REBusiness Online Beachwold Residential LLC has bought The Norwalk Collection, a 662-unit multifamily portfolio in Norwalk, Conn, for $2935 million, or $443,353/unit The New York developer bought the portfolio from a venture of Invictus Real Estate...
Orlando Business Journal Trammell Crow Co has proposed building a 710,073-square-foot warehouse property in Apopka, Fla, about 25 miles northwest of Orlando, Fla The Dallas developer has filed plans to build the three-building industrial project,...
Multi-Housing News Southern Land Co has started work on a 254-unit apartment building at 1620 Sansom St in downtown Philadelphia The Nashville, Tenn, developer expects to complete the 27-story property by winter of 2023 It bought the development...
Multi-Housing News Invesco Real Estate Income Trust Inc has acquired a majority interest in the Everly Roseland apartment property in Roseland, NJ, in a deal valuing the 360-unit property at $1605 million, or $445,833/unit Novel Property Ventures of...
REJournalscom Keystone Senior Living has broken ground on Keystone Place at Magnolia Commons, a 142-unit age-restricted apartment property in Glen Carbon, Ill The Indianapolis company is building the property at 245 Magnolia Ave, about 22 miles from...
Commercial Observer Innovo Property Group’s proposed purchase of the HSBC Tower in Manhattan for $855 million is on hold and could fall apart The New York company so far has failed to secure financing for the deal, which was expected to close...
Multi-Housing News Rockrose Development has lined up a $210 million loan from Metropolitan Life Insurance Co against 47-05 Center Blvd, a 396-unit apartment property in Queens, NY Avison Young arranged the 15-year loan, which allowed Rockrose to...
Multi-Housing News Avanath Capital Management has paid $315 million, or $524,126/unit, for two apartment properties with 601 units in downtown Brooklyn, NY The Irvine, Calif, investment manager bought the two buildings from Greenland USA, an...
Commercial Observer May Riegler Properties plans to develop the two-building Highland Logistics Center on a 283-acre site in Frederick, Md The Washington, DC, developer recently bought the development site from Envision Capital of Frederick, which...
San Antonio Business Journal Koontz Corp has broken ground on the 374,000-square-foot industrial property at 483 South Callaghan Road in San Antonio The local developer is building the property in multiple phases, with its first, which will consist...
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