Multifamily

The new owners plan to spend approximately $3.2 million on a repositioning strategy, including renovation of common areas, amenities, and unit interiors.

The Three Fountains multifamily asset presented Westmount with the opportunity to acquire a well-positioned value-add property near Westover Hills in San Antonio, a market with job growth and a strong economy.

A luxury class is arriving in Downtown Los Angeles, and they are considering both for-sale and for-rent product.

Art Plaza, located at 58 NE 14th St., will include 577 two-bedroom units and 90 one-bedroom apartments, along with 11,764 square feet of street-level retail and restaurant space.

The fund will focus on acquiring subordinated and securitized debt issued by Fannie Mae and Freddie Mac.

WhyHotel operates pop-up hotels in newly-built luxury apartments, debuting its local model in DC's The Bartlett.

“We have the capability of having a very prosperous economy, if we use resources smartly,” former New Jersey Gov. Jim Florio says.

Major employers locating in the Alpharetta/Roswell area are all great amenities that make the property attractive, says Kevin Geiger, vice chairman at CBRE.