The multifamily community owner Morgan Properties has acquired a portfolio of 11 multifamily properties throughout Pennsylvania from the original developer and owner, The DePaul Management Company. The acquisition encompasses 3,434 units in the suburbs of Philadelphia...
Multifamily developer Wood Partners is expanding its northeast presence with its first projects based in Rhode Island and New Hampshire. The company’s Alta Altitude in Rhode Island is designed as two four-story buildings containing 214 apartment homes with an...
Realtex Inc., a San Francisco-based multifamily real estate investment company, has launched a new seed fund aimed at capitalizing on midsized value-add U.S. multifamily opportunities. The fund will focus on acquiring and enhancing multifamily properties ranging from...
A real estate fund managed by the real estate investment firm Kennedy Wilson has teamed with Haseko Corporation, a Japanese construction and development company, to acquire a pair of multifamily communities in Vancouver, Washington, for $90 million. The portfolio...