Author

Channing Hamilton

The Wildwood Apartments in Richmond, Texas
Investment SalesNewsTexas

JLL Capital Markets Brokers Sale of The Wildwood Apartments in Richmond, Texas

by Channing Hamilton

RICHMOND, TEXAS — JLL Capital Markets has brokered the sale of The Wildwood Apartments in the Houston suburb of Richmond. Price Realty Corp. acquired the asset from Allen Harrison Co. for an undisclosed price. JLL also arranged a seven-year loan through New York Life Real Estate Investors for the new owner. The Wildwood Apartments was built in 2022. The community features one- and two-bedroom units. Amenities include a conservatory, dog parks, gated entry, a package room, a clubhouse with library and kitchen, a pool and a fitness center. Dustin Selzer led …

Continue Reading
0 FacebookTwitterLinkedinEmail
Belle Oaks Marketplace in Richmond Heights, Ohio
DevelopmentMidwestNewsOhio

DealPoint Merrill Begins Demolishing Mall in Cleveland Suburb for $250 Million Belle Oaks Marketplace Project

by Channing Hamilton

RICHMOND HEIGHTS, OHIO — DealPoint Merill has begun demolishing the historic Richmond Town Square Mall in the Cleveland suburb of Richmond Heights. The mall, which was built in 1966 on 71 acres, will be redeveloped into a mixed-use project called Belle Oaks Marketplace. Once completed, Belle Oaks Marketplace will comprise 40,000 square feet of dining options, 315,000 square feet of retail space, an outdoor entertainment venue and a 791-unit community. The total cost of the project’s development is expected to be $250 million.

Continue Reading
0 FacebookTwitterLinkedinEmail
Beals Street Apartments in Brookline, Massachusetts
Investment SalesMassachusettsNewsNortheast

Marcus & Millichap Brokers $5.3 Million Sale of Beals Street Apartments in Boston Suburb

by Channing Hamilton

BROOKLINE, MASS. — Marcus & Millichap have arranged the sale of Beals Street Apartments, a nine-unit property located in the Boston suburb of Brookline. Matthew Pierce of Marcus & Millichap’s Boston office marketed the property on behalf of the seller, an individual/personal trust, and procured the buyer, an LLC. Constructed in 1909, Beals Street Apartments six two-bedroom units and three studio apartments. The 12,280-square-foot asset sold for $5.3 million.

Continue Reading
0 FacebookTwitterLinkedinEmail
CaliforniaDevelopmentFinanceNewsWestern

Cityview, Stockbridge Begin Constructing 265-Unit Apollo in Los Angeles’ South Bay

by Channing Hamilton

LOS ANGELES, CALIF. — Cityview and Stockbridge have broken ground on Apollo, a 265-unit development in Los Angeles’ South Bay area. Two long-term lenders of Cityview, City National Bank and Banc of California provided construction financing for the project. Apartments at Apollo will come in studio, one- and two-bedroom floor plans. Planned amenities include a pool, co-working center, fitness center, courtyards, entertainment lounge, and a community room with a kitchen for community-hosted cooking classes. Apollo is slated for completion in 2025.

Continue Reading
0 FacebookTwitterLinkedinEmail
Build-to-RentDevelopmentNewsTexas

NexMetro Communities, Mosaic Break Ground on Build-to-Rent Community Near Austin, Texas

by Channing Hamilton

GEORGETOWN, TEXAS — NexMetro Communities has begun the development of Avilla Berry Creek, a 25-acre build-to-rent complex in the Austin, Texas suburb of Georgetown. Mosaic is the general contractor for the project. Avilla Berry Creek comprises 224 single-family detached homes and duplexes. Units come in one-, two- and three-bedroom floor plans. Amenities include a pool and clubhouse, community garden and a dog park. The total development cost of the project is $66 million.

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentLeasing & MarketingNewsNorth CarolinaSoutheast

The Bainbridge Cos. Opens 259-Unit Bainbridge Cary in Cary, North Carolina

by Channing Hamilton

CARY, N.C. — The Bainbridge Cos. has opened Bainbridge Cary in the Raleigh, North Carolina suburb of Cary. Bainbridge Cary offers one, two and three-bedroom apartments ranging from 692 to 1583 square feet in size. Units feature a full-sized washer and dryer, stainless steel appliances, quartz countertops, smart thermostats and a private patio or balcony. Amenities include a fitness center, dog park, pet spa, pool with cabanas, walking trail, game lawn, clubhouse, EV chargers and co-working spaces.

Continue Reading
0 FacebookTwitterLinkedinEmail
DUO Apartments in San Jose, California
CaliforniaFinanceInvestment SalesNewsWestern

IPA Arranges $62 Million in Acquisition Financing for DUO Apartments in San Jose, California

by Channing Hamilton

SAN JOSE, CALIF. — IPA Capital Markets, a division of Marcus & Millichap, has arranged $62 million in acquisition financing for DUO Apartments, a 301-unit asset in San Jose. The loan features a 10-year, interest-only term and is fixed at 5.4 percent. DUO Apartments was built in 2020 on a 4.6-acre site, 11 miles from San Jose’s downtown area. IPA’s Brian Eisendrath, Cameron Chalfant and Jake Vitta originated the financing on behalf of the undisclosed borrower. Salvatore Saglimbeni, Stanford Jones and Philip Saglimbeni brokered the sale of the leasehold interest.

Continue Reading
0 FacebookTwitterLinkedinEmail
Revital Gadish, CEO, Qira
Industry VoicesLeasing & MarketingMidwestNortheastOperationsSoutheastTexasWestern

Renter-Friendly Security Deposit Legislation Is a Sea Change for Property Managers

by Channing Hamilton

— By Revital Gadish, CEO, Qira — More than a third of Americans rent their homes, according to the U.S. Census Bureau. As such, the political landscape is evolving to fit their needs. An influx of new laws and proposed legislation has ensued, aimed at increasing transparency and fairness and avoiding financial hardship for tenants. Much of the ensuing legislation is focused on security deposits. The strictest of the bills bans security deposits entirely, while others are capping the amount landlords can charge as a security deposit. So far, Texas, …

Continue Reading
0 FacebookTwitterLinkedinEmail
IllinoisInvestment SalesMidwestNews

CP Capital Sells 236-Unit The Monarch in Des Plaines, Illinois

by Channing Hamilton

DES PLAINES, ILL. — CP Capital US has sold The Monarch, a 236-unit complex in the Chicago suburb of Des Plaines. The buyer and purchase price were not disclosed. CP Capital completed The Monarch in 2020. The community was fully leased at the time of sale. Amenities include a fitness center, pool, yoga studio, parking garage, game room, pet spa, dog park and clubhouse. The property is adjacent to Forest Preserves of Cook County, which offers numerous outdoor recreational activities and a network of hiking and biking trails.

Continue Reading
0 FacebookTwitterLinkedinEmail
The View on Grant in Columbus, Ohio
Investment SalesMidwestNewsOhio

Colliers Arranges $10.8 Million in Acquisition Financing for The View on Grant in Columbus, Ohio

by Channing Hamilton

COLUMBUS, OHIO — Colliers Mortgage has negotiated a $10.8 million in acquisition financing for The View on Grant in Columbus. Zach Shope of the Colliers Mortgage Atlanta office arranged the loan through Fannie Mae on behalf of an undisclosed buyer. The View on Grant is the adaptive reuse of a former five-story steel pressing factory. The community include 86 units, as well as a public café and a 43-space automatic stacked parking garage.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2026 France Publications, dba France Media Inc.