City: Grand Rapids
320-Unit Apartment Property in Grand Rapids, Mich., Trades Hands
Multi-Housing News An affiliate of GSH Group has acquired the Grove, a 320-unit apartment property in Grand Rapids, Mich. The Clawson, Mich., company purchased the property from its developer, Thompson Thrift, in a deal brokered by Berkadia. The purchase price ...
Work to Start on 240-Unit Apartment Property in Grand Rapids, Mich.
Woodtv.com Magnus Capital Partners will break ground this month on HōM Flats at Maynard, a 240-unit apartment property in Grand Rapids, Mich. The local developer is building the property at 526 Maynard Ave. NW. It will have one-, two- and ...
RiverTown Crossing Mall in Michigan Sees Appraised Value Clipped Again
Commercial Real Estate Direct Staff Report RiverTown Crossing Mall in suburban Grand Rapids, Mich., has been appraised at a value of $68.9 million, well less than the $128.73 million that is owed against it. The 1.27 million-square-foot shopping center is ...
344-Unit Apartment Property Planned Near Grand Rapids, Mich.
Thompson Thrift is planning to build BLVD at Wilson Crossings, a 344-unit apartment property in Wyoming, Mich. The Indianapolis developer will build the property at the intersection of Wilson Avenue SW and 64th Street SW, about 12 miles south of ...
DRA/Pine Tree Venture Pays $63.5Mln for Mich. Shopping Center
A fund managed by DRA Advisors has partnered with retail specialist Pine Tree to pay $63.5 million, or $118/sf, for the Shops at CenterPoint, a 537,948-square-foot open-air shopping center in Grand Rapids, Mich. The venture bought the 62-year-old property, at ...
210-Unit Apartment Property Near Grand Rapids, Mich., Sells for $71.5Mln
REJournals.com A venture of Syndicated Equities and Highgate Capital Group has sold Stone Falls of Ada, a 210-unit apartment property in Ada, Mich., for $71.5 million, or $340,476/unit. The buyer of the property could not yet be learned. Syndicated Equities ...
Brix apartments
Brix, at 414 Benson Ave. NE, was built in 2018 and is 93 percent occupied. The property has one-, two- and three-bedroom units with monthly rents between $1,350 and $2,600. It includes a swimming pool, spa, fitness center, pet park, ...
Time Equities Pays $68.25Mln for 286-Unit Apartment Property in Grand Rapids, Mich.
Time Equities Inc. has paid $68.25 million, or $238,636/unit, for the 286-unit Brix apartments in Grand Rapids, Mich. The New York real estate investor purchased the complex from its developer, a venture led by Kayne Anderson, a Boca Raton, Fla., ...
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