Multifamily

Political leaders say proposed regulations are aimed at protecting tenants and affordable housing, while some landlord reps assert the proposals will hurt the marketplace.

The new extension will connect Phoenix, Tempe and Mesa, better accommodating the population and business growth.

New model homes opening within expanded sections of The Groves start from the $220,000s to $600,000s and include game rooms, outdoor living space and multi-car garages.

This project by Bright Realty is an expansion of the current 423-unit Discovery at The Realm multifamily complex and is one of several developments currently underway in the mixed-use community.

The 2,615 units in six cities represent Investcorp's largest US real estate portfolio acquisition in the last decade.

Washington Property Co.'s 8250 Solaire Georgia Ave. Apartment has leased about half of the building.

In his new role with NAP, he will be responsible for design, engineering, permitting, approvals, construction and management of the multi-phased Riverton program, a $2.5-billion, 5 million-square-foot mixed-use development on 400 acres on the Raritan River in Sayreville.

The 176-unit garden style multifamily development was sold by Nashville-based Carter-Haston. The deal for the property in Tampa's Bayshore submarket calculated out to a trade of $149,148 per unit.