News

ZG Capital Partners Acquires Bronx’s Bruckner Building

Mariah Brown | January 17, 2020

ZG Capital Partners has acquired the Bruckner Building in the Bronx submarket for $65 million. The eight-story office building at 2417 Third Ave. in Mott Haven sits along the waterfront and is slated to benefit from strong appreciation in the burgeoning market.

News

Aventon Companies Breaks Ground on $100M Development

Ingrid Tunberg | January 17, 2020

The luxury apartment community, located in Montgomery County, MD, will feature more than 15,000 square feet of amenity space.

News

Hamilton Zanze Acquires Two Multifamily Assets

Ingrid Tunberg | January 17, 2020

The apartment communities, obtained from Aimco, comprise 376 units in Columbia, Maryland.

News

Daiwa House USA’s Initiative Looks to Expand Trumark

Lisa Brown | January 17, 2020

Daiwa House USA will acquire 60% of the equity interest in Trumark and will commit to make additional capital contributions as funding to further develop Trumark’s business.

Features

TD Bank Funds Fort Lauderdale Public Housing Renovation

John McCurry | January 17, 2020

“Adding new affordable housing has been a major focus of the bank.”

Features

Value-Add Jacksonville Apartment Trades to New-to-Market Buyer

John McCurry | January 17, 2020

“Jacksonville continues to have an abundance of value-add opportunities coming on market, which has put the metro on the top of many buyer’s target lists right now.”

Fast E-Commerce Growth Fuels Northeast Industrial Development

Mariah Brown | January 17, 2020

The Northeast industrial region, with more than 30.6 million consumers and more than a third of the nation’s population within an eight-hour drive, has been a primary focus of industrial activity.

News

Bridge Investment Allocates $4.5B to Multifamily and Debt Strategies

Mariah Brown | January 17, 2020

Bridge Investment Group, a privately-held real estate investment management firm, plans to complete a capital deployment of $4.5 billion of equity over the next three years.

Features

Is Miami on Its Way to Dropping Controversial Special Area Plans?

Lidia Dinkova | January 17, 2020

A city planning board recommended a flat out repeal of the zoning provision that allows developers to build big, dense projects.

News

PA Firm Acquires Avalon Multifamily in Shelton, CT

John Jordan | January 17, 2020

The new ownership states that while the acquisition will provide immediate cash flow, Merion’s investment strategy includes the implementation of a value-add strategy including: unit interior upgrades, clubhouse and common area refresh, LED lighting upgrades, and property amenity upgrades.