News

LOFT-Realpage
Leasing & MarketingNewsOperationsTechnologyTexas

RealPage Acquires Flexible Payment Company

by Lynn Peisner

RICHARDSON, TEXAS — RealPage has acquired Livble, a flexible-payment company, and will incorporate the new payment technology into two of its own software solutions, LOFT and Buildium. LOFT is a resident-facing app RealPage launched in January. LOFT’s payment function allows users to pay their rent traditionally, directly from their bank in one lump sum, or residents can pay in two installments. With the Livble technology, residents now can split up payments into up to four installments per month. RealPage assumes nonpayment risk and manages collections should residents not pay. In …

Continue Reading
0 FacebookTwitterLinkedinEmail
Blue-Rock
CaliforniaFinanceNewsWestern

Prime Residential Secures $91.5 Million Loan to Refinance Bay Area Asset

by Lynn Peisner

VALLEJO, CALIF. — Prime Residential has received a $91.5 million loan to refinance Blue Rock Village, a 560-unit property the company owns in Vallejo, 36 miles north of San Francisco. Walker & Dunlop’s Bryan Frazier and Blake Hockenbury arranged the 10-year, full-term interest-only loan at a fixed rate from Freddie Mac. Blue Rock Village was developed in two phases in the mid 1980s. The property consists of 41 buildings housing a total of 560 units, a leasing office, a fitness center and a maintenance building, all situated on about 36 …

Continue Reading
0 FacebookTwitterLinkedinEmail
Penrose-Frisco-Southstone-Yards
DevelopmentNewsTexas

Rosewood Breaks Ground on 382-Unit Project in Frisco

by Lynn Peisner

FRISCO, TEXAS — Rosewood Property Co. and equity partner MetLife Investment Management, the institutional asset management business of MetLife, have broken ground on Penrose, a 382-unit property in Frisco. Located on a 5-acre site at 4301 Tributary Way, Penrose is a part of the Southstone Yards masterplan, a pedestrian-oriented, 45-acre, mixed-use project featuring multiple phases of development with such uses as office, residential, restaurant, hotel and green space. Completion of the greater Southstone Yards development is slated for 2030, while Dallas-based Rosewood is estimating a fall 2027 completion date for …

Continue Reading
0 FacebookTwitterLinkedinEmail
Peakmade-Olathe
Build-to-RentDevelopmentKansasMidwestNews

PeakMade Breaks Ground on Kansas City-Area BTR Project

by Lynn Peisner

OLATHE, KAN. — PeakMade Real Estate and Blue Vista Capital Management have broken ground on Olathe Commons, a build-to-rent (BTR) community in the Kansas City suburb of Olathe. Developers anticipate leasing will begin in August 2026 with a final project completion date slated for September 2027. Construction financing was provided by Old National Bank, and Open House Group is a joint venture limited partner for the project. Olathe Commons will be comprised of 60 single-family cottages and 154 townhomes. Units will feature two- to four-bedroom layouts with select floorplans offering …

Continue Reading
0 FacebookTwitterLinkedinEmail
Allure-on-Enterprise
Build-to-RentFloridaInvestment SalesNewsSoutheast

Cushman & Wakefield Brokers Central Florida BTR Deal

by Lynn Peisner

DEBARY, FLA. — MTK Developments has sold Allure on Enterprise in DeBary for an undisclosed cost.  KRI Partners bought the build-to-rent property that sits 26 miles north of Orlando, Florida. Cushman & Wakefield’s Nick Meoli, Joey Blakley and Mike Donaldson represented MTK in the transaction. Completed in 2023, Allure on Enterprise was 98 percent occupied at the time of the sale. It includes amenities such as gated access, a clubhouse, a resort-style pool, a fitness center and yoga studio, a dog park with a wash station, an electric vehicle charging …

Continue Reading
0 FacebookTwitterLinkedinEmail
Legend-Oaks-Tampa
BerkadiaFinanceFloridaNewsSoutheast

