by Kipp Gillian | Mar 22, 2023 | Multifamily
Coral Gables, FL-based commercial real estate firm Beacon Real Estate Group has completed its phased acquisition of the brand-new Exchange at 1105 apartment community located southwest of Atlanta in LaGrange, GA. The purchase is part of Beacon Real Estate...
by Kipp Gillian | Mar 22, 2023 | Multifamily
Chicago-based real estate investor and operator Waterton has re-entered the Seattle market with the acquisition of 128 on State, a 128-unit, garden-style apartment community in Kirkland, WA. The company, which purchased the complex from Prometheus Real Estate Group...
by Kipp Gillian | Mar 22, 2023 | Multifamily
LIV Development is looking to spend $65.5-million on a multifamily project on the site of the former Our Lady of Victory Catholic School, which was shuttered in 2021. Livano Victory Forest is the working name of the 488,000-square-foot project that will include 357...
by Kipp Gillian | Mar 22, 2023 | Multifamily
The pandemic-driven home value spike in the Golden State has come to a crashing halt, as the California Association of Realtors’ (C.A.R.) reports the median price of a single family home in California in February fell to $735,480, and is now 18.3% lower than its...
by Kipp Gillian | Mar 22, 2023 | Multifamily
Manufactured home communities have become more popular recently, with rising single-family home prices and mortgage interest rates pricing out many first-time homebuyers. Customers buy the structures and rent the space it’s on, often at a lower combined monthly...
by Kipp Gillian | Mar 21, 2023 | Multifamily
Pretium, a specialized investment firm with more than $50 billion in assets under management, said Melanie Gersper had joined the firm as managing director, asset management. She will lead the asset management of Pretium’s equity real estate...