News

COVID has encouraged potential buyers to move from urban apartments to suburban homes.

AvalonBay Communities sold the 110-unit apartment complex, which is located outside of New York City in the prestigious neighborhood of Bronxville.

The firm purchased a land site for $42 million to build a 275,000-square-foot office property.

The firm has agreed to sell a 586-unit property and a 522-unit property, owned with a joint-venture partner.

Cedar Realty Trust has sold the 430,198-SF, grocery-anchored shopping center to GSD CampHill Pradsavi Group LLC.

The $2.3 billion transaction gives Ventas an independent living portfolio in advantaged markets with positive supply-demand fundamentals.

Monarch plans to finish renovations undertaken by the prior owners and open a dining option within the property.

The new investment platform will focus on core-plus multifamily opportunities in the Western US.