Tag Archives: Property Management News

Joint Venture of PCCP, LLC and Grand Peaks Acquires Newly Developed Two-Property Multifamily Portfolio Totaling 696 Units in South Florida

Los Angeles, CA – A joint venture of PCCP, LLC and Grand Peaks has acquired a two-property multifamily portfolio totaling 696 units – both of which completed construction earlier this year and are currently in the lease-up phase. The garden-style apartment communities include Village at Tradition in Port St. Lucie, FL and Harbor Grove in Stuart, […]

DB Capital Acquires Fifth Salt Lake City Multifamily Community in the Past Two Years

DB Capital Management (“DB Capital”) and equity partner Thrive FP has acquired Autumn Glen, a 100-unit apartment community in the Salt Lake City submarket of Taylorsville, UT. It is DB Capital’s fifth purchase in the Salt Lake City MSA over the past 24 months.   This is DB Capital’s sixth acquisition with Austin-based Thrive FP. […]

Walton Street Acquires 326-Unit Dolce Living Royal Palm Luxury Apartment Community in Popular Orlando Submarket of Kissimmee

KISSIMMEE, FL – An affiliate of Walton Street Capital announced that it has acquired a 326-unit Class A multifamily garden-style property located at 3250 Orleans Avenue in Kissimmee, FL in partnership with RPM Living Investments. Walton Street plans to rebrand the Property to be called the Muse at Winter Garden. Built in 2021, the Property […]

Wood Partners Introduces Signature Luxury Living in San Antonio With Groundbreaking of 366-Unit Alta Rolling Oaks Apartments

SAN ANTONIO, TX – National multifamily real estate development leader Wood Partners announced the groundbreaking of its newest luxury residential community, Alta Rolling Oaks, in San Antonio. With construction underway, Alta Rolling Oaks is scheduled to open in May 2023 with pre-leasing expected to begin early next year. Situated along North Loop 1604 in North […]

JT Bailey joins Get Covered as Advisor to Student Division

Get Covered, a leading insurance technology provider for multifamily operators, managers, residents and distribution partners, today announced that JT Bailey has joined its team as an advisor to spearhead its expansion within the student housing industry.    Bailey, who currently serves as the president of an innovative reporting and operations technology platform for student housing […]

PetScreening Announces Integration With ResMan

PetScreening, a first-of-its-kind screening platform that empowers property managers to outsource their pet risk assessment and assistance animal validation processes at no charge, today announced it has integrated with ResMan, a leading property management platform that helps conventional multifamily and affordable housing managers operate more efficiently and deliver higher rates of return to investors.   […]

PetScreening Announces Integration With ResMan

PetScreening, a first-of-its-kind screening platform that empowers property managers to outsource their pet risk assessment and assistance animal validation processes at no charge, today announced it has integrated with ResMan, a leading property management platform that helps conventional multifamily and affordable housing managers operate more efficiently and deliver higher rates of return to investors.   […]

Mill Creek Announces Groundbreaking of Modera LoSo

Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced it has broken ground on Modera LoSo, a luxury apartment community located in Lower South End.   The midrise community, which will feature 351 apartment homes, will be located within walking distance of the LYNX […]

Concord Summit Capital Closes $109 Million of Construction Loans for Multifamily and Condo-Hotel Projects

Kissimmee condo-hotel receives $54 million loan and Winter Garden multifamily development secures $55 million in financing ORLANDO/MIAMI, FL (August 2, 2022)- Concord Summit Capital, LLC (“Concord Summit”) arranged two construction loans totaling $109 million in the Greater Orlando Area. Managing Director Kevin O’Grady, Director Justin Neelis and Senior Analyst Daniel Rojo of Concord Summit’s Miami […]

Capital Square Acquires 350-Unit The Trails at Short Pump Apartment Community Located in Affluent Suburban Richmond Market

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 The Trails at Short Pump, a 350-unit apartment community in Richmond, Virginia. The community was acquired on behalf of CS1031 The Trails at Short Pump Apartments, DST. The […]