property type: Multifamily

Bisnow Perseus TDC, an affiliate of Transwestern Development Co., has broken ground on a 158-unit apartment project in Washington, D.C. The property, at the intersection of 15th and S streets NW, will have business and fitness centers, a rooftop swimming ...

Washington Business Journal Developer Leonard Michel has filed plans to build the Village at Clear Springs residential project in Leesburg, Va. Plans call for 450 multifamily units, 203 single-family detached homes and 585 single-family attached units. The project would sit ...

Denver Business Journal A venture of Titan Development and Pivot Development has plans to break ground next quarter on the 254-unit Lock at Flatirons apartment property in Broomfield, Colo. Titan, of Albuquerque, N.M., and Pivot, of Greenwood Village, Colo., along ...

Sares Regis Group has paid $56.15 million, or $344,479/unit, for Elevation Chandler, a 163-unit apartment property in Chandler, Ariz. The Newport Beach, Calif., investment manager purchased the property from Olympus Property of Fort Worth, Texas, in deal brokered by Marcus ...

South Florida Business Journal A venture of Related Group and Fontainebleau Development has broken ground on Las Carreras, a 642-unit apartment property in Hialeah, Fla. The project is being built on 28.3 acres at 7218 West Fourth Ave. Units will ...

Atlanta Business Chronicle Equity Residential has bought the Osprey, a 319-unit apartment building in Atlanta's West Midtown submarket, for $153 million, or about $479,624/unit. The Chicago REIT bought the property, at 980 Howell Mill Road, from Toll Brothers Apartment Living, ...

The Real Deal Shorewood Real Estate Group has filed plans for a 125-unit apartment project in Queens, N.Y. The six-story building, at 34-20 Junction Blvd. in the borough's Jackson Heights neighborhood, would include 108 parking spots. The development site currently ...

A venture of Spirit Investment Partners and Bascom Group has paid $49.11 million, or $222,217/unit, for the 221-unit 415 Premier Apartments in the Chicago suburb of Evanston, Ill. The venture, which funded its purchase with a mortgage from Rialto Capital ...

South Florida Business Journal An affiliate of Walton Street Capital has bought the Cortina Apartments, a 324-unit property in Boynton Beach, Fla., for $92.68 million, or about $286,049/unit. The Chicago private-equity manager bought the complex, which sits on 10 acres ...

Washington Business Journal Skanska has filed plans to build a multifamily property with up to 275 units at 44 M St. NE in Washington, D.C. The Swedish developer previously had proposed a 233,000-square-foot office building for the site, which is ...