A father and son team were indicted for their roles in a scheme to defraud investors of more than $280 million in two municipal bond offerings tied to the construction of the 320-acre Legacy Park sports complex in Mesa, Arizona. Randy Miller is the former chairman and...
Knightvest Capital, a Dallas-headquartered multifamily investment firm, announced the promotion Madison Tappan to chief investment officer. In this role, Tappan will oversee Knightvest’s acquisition strategy and lead efforts to expand the firm’s...
The BW, a 78-unit apartment asset with 2,300 square feet of ground floor retail in the Brentwood neighborhood of Los Angeles, has been sold for $58.1 million, or $744,872 per unit. The property was completed and offers a mix of studios, one-, two- and three-bedroom...
Neighborhood Ventures, an Arizona-based real estate crowdfunding company, has acquired Venture on 52nd Street, a foreclosed 71-unit multifamily property in the Arcadia neighborhood of Phoenix, for $11 million. The transaction marks the second time Neighborhood...
Morgan Properties, the real estate investment and management company headquartered in Conshohocken, Pennsylvania, has acquired a portfolio of 3,054 multifamily units across 11 assets in eight Midwest states from Trilogy Real Estate Group for $501 million. The...
A joint venture between an affiliate of Starwood Capital Group and an affiliate of Land Strategies Management (dba Starwood Land) has completed an $800 million acquisition of a portfolio of master-planned communities in Texas from Hines, the real estate investment...