LOS ANGELES—RealShare Apartments kicked off Wednesday with its Multifamily Tech series, where audience members learned how they can leverage the right technology for success in all facets of their business.
MIAMI—“With growing demand and no new supply, rental rates and occupancies in the Fort Lauderdale CBD are expected to continue to grow well into the future.”
CONCORD, CA—Acquisition and construction financing of $72 million was acquired for both phases of Renaissance Square, with a 15-year term of three years interest only, followed by a 30-year amortization schedule, GlobeSt.com learns in this <b>EXCLUSIVE</b>.
SAN DIEGO—Synergies between the two regions in terms of cap rates and apartment-building size make San Diego the logical place for ABI Multifamily to expand its services, two of the firm's top executives tell GlobeSt.com <b>EXCLUSIVELY</b>.
RANCHO SANTA MARGARITA, CA—Plaza El Paseo, a 107,000-square-foot shopping center here, has sold to Plaza El Paseo Center LLC for $56.6 million thanks to a financing strategy devised by Faris Lee, GlobeSt.com learns <b>EXCLUSIVELY</b>.
MARINA DEL REY, CA—Creative office is the sweeping trend in the office market, but now, California Landmark is creating a luxury multifamily complex to match with its new $30 million D1 development.
DALLAS—Velocis purchased the property in 2012 and invested $1.5 million in property renovations, with substantial upgrades made to all six floors of the building and the parking garage, which resulted in positioning for a recent sale.
HOUSTON—Despite demand being slightly reduced because of oil prices, a multifamily builder says it cannot build townhomes fast enough in the Hadley Building, and will run out of inventory before delivery.
WASHINGTON, DC--Besides making Golden Triangle better connected, the new technology will help the BID maintain the area, BID Director Leona Agouridis tells GlobeSt.com.