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Wood Partners Breaks Ground on Nature Inspired Community in Aurora, Colorado: Alta Addison

Multifamily Newsroom™, News
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 […]

Cantor Fitzgerald Announces the Sale of Rivertop Apartments in Nashville, Tennessee

Multifamily Newsroom™, News
NEW YORK, Jan. 19, 2023 — Cantor Fitzgerald, L.P. (“Cantor Fitzgerald”1) announced the sale of Rivertop Apartments in Nashville, Tennessee. The sale was facilitated on behalf of investors in Rivertop Apartments, resulting in a total return of 137% of their aggregate original investment and an internal rate of return of 12% over the approximately three-year hold period.2  Completed […]

Multifamily Leadership Announces Launch of Multifamily Innovation® Awards

Multifamily Newsroom™, News
January 24, 2023 – Scottsdale, Arizona – Multifamily Leadership launches the Multifamily Innovation® Awards, a national industry awards program recognizing excellence in technology and innovation in the Multifamily apartment industry. The awards will be presented at the annual Multifamily Innovation® Summit, which also recognizes the Best Places to Work Multifamily® companies. Multifamily Leadership is entering […]

Harbor Group International Acquires 932-Unit The Pavilions Apartment Community Located in Popular Hartford Submarket of Manchester

Multifamily Newsroom™, News
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

Multifamily Newsroom™, News
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 […]

Landmark Properties and Manulife Investment Management Partnership to Develop 890-Bed Student Housing Community in Connecticut

Multifamily Newsroom™, News
STORRS, CT – Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, has formed a new build-to-core joint venture with Manulife Investment Management. The partnership will focus on developing and operating residential properties in targeted markets throughout the United States and has pre-identified several potential […]

ECI Group Announces Disposition of 204-Unit The Columns at Timothy Woods Apartment Community Located in Athens, Georgia

Multifamily Newsroom™, News
ATLANTA, GA – ECI Group (ECI) announced the sale of The Columns at Timothy Woods apartments at 2035 Timothy Road in Athens, GA to Fogelman Properties. The 204-unit, 1996-vintage community was acquired by ECI in April 2019. ECI upgraded the unit interiors and improved and modernized the community’s amenities during its ownership period. The sales price […]

MG Properties Completes $184.6 Million Acquisition of 379-Unit Luxury Apartment Community in San Diego Submarket

Multifamily Newsroom™, News
SAN DIEGO, CA – MG Properties, a private San Diego-based real estate investor, owner, and operator purchased the multifamily community Domain San Diego in a joint venture with Rockwood Capital. Domain San Diego is a 379-unit community that offers renovated studio, 1 & 2 bedroom apartments, competitive community amenities, and easy access to the 163 […]

Quarterra Multifamily Starts Construction on 284-Unit The Piper Luxury Apartments in Redmond’s Marymoor Village Core Market

Multifamily Newsroom™, News
REDMOND, WA – Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and asset manager, announced the completion of subsurface work and start of vertical construction of The Piper, a luxury community directly fronting renowned Marymoor Park in Redmond, Wash. The Piper is developed in close partnership with QuadReal […]

HABYT AND COMMON MERGE TO BECOME THE LEADING GLOBAL CO-LIVING OPERATOR

Multifamily Newsroom™, News
The Biggest Co-Living Company in Europe and Asia, and North America’s Largest Co-Living Company Are Merging In a Deal Aimed At Revolutionizing How We Live and Work NEW YORK, Jan. 10, 2023 — Habyt, the biggest co-living operator in Europe and Asia, and Common, the largest co-living operator in North America, announced today a merger to create the leading global co-living company. The combined entity brings to […]