23+ hour, 43+ min ago   (184+ words) Yield PRO The Portofino Place east and west apartment community in West Palm Beach sold for a combined $208 million in two deeds. Cortland Partners sold the 812 apartments at 4400 and 4600 Portofino Way to Fairfield Residential. It comes out to $246,000 a unit....

3+ day, 18+ hour ago   (312+ words) Spandrel Development Partners announced major plans for the mixed-use transformation of a former office tower will include 399 unbranded residences and a 200-key W Hotels property. Plans have been filed to transform the mostly vacant 32-story 400 South Tryon tower into nearly…...

2+ day, 21+ hour ago   (182+ words) yieldpro.com Built in 2002, the community includes 336 apartment homes across 25 buildings. The Housing Finance Authority of Miami-Dade County is the project’s public partner. NEI General Contracting will serve as the general contractor, and Hooker DeJong will serve as the architect....

2+ day, 22+ hour ago   (398+ words) Marcus & Millichap Arranges $5.4M Sale and $3.8M Financing of 20-Unit Multifamily Property in Los Angeles Yield PRO Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale and financing of…...

3+ day, 18+ hour ago   (180+ words) Kennedy Wilson has unveiled plans for Caldwell, a 382-unit luxury community in Sandy Springs, Georgia. The $139 million project, the firm’s first in the state, is being developed through a partnership with Japanese construction company Shimizu Corp. Caldwell is being developed…...

3+ day, 18+ hour ago   (468+ words) Yield PRO Waterton, a national real estate investor and operator, announced it has acquired Reserve at Chino Hills, a 482-unit rental community in Chino Hills, CA. The 20-acre garden style community at 4200 Village Dr. comprises 46 residential buildings and a clubhouse....

3+ day, 20+ hour ago   (97+ words) yieldpro.com The development offers 12 supportive apartments for residents who will receive on-site services through the YMCA of Binghamton and Broome County. The supportive apartments are funded by an Empire State Supportive Housing Initiative and administered by the New York…...

4+ day, 21+ hour ago   (176+ words) Community partners and public- and private- sector stakeholders came together yesterday to celebrate the Grand Opening of MidPen Housing’s Jessie Street Terrace in Santa Cruz. “Jessie Street Terrace demonstrates the transformative impact of state investment in affordable housing,” said Matthew…...

4+ day, 21+ hour ago   (416+ words) Yield PRO Subtext, a national real estate company focused on elevating the resident experience, has officially opened VERVE Tempe, a new 15-story, 769-bed student housing development near Arizona State University. Located at 1047 S. Terrace Road, the 479,388-square-foot project includes 240 units ranging…...

1+ week, 3+ day ago   (196+ words) The cottage-style community was designed by Niles Bolton Associates, while Landmark Construction, the in-house construction arm of Landmark Properties, served as general contractor. The Retreat at Bunn Hill offers 161 units in a mix of two- to five-bedroom apartments. Each residence…...