The 6.4-acre multifamily development site in Union Township, NJ was acquired from Sherwood Group Assoc. for $6 million.

Nuveen and Jair Lynch Real Estate Partners purchased the 408-unit, Potomac Vista Apartments from FCP.

The industry organization has additionally appointed five new members to its board of directors, effective July 1, 2020.

The company expects to break ground on the first phase of the 36-acre development in Cayce, SC in late 2021.

Further expanding its greater Philadelphia multifamily capital markets team, CBRE has hired Brad Megay to serve as an associate.

The Buccini/Pollin Group has acquired the 622-room hotel from Sunstone Hotel Investors; further expanding its lifestyle portfolio of Marriott-affiliated assets.

The co-working company and Armada Hoffler Properties have mutually agreed terminate the two-story, 69,000-square-foot lease.

The tech-driven, multifamily operator has opened a new, 223-bed building in partnership with City Pads, in order to provide attainable housing to Illinois Medical District workers.