News

The property's developer, Alliance Residential Co. sold the 276-unit, class A apartment community, following its completion in 2020.

The firm has added four net-leased, mission-critical assets to its portfolio; bringing its year-to-date investment volume to $765 million.

It's a $15.3 million project that developers say acts on an urgent need for affordable housing in South Florida.

The original boundaries will not move under the latest guidance from the IRS.

In June 2014, it made its initial $450 million green bond offering.

Parallel entered into a long-term lease agreement with Innovative Industrial Properties as part of the deal, valued at approximately $68 million.

"The question we are asking: What is the highest and best use for the property?"

The firm has acquired a two-property 214-unit portfolio in Colton for $41 million as part of its acquisition strategy in the region.