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The Peloton Wars, Part III - More alternatives for apartment building owners
The other morning I had a pleasant tour with architect Ken DeMuth of Pappageorge Haymes Partners and Nick Vittore, VP of Real Estate, Svigos Asset Management, the developer of the reconstructed Motley School, o.....»»
Stellar, AKI planning 10-story Queens office building
Stellar Management announced it has purchased a development site in Astoria, Queens, in partnership with AKI Development. The JV plans to build a 10-story mixed use property contain.....»»
Harbor Group buys $117M Brooklyn apartment building
Harbor Group International, a privately-owned investment and management firm, announced the purchase of The Frederick apartment building in Crown Heights for $117 million. The newly built.....»»
Area investor pays $19M for Carrboro apartments
Chapel Hill real estate investor Daniel Eller has again expanded his company’s portfolio with the purchase of a 188-unit apartment building in Carrboro. Eller Capital Partners announced June 28 that it purchased the Crest at West End Apartments off.....»»
Downtown Dayton apartment building sells for $1.4M
A downtown Dayton apartment complex has been sold to a Philadelphia-based property management company......»»
Nashville to Get its First Airbnb-Branded Apartments
Rendering of the Olmsted apartment building at 501 S. Fifth Ave. in Nashville. Newgard Development Group, an investment, management and development firm based in Miami, purchased a 328-unit apartmen.....»»
Flashcube building developer seeks to cut labor costs
The developer handling a renovation of Downtown's Flashcube building wants to cut what it pays for labor in exchange for increasing the number of affordable housing apartment units in the project. The Planned Industrial Expansion Authority on Thursday .....»»
TRANSACTIONS: Hirshmark funds industrial bridge loan; HKS brokers refi’ for new Astoria apartment building
Hirshmark Capital, through an affiliate enti.....»»
South Brooklyn apartment building sells for $32M
A six-story apartment building in South Brooklyn traded hands for nearly $32 million last week. Queens-based R & C Management Company sold 2355 East 12th Street in Sheepshead Bay to Jonas Properties, a Brookl.....»»
BCB refinances uptown apartment portfolio
BCB Property Management Inc. (BCB) has refinanced a six-building multifamily portfolio in Morningside Heights with a $78 million deal. Newmark Knight Frank (N.....»»
Square Mile antes up $149M loan for luxury Chicago apartment building
Square Mile Capital Management LLC announced that it has originated a $149 million loan secured by The Gallery on Wells, a 40-story 442-unit multifamily building located in the River North submarket of Chicago, IL. Magellan De.....»»
Harlington Realty pays $51 million for Chicago apartments
Ventures of Harlington Realty has paid nearly $51 million for its first acquisition in Chicago, a new 94-unit apartment building. The New York real estate investor acquired  a building next to the... To view the full story, click the title link......»»
Related pays $260M for Truffles Tribeca
Related Companies turned to the high end Tribeca market, purchasing a $260 million luxury apartment building from the Jack Parker Corporation. The property, located at 34 Des.....»»
Arcadia development site sells with plans for apartment building
Trammell Crow Residential and Positive Investments purchased several parcels of land in Arcadia with plans to build a 319-unit apartment development there......»»
Developer plans 85-unit Northeast Philadelphia apartment building on Roosevelt Boulevard
A developer has proposed to build an apartment building in Northeast Philadelphia along Roosevelt Boulevard, but a key zoning change is needed for the project to move forward......»»
Yemeni coffee franchise coming to Centre Avenue in Oakland
Pittsburgh office of Colliers International announces new coffee shop tenant for first floor of North Oakland apartment building is a Michigan-based franchise......»»
Apartment community on former Thunderbird school site sells for $69M; plus 4 more Valley deals to know
A 266-unit multifamily community on the former site of ASU's Thunderbird School of Management has traded hands. Plus, this week's roundup of real estate news includes a downtown apartment tower's groundbreaking.....»»
Natomas Corporate Center in Sacramento sold to Chavez Management Group
The tallest building in Sacramento's Natomas' area, and a neighboring office building that's never had a tenant in its four-year existence, have both sold......»»
Peabody completes Solara apartment building in Tiverton
Solara is a "charming community of artfully designed studio, one-, and two-bedroom apartments," Peabody said......»»
After 2 years of applying for the NYC housing lottery, she finally won her bid. Now she pays $1,000 in rent for her Manhattan apartment.
In 2018, the odds of winning the affordable housing lottery were 1 in 592, per The New York Times. The living room is bright and airy.Nkenge BrownA millennial woman won the New York City affordable housing lottery after applying for two years......»»