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WOODBRIDGE, NJ—Joni Sweetwood, a senior vice president with The Kislak Company, Inc., is driving substantial activity for the firm in Essex and Union Counties, with $18.3 million in sales involving 219 residential units completed in the second half of 2014.
NEW YORK CITY—Equity Residential had one of its best years in 2014, CEO Neithercut said last week. Find out how EQR and 14 other public companies performed.
WASHINGTON, DC—No crystal ball here, but NAREIT's Brad Case notes that the real estate cycle is much longer than the stock market's, which suggests strong performance will continue.
PHOENIX—CBRE facilitated the sale of Papago Arroyo, a three-building office complex in Tempe. The 279,503 square foot, two-story office buildings is located in the geographic heart of metropolitan Phoenix, and the highly desirable Tempe office market. The asset commanded a sale price of $40.85 million.
PHOENIX—Thomas Bradford Communities has acquired Newport Mesa Apartments at 1620 W. Southern Ave. in Mesa's Fiesta District and is launching an urban repositioning campaign that will bring a fresh, updated feel to the 156-unit property.