Daily Archives: August 10, 2022

Harbor Group International Completes $306 Million Acquisition of 617-Unit Avalon Green Apartment Community in Elmsford, New York

ELMSFORD, NY – Affiliates of Harbor Group International and Azure Partners announced their joint venture for the $306 million acquisition of Avalon Green, a garden-style multifamily community in Elmsford, New York. HGI plans to implement a $9.2 million capital improvement program across the community to refresh amenities and common areas and modernize select interior units. […]

Lincoln Avenue Capital Acquires 180-Unit Wyndham Pointe Affordable Housing Community in Columbia, South Carolina

COLUMBIA, SC – Lincoln Avenue Capital, a mission-driven acquirer and developer of affordable housing, announced that it acquired Wyndham Pointe Apartments and will continue to reserve 100% of the units for low-income residents in the Columbia community. “Lincoln Avenue Capital is proud to continue growing our nationwide affordable housing portfolio in communities where quality, sustainable […]

Stepp Commercial Completes $3.825 Million Sale of 12-Unit Apartment Property in East Village Arts District of Long Beach

Long Beach, Calif. – Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $3.825 million sale of a 12-unit apartment property located at 601 Linden Avenue in the East Village Arts District neighborhood of downtown Long Beach, CA. Principal Robert Stepp and Senior Vice President Michael Toveg of Stepp […]