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PRESS RELEASE: Performance Properties Launches New Partnership to Acquire Value-Add Multifamily Properties

2013-12-03 19:45:00| National Real Estate Investor

connie g. Performance Properties LLC has acquired the 416-unit Vista Buena Apartment Homes in North Dallas as the first property for its brand-new partnership targeting value-add multifamily assets from $10 million to $20 million. read more

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PRESS RELEASE: Carroll Organization Acquires Three Multifamily Properties Located in Tampa, FL and Charlotte, NC

2013-12-03 17:41:00| National Real Estate Investor

Eric Waters Carroll Organization, one of the country’s leading privately-held real estate companies focused on multifamily investment, management, and development has acquired three multifamily properties located in Florida and North Carolina. The portfolio previously owned by Camden Property Trust (NYSE: CPT), includes Camden Bay Pointe and Camden Citrus Park in Tampa, Florida, as well as Camden Habersham in Charlotte, North Carolina. read more

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PRESS RELEASE: Marcus & Millichap Capital Corp. Arranges $5.3 Million Multifamily Mid-Rise Acquisition Loan

2013-12-03 17:13:00| National Real Estate Investor

Gina Relva Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate financing and capital markets expertise, has arranged $5.3 million of debt for an apartment complex in Philadelphia. read more

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PRESS RELEASE: Nadel Architects-Designed Multifamily Complex Now Open in Marina Del Rey

2013-12-02 22:41:00| National Real Estate Investor

The Hoyt Organization Designed by Nadel Architects, the Shores multifamily development is now open for rent at 4201 Via Marina in Marina del Rey, Calif. The $165 million complex was created by Jerry Epstein and actor Kirk Douglas, developers of Shores, LLC; and Herb Nadel. read more

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PRESS RELEASE: Ariel Property Advisors Sells Two Multifamily Buildings for $15 Million

2013-12-02 20:26:00| National Real Estate Investor

Gail D. Ariel Property Advisors has announced the sale of two adjoining multifamily properties at 556-562 West 126th Street, steps from Columbia University's new 17-acre Manhattanville campus. The buildings sold for $15 million, which translates to $384,615 per unit. The sales team of Shimon Shkury, Victor Sozio, Michael A. Tortorici, and Jesse Deutch represented the seller and procured the buyer, both real estate investors.  read more

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