Tag Archives: Real Estate News

Lifespace Communities Expands Portfolio With Agreement to Acquire Three Senior Living Communities Across Strategic Texas Markets

DALLAS, TX – Lifespace Communities announced that it has finalized an agreement with a private equity investment group for Lifespace to acquire three senior living campus communities in Texas – Meadow Lake in Tyler, Wesley Court in Abilene, and The Craig in Amarillo. The three communities are currently managed by ER Senior Management, LLC (Evergreen), […]

The Hoffman Company Brokers 18-Acre Parcel in Riverside, California, for Mixed-Use Development

The Hoffman Company, recently brokered the sale of a 482-unit apartment project on approximately 18 acres, part of a larger 35-acre mixed-use development called The Exchange being developed by the seller, AFG Development LLC. Located near the intersection of CA-60 and I-215 in Riverside, Calif., the buyer, JPI, will complete construction on the multifamily project, […]

CRE Industry Veteran Eric T. Baum Joins Greystone Monticello

Greystone Monticello announces Eric T. Baum has joined as Head of the Multifamily Bridge Sales Desk, working closely with the firms’ originators, including sizing, quoting, and issuing bridge loan applications. Formed in 2021, the Greystone Monticello joint venture provides a wide range of bridge financing options in the multifamily and seniors housing industries. Mr. Baum […]

Berkadia Secures $16.39M in Equity for Encore Enterprises to Develop Orlando Apartments

Encore Narcoossee Apartments will introduce 249 new apartments to the Lake Nona submarket ORLANDO (July 21, 2022) – Berkadia announces it has sourced a capital partner for Dallas-based Encore Multifamily, a division of Encore Enterprises, to develop its second apartment community in Orlando. The “Encore Narcoossee” community will be a three-story, 249-unit garden-style community on a […]

District of Columbia Housing Finance Agency Expands Affordable Housing Investments With Shepherd Park in Ward 4 Neighborhood

WASHINGTON, DC – The District of Columbia Housing Finance Agency (DCHFA) closed out the month of June by financing the construction of Shepherd Park Apartments. DCHFA issued $16.3 million in tax exempt bonds and underwrote $1.8 million in Low Income Housing Tax Credits for the construction of 66 new affordable apartments at 7428 Georgia Avenue […]

Avanti Residential Completes $181 Million Acquisition of 360-Unit Soleste Grand Central Luxury Apartment Community in Miami

MIAMI, FL – Denver-based Avanti Residential has acquired Soleste Grand Central, a newly built luxury 360-unit apartment community in downtown Miami. Avanti purchased the Class A multifamily community for $181 million from The Estate Companies, who developed the project in 2021 and achieved 95% occupancy in six months amid ongoing strong demand for high quality […]

Hamilton Zanze Completes Acquisition of 244-Unit Echelon at Odenton Apartment Community in Baltimore Metropolitan Area of Odenton

BALTIMORE, MD – San Francisco-based real estate investment firm Hamilton Zanze announced the purchase of Echelon at Odenton Apartments, their 14th acquisition in the state of Maryland. The firm closed the deal on this Class-A property on June 28, 2022. The Echelon at Odenton property is a garden-style community built in 2016 on 6.6 acres. […]

The Hospitality Arm of The Allen Morris Company, Launches Sales of Atara, Autograph Collection Residences in St. George, Utah

Berkshire Hathaway HomeServices Utah Properties Serves as Exclusive Listing Brokerage  The residences will afford owners and guests alike a one-of-a-kind residential experience   AMS Hospitality, the hospitality arm of The Allen Morris Company, has launched luxury resort villa sales, Atara, Autograph Collection Residences in St. George, Utah.  Berkshire Hathaway HomeServices (BHHS) Utah Properties serves as […]

Middleburg Communities and Stockbridge Acquire 300-Unit Indigo Champions Ridge Apartment Community in Orlando Suburb

DAVENPORT, FL – Middleburg Communities, a fully integrated multifamily development, investment, construction and management company operating in the southeastern and mid-Atlantic United States, and Stockbridge, a private equity real estate investment management firm, announced that they have acquired Indigo Champions Ridge, a 300-unit Class A multifamily community located in Davenport, Florida, a suburb of Orlando, […]

The Hospitality Arm of The Allen Morris Company, Launches Sales of Atara, Autograph Collection Residences in St. George, Utah

Berkshire Hathaway HomeServices Utah Properties Serves as Exclusive Listing Brokerage  The residences will afford owners and guests alike a one-of-a-kind residential experience   AMS Hospitality, the hospitality arm of The Allen Morris Company, has launched luxury resort villa sales, Atara, Autograph Collection Residences in St. George, Utah.  Berkshire Hathaway HomeServices (BHHS) Utah Properties serves as […]