Apartment Briefs
ANAHEIM – Rental rates will rise about 3 percent annually over the next three years, predicted Lawrence Yun, chief economist of the National Association of...
Category : National
Sixteen Self Storage Projects Sell for $357 Million
HOUSTON – HFF has closed the sale of a 16-property self storage portfolio in Connecticut, New York and Pennsylvania. HFF and Louis Perfetto, Esq. of...
Downtown Office Tower Proposed
ATLANTA – A new downtown office tower has been proposed by developers Bob Voyles and David Marvin, according to a report by OKCReview.com. It would...
Apartment Roundup
IRVING, Texas – Oak Villas, a 548-unit property located at 2414 North MacArthur Boulevard in Irving has been sold to Oak Villas Apartments, LLC...
Office Sells for Record Price
NEW YORK — Brookfield Office Properties has sold the Newport Tower office building in Jersey City, NJ to Multi-Employer Property Trust for $377.5 million. It...
National Apartment Round Up
DALLAS – Estancia at Ridgeview Ranch, a 500-unit, Class A multi-housing community in Plano, Texas has been sold. HFF arranged acquisition financing for the project....
Blackrock Projects Solid Commercial RE Returns
HOUSTON — Blackrock Inc. is projecting solid returns on commercial real estate investments in the United States, with annual returns projected at 6 percent to...
Apartment Report
PHOENIX – CB Richard Ellis has negotiated the sale of Aldea at Estrella Falls, a 328-unit luxury apartment community in Goodyear, Ariz. Tyler Anderson, Sean...
Multi-Family Wrap
HOUSTON – Post Investment Group has purchased the 700-unit Palms on Westheimer apartment project at 6425 Westheimer. Maury Bronstein and David Malev of Situs Asset...
David Weekley Homes Assumes Control of Phoenix Home Builder T.W. Lewis
PHOENIX — David Weekley Homes of Houston has taken over the T.W. Lewis building firm on Phoenix and will begin building there under the name the...