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Thompson Thrift to Develop 308-Unit Stella Luxury Apartment Community in Rapidly Growing Phoenix Submarket of San Tan Valley

Multifamily Newsroom™, News
PHOENIX, AZ – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the development of Stella, a 308-unit, Class A multifamily community in the Phoenix suburb of San Tan Valley. Thompson Thrift plans to begin construction in June and welcome new residents beginning in late 2024. […]

Bell Partners Closes $1.3 Billion Value-Add Fund Reflecting Solid Demand for Multifamily Investment Opportunities in Strong Markets

Multifamily Newsroom™, News
GREENSBORO, NC – Bell Partners, one of the nation’s leading multifamily investment and property management firms, announced the final close of its Value-Add Fund VIII at a hard cap of $1.3 billion in equity commitments from a range of domestic and international investors, many of whom were existing partners in previous funds. Fund VIII will […]
Strategic Inflection Points: Responding to Disruptive Change in Uncertain Times

Strategic Inflection Points: Responding to Disruptive Change in Uncertain Times

Webinars
Join award-winning podcasters, property management expert Ernest F. Oriente of PowerHour® and multifamily technology innovator Kerry W. Kirby, CEO of 365 Connect, for a another exciting segment of the MultifamilyBiz.com + PowerHour Webcast Series. Launching July 19, 2023 at 3:00 p.m. Eastern Standard Time, this fast-paced 60-minute Webcast, focuses on the responding to change in […]

Capital Square Breaks Ground on 348-Unit Livano Knoxville Apartment Community in Opportunity Zone along The Tennessee River

Multifamily Newsroom™, News
KNOXVILLE, TN – Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced it has broken ground on Livano Knoxville, an approximately 348-unit Class A multifamily community in a qualified opportunity zone in Knoxville, Tennessee. Construction of the development is expected to be completed […]

CEP Multifamily Acquires 97-unit Regal Ridge Apartments in Spokane, WA

Multifamily Newsroom™, News
EVERETT, Wash., July 7, 2023 — CEP Multifamily announced their July 7, 2023, acquisition of Regal Ridge, a 97-unit market rate garden apartment community in Spokane’s desirable South Hill neighborhood.  Regal Ridge is the first acquisition in Spokane for the vertically integrated Everett-based firm and grows their existing Pacific Northwest portfolio to 1,606 units, 475 of which are outside of the Puget Sound Region.  […]

Agent PHL Brokers 30-Unit Development Site in Philadelphia for $3,000,000

Multifamily Newsroom™, News
PHILADELPHIA, July 6, 2023 — On behalf of The Seller, Agent PHL has formally announced the sale and settlement of 2400 East Venango Street in Philadelphia, Pennsylvania. The site will provide thirty (30) new residences in a marketplace starved for high-quality, attainably-priced residential housing. The sale was brokered by Ryan McManus, principal of Agent PHL— in collaboration with Rich Cassell of […]

Vessel Secures Investment from Innovation Driver Mastry Ventures and LENX for Game-Changing Mission-Driven Housing Solution

Multifamily Newsroom™, News
Vessel’s Next-Gen Housing Product Offers Working People, Developers, Franchisees and Host Communities a Pathway to Attainable Housing Creation and Near-Term Economic Development  NEW YORK, July 6, 2023 — Vessel Technologies, Inc., a mission-driven housing product development company and franchisor that offers a high-quality, sustainable, and attainably priced housing solution, has secured Series A funding from co-lead […]

Waypoint Residential Announces Delivery of Seven New Apartment Communities Totaling 1,800-Units Across Multiple Markets in Florida

Multifamily Newsroom™, News
BOCA RATON, FL – Waypoint Residential, a vertically integrated multifamily developer, owner and operator, announced that it is delivering 7 new apartment projects, totaling 1,800 units, in Florida in the first half of 2023. The projects, which all contain Class A amenities and finishes, are located in markets throughout the state, including Port St. Lucie, […]