Amalia Otet
Amalia Otet leads publishing and content for Yardi products, where she turns real estate data and market trends into stories that inform and inspire. Outside of work, Amalia strives to live beautifully - one green step at a time.
Parallel Capital Partners Acquires Class AA Business Complex in Irving
San Diego-based Parallel Capital Partners, Inc. completed the acquisition of Urban Towers, a Class AA business center in Irving, in a deal that marks the company’s re-entrance into the Dallas market.
Gelt Buys Tempe M-F Complex for $15M; IHG Opens Holiday Inn Express in Scottsdale
In a $15 million deal, Gelt Inc., has purchased Versante Apartments, a 240-unit multi-family complex in Tempe. The Tarzana, Calif.-based company made the value-add transaction with Prudential Real Estate Investors.
HFF Secures $188.8M Financing for Post Oak Central
By Amalia Otet, Associate Editor Commercial real estate and capital markets service provider HFF has secured $188.8 million in financing for Post Oak Central, a three-building office, retail and parking complex in Houston’s Galleria area. Working exclusively on behalf of Atlanta-based Cousins Properties Inc., HFF placed the seven-year, non-recourse, fixed-rate mortgage loan with TIAA-CREF, according […]
Plaza Cos. Plans Fall Start for SkySong’s 3rd Office Building
Plaza Cos. plans to break ground this fall on the third office building at SkySong -The ASU Scottsdale Innovation Center. To be located at 1475 North Scottsdale Road, near the 42-acre mixed-use development’s signature shade structure
Affordable Housing Community for Veterans Opens
The City of Houston recently celebrated the official opening of Travis Street Plaza, a new 192-unit permanent housing community for very low-income, homeless, and disabled veterans.
Behringer Harvard, Trammell Crow Kick Off Upscale M-F Project
Behringer Harvard Multifamily REIT I, Inc. (the REIT) along with joint venture partner Trammell Crow Residential (TCR) officially broke ground on The Alexan, a 10-story apartment community situated on Goat Hill, northwest of downtown Dallas.
Inland American Pays $103M for Student Housing Project in Tempe
One of Phoenix’s hottest property types, student housing, is on the rise thanks to constant demand and enrollment increases at Arizona universities.
CDC to Kick Off Phase One of Multi-Billion-Dollar Community in Houston
CDC Houston Inc., a subsidiary of Coventry Development Corp. of New York, unveiled plans for phase one of Springwoods Village, a $10 billion, 1,800-acre mixed-use community in Spring, just south of The Woodlands and 20 miles north of downtown Houston. Springwoods Village Town Center will include approximately 250 luxury apartment […]
UDR, MetLife Form Partnership for Luxury Development in Addison
Denver-based UDR Inc. formed a partnership with MetLife Inc. to own and further develop the master-planned community known as Vitruvian Park in Addison.
Grand Canyon U. Picks DMB Site in Mesa for New Campus
Grand Canyon University will locate its second East Valley campus at Eastmark, a 3,200-acre master-planned community being developed by DMB Associates in Mesa. GCU will purchase 100 acres, with an option to buy 60 additional acres. “In selecting the Eastmark site, we were especially impressed with the integrated community concept […]