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154-unit apartment complex in S.F.’s Diamond Heights snapped up by out-of-state investor

Chicago-based Waterton announced that it has closed on its first San Francisco multi-family property......»»

Category: topSource: bizjournalsJan 13th, 2021

Boston investor sails into waterfront complex for $326 million

A Boston investor snapped up the 402-unit Blu Harbor apartment complex in Redwood City for $325.62 million, or about $810,000 per apartment.  The sellers in the deal were Denver-based Pauls Corp. and New York-based Fortress Investment Group.  The p.....»»

Category: topSource: bizjournalsJul 26th, 2019

Birmingham investor buys Alabama apartment complex in $11M deal

An 80-unit apartment complex in Huntsville has sold for $11.76 million. Birmingham-based Red Street Investment Co. acquired the property for $147,000 per unit from Morrison Avenue Capital Partners. The complex features condo-style living with gr.....»»

Category: topSource: bizjournalsApr 6th, 2020

Virginia investor acquires Scottsdale apartment complex

Harbor Group International has purchased Luxe Scottsdale, a 218-unit Valley apartment community, for $65.6 million. HGI, based in Norflolk, Virginia, will contribute $418,000 to the property to modernize common area amenities, improve curb appeal, and ad.....»»

Category: topSource: bizjournalsJan 28th, 2020

The Connor Group gains $14M on sale of out-of-state apartments

The Connor Group, a national real estate investment firm based in Miamisburg, has made a sale of a Georgia apartment complex for over $40 million. The group sold its Parkside at Town Center, a 234-unit luxury apartment complex in Marietta, Georgia,.....»»

Category: topSource: bizjournalsAug 8th, 2018

Tampa apartments sold for $31 million in quick value-add flip

A New York investor that bought a Northeast Tampa apartment complex in 2017 has sold it after making several improvements to the property. River View Apartments has been sold for $31 million or $104,729 per unit to River View Apartments LLC, whic.....»»

Category: topSource: bizjournalsAug 24th, 2018

Luxury apartments, office complex planned for ASU "innovation zone"

A 262-unit luxury apartment complex and a six-story, 162,000-square-foot office building are the latest developments planned for the Novus Innovation Corridor, one of Arizona State University’s “innovation zones” located on the north side of .....»»

Category: topSource: bizjournalsOct 1st, 2018

Austin investor buys $22M apartment complex near Medical Center

While the price was not disclosed, the 277-unit property was last assessed for $22 million, according to the Bexar County Appraisal District......»»

Category: topSource: bizjournalsNov 19th, 2018

Global real estate investor buys East Austin apartments

The Arnold, a 346-unit apartment complex on Austin’s East Side, was recently sold by Transwestern Development Co. for an undisclosed amount......»»

Category: topSource: bizjournalsJan 4th, 2019

North Carolina multifamily investor acquires 450-unit Kennesaw apartment complex

Bell Kennesaw Mountain, formerly Mountain Park Estates, is the first multifamily acquisition in 2019 for Bell Partners Inc., and its ninth portfolio property in Georgia......»»

Category: topSource: bizjournalsFeb 7th, 2019

Investcorp sells apartment complex near FAU for $80M

The price exceeded $500,000 a unit......»»

Category: topSource: bizjournalsJan 8th, 2021

Columbus investor pays $25.5M for Pittsburgh apartment complex

Apartment complex on Allegheny riverfront attracts Columbus multifamily investor with more than 21,000 units......»»

Category: topSource: bizjournalsApr 26th, 2020

130-unit Oakland apartment complex switches hands

Oakland’s new 130-unit apartment community known as Baxter on Broadway was quietly scooped up in an off-market transaction to the tune of $81 million last month. Dr. Peter Wang and Grace Wang bought the property, 4901 Broadway, for about $623,000 p.....»»

Category: topSource: bizjournalsApr 9th, 2020

Eden Prairie"s Olympic Ridge apartments sell for $25.5 million

The developer of a 143-unit apartment complex along Highway 169 in Eden Prairie has sold the property in a deal worth $25.5 million......»»

Category: topSource: bizjournalsApr 8th, 2020

Palm Beach County apartment complex sells for $10.5M

The price equated to $134,615 per unit......»»

Category: topSource: bizjournalsApr 7th, 2020

Alabama apartment complex sells for $20.5M

An apartment complex in Alabama has sold for $20.5 million. Park West, a 278-unit apartment community located in Mobile, has sold for $73,741 per unit. Cushman & Wakefield has arranged the sale with Craig Hey and Andrew Brown representing the se.....»»

Category: topSource: bizjournalsMar 31st, 2020

Indiana developer plans multifamily project south of KCI

An Indiana-based developer plans a 276-unit luxury apartment complex in the Northland.   Watermark Residential, a subsidy of Terre Haute-based Thompson Thrift Development Inc., has acquired 23 acres of land for the project, the company announced Tuesd.....»»

Category: topSource: bizjournalsMar 24th, 2020

Ponte Vedra apartments sell for $54.9M

California-based Passco Companies, has purchased The Reserve at Nocatee for $54.9 million. The 244-unit luxury apartment complex at 215 Hunters Lake Way was constructed in 2018. “When sourcing acquisitions, we have an extensive list of factors w.....»»

Category: topSource: bizjournalsMar 19th, 2020

Alabama apartment complex sells for nearly $28M

A multifamily complex in Mobile has sold for $27.95 million. Arlington Park, a 252-unit apartment community, sold to Saxony Capital Management out of Dallas. Craig Hey and Andrew Brown of Cushman & Wakefield represented the seller, PEM Real Estate.....»»

Category: topSource: bizjournalsMar 18th, 2020

Upscale apartment investor in Raleigh alleges "despicable" conduct

An investor is suing over allegedly defective air conditioning units in a Raleigh apartment complex – calling actions at the center of the case “despicable, willful, malicious, fraudulent, and oppressive.”.....»»

Category: topSource: bizjournalsMar 11th, 2020

Exclusive: Take a first look inside Pearl"s new luxury apartments

The third apartment complex built at Pearl is now complete. Southline Residences at 226 Newell Ave., named after being the southernmost point of Pearl, is the latest from Silver Ventures. Finishes throughout the 223-unit building’s amenities and resid.....»»

Category: topSource: bizjournalsFeb 29th, 2020