California
Bronzeville Public Housing Goes Solar in Public/Private Deal
In a first of its kind public/private project for Chicago, the Dearborn Homes public housing development in Bronzeville now sports… Read more
Greystone Launches Sales on Condo Conversion of UWS Hotel
Greystone Development has hired Alexa Lambert at Stribling Marketing Associates to lead sales at its condominium conversion of The Marbury… Read more
Investcorp Makes $370M Portfolio Buy from Equus Capital
Bahrain-based Investcorp, with U.S. headquarters in New York City, acquired a portfolio of 11 apartment properties from Equus Capital Partners… Read more
Plethora to Open $17M Manufacturing Facility in Marietta
Smart manufacturing company Plethora announced plans to invest more than $17 million in a new 57,000-square-foot production facility in Marietta.… Read more
993 New Units Coming to San Antonio
Three new apartment complexes, totaling 993 units, are under development/or proposed for San Antonio’s far north and northwest submarkets. This… Read more
CushWake Brokers Sale of 697-Unit MF Portfolio in Kentucky, Mississippi
Cushman & Wakefield arranged the sale of a three-property, 697-unit apartment portfolio in Kentucky and Mississippi. The sales prices were… Read more
NMHC & NAA to IRS: More O-Zone Changes, Please
The April 2019 guidance concerning the Opportunity Zones tax incentive provided a great deal of clarification on investment and development… Read more
RM Adviser Nabs Two Multifamily Complexes in First Direct Buy
RealtyMogul subsidiary RM Adviser made its first direct buy, acquiring two multifamily complexes in El Paso, TX from a private… Read more
Online Grocery Sales Growth Heats Up Cold Storage Demand
Any doubt that the rapid rise of e-commerce is causing ripple effects across the economy can be easily removed by… Read more
Berkadia Arranges $24M Sale of North Carolina MF Property
Berkadia has arranged the $24-million sale of Hawthorne at Forestdale, a 234-unit, garden-style apartment community in Burlington, NC. Located at… Read more
WPC Delivers 20-Story Apartment Tower in Silver Spring, Maryland
Washington Property Company (WPC) has delivered Solaire 8250, a 20-story, 338-unit apartment tower in Silver Spring, MD. The property is… Read more
Pathfinder Delivers North County MF
Pathfinder Partners completed construction on Creekside Apartments, a new 41-unit multifamily community in Vista, CA. The firm partnered with Silvergate… Read more
Clippers Claim Expansion Sublease Near Staples
The Los Angeles Clippers signed a more than 13,000-square-foot expansion lease at Onni Group’s 1212 S. Flower St. in DTLA.… Read more
Apartment Q&A: Laguna Point’s Campbell Shares Why It’s a Great Time to Sell
By Dennis Kaiser Connect Apartments is coming up on June 20 in Los Angeles. The conference features a host of… Read more
Proposed Home Applications Decrease in L.A. Following Measure JJJ
A new report by the California Homebuilding Foundation, LAplus and the Real Estate Development & Design Program in the College… Read more
Bascom, Realm Snag Downtown Los Angeles Site, Plan 36-Story, 422-Unit MXU Tower
Realm Group, LLC, a joint venture between Newport Beach, CA-based Realm Real Estate, LLC and Irvine, CA-based The Bascom Group,… Read more
In-N-Out Plans Third Oregon Restaurant
Iconic California burger chain In-N-Out has largely avoided expanding into its neighboring state of Oregon. That northward move is starting… Read more
‘headquarters by WeWork’ Brand Enters LA & Seattle Metros
WeWork’s bespoke offer aimed at medium-sized businesses, called ‘headquarters by WeWork,’ is entering two new markets: Los Angeles and Seattle’s… Read more
Security, Rockwood JV Acquires Legacy at Pratt Park in Seattle
Seattle-based Security Properties and Rockwood Capital acquired Legacy at Pratt Park, a 249-unit mixed-use property with 6,720 square feet of… Read more