Patrizia Buys $154M Multifamily Portfolio

AUGSBURG, GERMANY-Research shows that some 5,000 new apartments are needed annually in Stuttgart and Düsseldorf on average to meet demand.

By Allan Saunderson | June 25, 2010 at 11:26 AM

AUGSBURG, GERMANY-Locally-based listed residential investor Patrizia is paying about $154 million to acquire 508 apartments with floor space of nearly 538,000 square feet for its German special funds. This comprises apartments, residential properties under construction and project developments in D

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3 Job Growth No Longer Guarantees Apartment Demand in Most U.S. Cities

4 Multifamily Pipeline Logs Unexpected Bump

5 Housing Boom in San Mateo Sparks Debate Over Renter Protections

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Maracay Continues Land Assemblage for 572-Home Community

By John Jordan | October 01, 2018

Maracay officials say the firm intends to close on the third and last land purchase of 80 acres and 240 homesites in Chandler in early 2019.

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Summit Hotel Properties Acquires Boston-Area Hotel, Sells FL Property

By John Jordan | October 01, 2018

The Austin, TX-based hotel REIT also reports that it has closed on the sale of the 148-room Hyatt Place Fort Myers/at the Forum in Fort Myers, FL for $16.5 million or approximately $111,000 per key.

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Historically Low Industrial Availability Amps Up Urgency

By Lisa Brown | October 01, 2018

The ProAmpac campus recently purchased by an EverWest partnership totals three buildings in the Kent Valley submarket, one of Washington's most in-demand warehouse and manufacturing locations.