based real estate investment firm Hamilton Zanze is pleased to announce the sale of Alicante Apartments in the desirable Las Vegas-Paradise submarket of Las Vegas, Nevada. The firm purchased the Class B+ community in February 2017 and the sale closed on July 19, 2022. During their ownership, Hamilton Zanze completed many successful renovations focused on making the […]
Castle Lanterra Multifamily Achieves Remarkable Success with Sale of Two Residential Properties in Corpus Christi, TX
National Real Estate Investment Firm Announces Robust IRR as Capital Improvements, Hands-On Management Create Exceptional Value CORPUS CHRISTI, Texas, Aug. 15, 2022 — Castle Lanterra Multifamily, a division of Castle Lanterra, a New York-based national real estate investment firm, today announced the sale of two prominent residential communities in Corpus Christi, TX that provided a strong Internal Rate of […]
Harbor Associates Completes Lease-Up on Bungalows Del Mar Office in Del Mar, California Despite the Pandemic and Work from Home Trend
LONG BEACH, Calif., Aug. 12, 2022 — Harbor Associates, LLC (“Harbor”) has completed the lease up on the Bungalows Del Mar Office despite the pandemic and work from home trends that have slowed traditional office leasing. The Bungalows Del Mar Office is a 39,537-square-foot trend setting low-rise office building in the highly desirable coastal San Diego submarket of Del Mar. Harbor vacated the […]
MG Properties Acquires Two Sacramento Communities in Multifamily Deal
SAN DIEGO, Aug. 11, 2022 — MG Properties Group, a private San Diego-based real estate investor and operator, is further expanding its Sacramento presence, today with the acquisition of Eleanor and H16 Midtown Apartments. The two newly combined communities are located along the 16th street corridor in the Midtown submarket of Sacramento. Each community has an attractive contemporary design where […]