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Investcorp -TruAmerica Multifamily Joint Venture Inks $98 Million Apartment Portfolio Buy in Orlando
ORLANDO, FL - An Investcorp-TruAmerica Multifamily joint venture has acquired a 708-unit, two-property apartment portfolio in Orlando, FL for $98 million. The purchase of the 360-unit Montevista at Windermere and the 348-unit Highpoint Club marks...
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ZOM and Invesco Real Estate Break Ground on 262-Unit Luxury Highrise Apartment Building in Miami
MIAMI, FL - ZOM Florida, and Invesco Real Estate, a global real estate investment manager, recently broke ground on MAIZON AT BRICKELL, a 262-unit multifamily highrise located within the Brickell district of Miami. This distinctive project will comprise both...
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Steadfast Apartment REIT Acquires 300-Unit Dallas Area Apartment Community for $44 Million
DALLAS, TX - Steadfast Apartment REIT III announced that it has acquired The Pointe at Vista Ridge (formerly known as Enclave at Vista Ridge), a 300-apartment-home community located in the Northern Dallas submarket of Lewisville. The purchase price was...
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SKY 3 Luxury Apartments Introduces Innovative Amenities and Social Living to Downtown Portland
PORTLAND, OR - For a new apartment building, Sky 3 has quite the social life. Sky 3 is a brand new 15-story mixed-use development located at 1221 SW 11th Avenue offering 196 apartment units, innovative amenities for active lifestyles, shared social spaces,...
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JPI Announces Close of Financing and Ground Breaking for Second Phase of Jefferson Stadium Park
ANAHEIM, CA - JPI, a leader in the development of Class A multi-family communities, has announced the closing of construction financing for Jefferson Stadium Park's Phase II, consisting of 376 luxury apartment homes, including 12 live-work units. The...
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American Campus Communities’ Newest Boutique Student Housing Development Going for Gold
CHAMPAIGN, IL - American Campus Communities, the nation’s leading developer, owner and manager of high-quality student housing, announced that The Suites at Third, a new student community in Champaign, Illinois opening August 2017 is pursuing LEED Homes...
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New Amadore Apartments is First Building in Saginaw to Take Advantage of PACE Financing Program
SAGINAW, MI - A ribbon cutting ceremony hosted by the Saginaw County Chamber of Commerce and Saginaw Future will highlight The Energy Alliance Group of Michigan’s latest PACE project, New Amadore Apartments.
Originally constructed in the...
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Mortgage Rates Hit Lowest Point Since Mid-November According to Bankrate.com National Survey
NEW YORK, NY - Mortgage rates fell for the third week in a row, with the benchmark 30-year fixed mortgage rate falling to the lowest level in more than six months, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has...
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