Essex assumes ownership of California asset
Multifamily Dive
by Leslie Shaver
4d ago
The REIT had provided a $14.7 million loan on the 75-unit community in Sunnyvale, which had been owned by Tilden Properties ..read more
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Grubb plans 3 retail redevelopments in Southern California
Multifamily Dive
by Mary Salmonsen
4d ago
The Los Angeles properties, formerly a Dollar Tree, a movie theater and other retail storefronts, will deliver a total of 375 new apartments ..read more
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$1.4B Detroit mixed-use tower tops out
Multifamily Dive
by Matthew Thibault
5d ago
The 685-foot-tall skyscraper is the city’s first in decades, and its second-tallest building ..read more
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Core Spaces launches wealth management platform
Multifamily Dive
by Mary Salmonsen
5d ago
The student housing firm has tapped brothers Tom and John Dine to lead the investment vehicle as managing directors ..read more
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Essex raises revenue guidance
Multifamily Dive
by Leslie Shaver
5d ago
Improvement in delinquencies helped power the REIT’s better-than-expected first-quarter numbers ..read more
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Aptitude Development to offer mental health support at its student housing
Multifamily Dive
by Mary Salmonsen
6d ago
Residents will have free access to the Counslr app ..read more
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Bozzuto makes first acquisition in 16 years with Gables purchase
Multifamily Dive
by Leslie Shaver
6d ago
With development becoming more difficult to underwrite, the company is focused on buying stabilized properties on the East Coast ..read more
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AVB beats estimates, raises guidance
Multifamily Dive
by Leslie Shaver
6d ago
Strong occupancy and low move-outs to buy homes gave the REIT pricing power into spring leasing season ..read more
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Quarterra Living exec leaves Lennar for Ashcroft Capital
Multifamily Dive
by Mary Salmonsen
6d ago
JoAnn Blaylock is now president of Birchstone Residential, Ashcroft’s in-house property firm ..read more
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Carleton Management Services’ new CEO sees a path for midsize firms
Multifamily Dive
by Leslie Shaver
6d ago
As operators go through a period of consolidation, Tasha Krawiec says some owners prefer smaller firms ..read more
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