Daily Archives: July 8, 2022

Stoneweg Adds to Growing Portfolio With Acquisition of 298-Unit Amaze @ NoDa Apartments in Charlotte, North Carolina

CHARLOTTE, NC – Stoneweg U.S., a real estate investment firm specializing in multifamily acquisitions and developments, announced the acquisition of Amaze @ NoDa Apartments, a newly built, 298-unit multifamily community located in the highly desirable NoDa submarket of the thriving Charlotte, North Carolina MSA. The Class-A property consists of two, four-story, elevator-serviced buildings and was […]

Capital Square Acquires Twelfth Multifamily Community in Richmond Market With 320-Unit Hunter’s Chase in Midlothian Submarket

RICHMOND, VA – 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 Hunter’s Chase, a 320-unit apartment community in the Richmond suburb of Midlothian, Virginia. The community was acquired on behalf of CS1031 Hunter’s Chase, DST. “This is Capital Square’s […]

FOGELMAN PROPERTIES COMPLETES ACQUISITION OF 201-UNIT APARTMENT COMMUNITY IN HOUSTON, TEXAS

HOUSTON, July 6, 2022: Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, announces the acquisition of The Moorings, a 201-unit apartment community in Houston, Texas.   The Moorings offers newly upgraded one and two-bedroom apartment homes with rental rates ranging from $897-$1,565. The recently acquired property […]

Jessica Weil Named VP for New Multifamily Management Firm

Jessica Weil has been named regional vice president of CloudTen Residential, a newly-formed Nevada-based firm that manages and operates multifamily properties throughout the West.   According to Melissa Deen, president of CloudTen, in her new role, Weil is responsible for supervising multiple employees as well as a range of multifamily properties throughout the Nevada region […]

Concord Capital Partners Taps Samuel Landman as New Chief Investment Officer

Concord Capital Partners has announced that Samuel Landman has joined the firm as Chief Investment Officer. The commercial real estate veteran will work on the acquisition, financing, and disposition of real estate assets to help drive the firm’s growth.   Landman brings to his new role at Concord Capital Partners more than 17 years of […]

ASC Arranges $3.9M Cash-Out Refinance for Logan Square Multifamily

Chicago, IL – July 7, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $3,938,000 cash-out refinance loan for a 32-unit multifamily building in Chicago’s Logan Square. Built in 1926 and located in the heart of Logan Square, the building is within walking distance of the neighborhoods shopping, dining, and entertainment. […]

29SC Acquires 328-unit Tampa Multifamily Community

Tampa, Fla. – Privately-held real estate investment firm 29th Street Capital (29SC) has acquired Bay Crossing Apartments. The transaction marks the firm’s eighth multifamily acquisition in the Tampa Bay area and its 10th overall in Florida. Bay Crossing is a 328-unit, Class B fractured-condo community with an infill Class A location in the rapidly-developing South […]