Ioana Neamt
Griffis Residential Pays $40M for Strathmore Apartments in Lafayette, CO
Griffis Residential, a Denver-based multifamily investment and management company founded in 2012 recently announced the purchase of the 208-unit Strathmore Apartments community in the metro Denver area of Lafayette, Colorado.
Chicago Officials Debut Art-Centered Mixed-Income Community in the City’s Grand Crossing Neighborhood
Chicago Mayor Rahm Emanuel, together with the Chicago Housing Authority (CHA) and artist Theaster Gates recently announced the grand opening of the Dorchester Art + Housing Collaborative, a 32-unit mixed-income community in the Greater Grand Crossing area on Chicago’s South Side.
Mandel Group Expands Presence in Minnesota with Purchase of 282-Unit Lemay Lake Apartments in Eagan
Mandel Group, Inc., a Milwaukee-based real estate services company recently announced the purchase of Lemay Lake Apartments, a 282-unit market-rate apartment community in suburban Eagan, Minnesota.
MC Cos. Buys 256-Unit M-F Complex in South Tulsa; Plans $2M Upgrade
MC Companies, a full-service real estate investment and management company headquartered in Scottsdale, Arizona has acquired The Galleria, a 256-unit, value-add apartment community located in South Tulsa.
Canyon Capital Realty Expands Portfolio with the Purchase of Two Apartment Communities in Suburban Chicago
Canyon Capital Realty Advisors, the real estate direct investing arm of Canyon Partners, LLC, a Los Angeles-based investment and management company with roughly $24 billion in assets, recently announced the purchase of two suburban Chicago-area apartment communities, the Preserve at Carol Stream and Eagle Creek in Westmont, IL.
Lowe Enterprises Acquires 360-Unit St. Moritz Apartment Community in the Denver Area
Lowe Enterprises Investors (LEI), a Los-Angeles based provider of real estate investment and services and a subsidiary of Lowe Enterprises recently announced it has purchased the St. Moritz apartment community in the North Lakewood area of Denver, in joint venture with an investment client.
INTERNATIONAL: Safra Shells Out $1B for The Gherkin in London
The Safra Group, an international network of companies led by Brazilian billionaire Joseph Safra has bought 30 St. Mary Axe in London, also known as The Gherkin due to its unusual shape.
90 North Completes Purchase of The Reserve at Deer Park Office Building in Chicago
London-based 90 North Real Estate Partners recently announced it has arranged the sale of The Reserve at Deer Park, a 351,425-square-foot, Class A office building in suburban Chicago, RealEstateJournals.com reports.
The True Life Companies Plans Large Residential Development in Thornton, CO
The True Life Companies, a major supplier of lots and lands to America’s top home builders, recently announced the acquisition of 204 acres of land in the Denver suburb of Thornton.
In a U.S. First, Hines Plans Tall Wood-Frame Building for Minneapolis
Hines Interests, one of the world’s largest real estate organizations with offices in 18 countries, recently revealed plans to develop a speculative office building in Minneapolis’ North Loop neighborhood, the Star Tribune reports.