Berkadia Arranges $107.3 Million Refinancing of Three Vintage Properties In Central Florida

by Lynn Peisner

ORLANDO, FLA. — Berkadia has arranged $107.3 million in debt to refinance a three-property, 944-unit portfolio owned by Tampa, Florida-based Robbins Property Associates. The assets are located in and around Orlando. Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler and Brad Williamson and Vice President Hugo Hernandez of Berkadia Boca Raton and Miami arranged the 10-year, fixed-rate Freddie Mac loan. The deal closed on June 30. The properties are the 460-unit Briarcrest at Winter Haven, built in 1972; Legend Oaks in Tampa with 416 units that was constructed in …

Continue Reading
0 FacebookTwitterLinkedinEmail
The_Caroline
DevelopmentLeasing & MarketingNewsTexas

Hunt Development Group Opens Leasing at Caroline Eastside in Dallas Metro

by Lynn Peisner

RICHARDSON, TEXAS — Hunt Development Group has launched leasing at Caroline Eastside, a newly completed community developed in Richardson. The 384-unit property features many amenities including: a two-level fitness center with a yoga room; a resort-style pool with an indoor, air-conditioned pool house; a game lawn; coworking spaces; a dog park and dog-washing facilities; a rooftop deck with a coffee bar; and property-wide, high-speed WiFi. In Richardson, which is 15 miles north of Dallas, Hunt also has developed The Mallory Eastside, a 281-unit property that was completed in 2017.

Continue Reading
0 FacebookTwitterLinkedinEmail
woodmont-liberty-apts-independence-nj
Investment SalesNew JerseyNewsNortheast

Woodmont Properties Sells New Jersey Community for $43 Million

by Lynn Peisner

INDEPENDENCE TOWNSHIP, N.J. — Sage Investment Real Estate Advisors has arranged the $43 million sale of Woodmont Liberty Apartments in Independence Township 60 miles west of New York City. Sage’s co-founding Partners Steve Tragash and Greg Pine represented the seller, Woodmont Properties, and procured the unnamed buyer. Woodmont Properties developed the property in 2023. The 120-unit community is comprised of one- and two-bedroom floor plans. Amenities include smart-home technology, private patios or balconies in select units, a fitness center, pool, clubhouse, coworking spaces, resident lounge, dog park and an outdoor …

Continue Reading
0 FacebookTwitterLinkedinEmail
Jigzibik-Rendering
Affordable HousingDevelopmentIllinoisMidwestNews

Skender, Full Circle Break Ground on Native American-Focused Affordable Housing Project in Chicago

by Lynn Peisner

CHICAGO — Full Circle Communities, in partnership with Native American-led nonprofit organization Visionary Ventures, is developing Jigzibik, an affordable housing development in Chicago. Skender, the general contractor on the project, broke ground on July 11. The 62,000-square-foot, seven-story mixed-use development will serve Native American communities. Jigzibik’s 45 units will be reserved for residents earning between 15 and 60 of area median income. Canopy Architecture + Design is the architect. The building will feature ground-floor office space for Native American-serving nonprofits, spaces for artists and makers, a computer lab and library …

Continue Reading
0 FacebookTwitterLinkedinEmail
York-Farm-Estates
Investment SalesNew YorkNewsNortheast

HVT Realty Sells Westchester County Asset for $15.8 Million

by Lynn Peisner

YORKTOWN HEIGHTS, N.Y. — Marcus & Millichap has arranged the trade of York Farm Estates between seller, HVT Realty, and buyer, Westchester Management LLC. Marcus & Millichap’s Matthew Gault, Seth Glasser, Michael Turkiewicz and Michael Fusco marketed the property on behalf of the seller and procured the buyer. Built in 1996, York Farm Estates is fully occupied and sits on 8 acres. Units are a mix of one-, two- and three-bedroom apartments. The property is located in Yorktown Heights, a city in Westchester County, 42 miles north of Manhattan.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2025 France Publications, dba France Media Inc.