Multifamily

This is the local developer's third residential project in East Harlem.

Seven value-add apartment properties totaling 2,239 units were recently purchased by Blue Stone Premier Properties LLC, with the majority in Houston and one in Stafford, TX.

GlobeSt.com and Real Estate Forum pick this year's key projects and companies to celebrate. Those featured have had a hand in locating adaptive reuse solutions across the country or are working on key projects in Opportunity Zones across the country.

In moves to provide greater support for historic preservation initiatives in Philadelphia, the legislation, if passed, would allow by-right zoning for special purpose historic buildings, reduce parking requirements for historic building redevelopment and allow accessory dwelling units in historic buildings.

Prism, who will be operating partner, will redevelop the former car dealership site into a development that will feature 232 apartments and 12,000 square feet of retail space.

A 16-unit apartment complex trades hands in the thriving South Bay submarket near El Segundo.