Haven Residential will oversee management and leasing of the property. The post 29th Street Capital Buys Houston Apartments appeared first on Multifamily Real Estate News.
The deal gives Blackstone a portfolio of 42 garden-style apartment communities totaling more than 12,600 units in 13 states, including Florida, Arizona, Colorado, Georgia and Texas.
The Moneycontrol Real Estate Show | Planning To Buy Property? Consider Investing In 2bhk Apartments Or Plots As They Appreciate Faster
In this episode of The Moneycontrol Real Estate Show, Moneycontrol#39;s Vandana Ramnani talks to Amit Goenka, MD and CEO of Nisus Finance, to understand the real estate investment opportunities for both homebuyers and investors in 2022 into regular assets such as housing and indirect assets such as REITS and stressed asset funds, Listen for more.
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ WINNIPEG, MB, Jan. 17, 2022 /CNW/ - Marwest Apartment Real Estate Investment Trust ("Marwest Apartment REIT" or the "REIT") (TSXV:MAR) announced that its Trustees have declared a monthly cash distribution of $0.00125 per trust unit ("Trust Unit") of the REIT for the month of January 2022, representing a cash distribution per Trust Unit of $0.015 on an annualized basis. The cash distributions will be made on February 15, 2022 to Unitholders on record as of January 31, 2022. ...Full story available on Benzinga.com.
The seller, scandal-tainted American billionaire Daniel Och, bought the apartment only two years ago for half the price at $93 million, according to the Journal.
California real estate firm Ideal Capital Group acquired Jade, a new 287-unit rental complex near the Rio. : California real estate firm Ideal Capital Group acquired Jade, a new 287-unit rental complex near the Rio. A luxury apartment complex near the Strip has sold for a sky-high value, underscoring landlords' increased appetite for rental properties in Southern Nevada. California real estate firm Ideal Capital Group acquired Jade, a new 287-unit apartment complex near the Rio, for $124.5 million. The sale, by developer Jonathan Fore, closed last month, property records show.
HUMBLE, Texas, Jan. 10, 2022 /PRNewswire/ -- Civitas Capital Group, a Dallas-based alternative investment manager offering niche opportunities in U.S. real estate, has acquired The Park at Tour 18, a 241-unit, Class "A" apartment complex in the highly attractive Greater Houston (Texas) market. "Multifamily acquisition is a core strategy for Civitas in 2022," says Rootvik Patel, Investments Director for Civitas "Multifamily acquisition is a core strategy for Civitas in 2022," says Rootvik Patel, Investments Director for Civitas, who led the transaction along with colleague Chandler Kyser. ...Full story available on Benzinga.com.
The 528-unit property is 95 percent occupied, the new landlord said. : Kennedy Wilson, a Beverly Hills, California-based real estate firm, announced last week that it acquired 3001 Park for $155 million. The 528-unit property, 3001 W. Warm Springs Road, at Green Valley Parkway, is 95 percent occupied, the new landlord said. It's planning apartment and amenity upgrades "to enhance the renter experience." The acquisition brings Kennedy Wilson's Las Vegas-area apartment portfolio to over 2,300 market-rate units. Southern Nevada spent the past year grappling with the pandemic but also saw a burst of lucrative casino deals.
Jair Lynch Real Estate Partners Completes Acquisition Of Barcroft Apartments With Backing By Amazon & Arlington County
WASHINGTON, Dec. 30, 2021 /PRNewswire/ -- Jair Lynch Real Estate Partners ("Jair Lynch"), a leading owner and developer of mixed-use properties and attainable housing in the DC metro area, today announced the acquisition of Barcroft Apartments, the 1,334-unit, garden style apartment complex located along Columbia Pike in Arlington, VA. Jair Lynch purchased the 60-acre site, including two commercial parcels with 34,000 square feet of retail from the DeLashmutt family who built the complex in 1939 and have owned it since.
Goodegg Investments And Mesos Capital Acquire 248-unit Apartment Community In Leland, North Carolina | Benzinga
WILMINGTON, N.C., Dec. 29, 2021 /PRNewswire/ -- Leading commercial real estate firms Goodegg Investments and Mesos Capital are pleased to announce the joint acquisition of Waterleaf at Leland - a 248-unit class-A apartment community located in Leland, North Carolina. The teams are led by Julie Lam and Annie Dickerson at Goodegg Investments, and Pancham Gupta and Rajan Gupta at Mesos Capital. "We are proud to add Waterleaf at Leland to our growing portfolio in the Carolinas.