Daily Archives: September 15, 2022

Quarterra Multifamily Announces Topping Off at 303-Unit Cormac Mixed-Use Community in Charleston’s Growing Upper Peninsula District

CHARLESTON, SC – Quarterra Multifamily (QMF), a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and asset manager along with investment partner Cresset Real Estate Partners, announced it has topped off Cormac, a mixed-use apartment community on Charleston’s upper peninsula, in the rapidly growing North Morrison “NoMo” neighborhood. Cormac represents the […]

MG Properties Expands Arizona Portfolio With $107 Million Acquisition of 289-Unit Apartment Community in Phoenix Submarket of Chandler

PHOENIX, AZ – MG Properties, a private San Diego-based real estate investor, owner, and operator has purchased 2150 Arizona Ave South Apartments l for $107 million. Rebranded as 2150 Apartments, this Chandler submarket of Phoenix boasts some of the most robust multifamily fundamentals in the metro due to its proximity to multiple job corridors, one […]

Lynd-Topaz Joint Venture Sells Jacksonville Apartment Community for $66 Million

Lynd Acquisitions Group (LAG), a division of the Lynd Group, and its JV partner Topaz Capital, sold a 444-unit value-add multifamily asset in Jacksonville for $66 million just three years after acquiring it for $35.15 million.     The partnership invested approximately $5 million updating both living spaces and common areas. They renovated approximately 75% […]

Mill Creek Announces Start of Move-Ins at Modera Six Pines

Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the start of move-ins at Modera Six Pines, a wellness-inspired apartment community in The Woodlands, an affluent and charismatic neighborhood 27 miles north of Houston.   Modera Six Pines, which consists of 429 apartment homes, […]