The real estate investment firm Kennedy Wilson has partnered with the Japanese construction company Shimizu Corp. to develop Caldwell, a 382-unit luxury multifamily community in the Atlanta suburb of Sandy Springs, Georgia. The community, which is being built on the...
A pair of vacant Connecticut office buildings have been acquired for redevelopment as multifamily housing. A joint venture of the developers Saber-Hightower LLC and Granoff Real Estate closed on the acquisition of 101 and 201 Merritt 7, in the Merritt 7 office park in...
The national multifamily vacancy level is predicted to increase to 8.2% by the end of this year before easing to 8.1% at the end of 2027, according to a new forecast by Apartments.com, an online marketplace of CoStar Group Inc. (NASDAQ: CSGP). Stabilized vacancy is...
Equiton, a real estate investment firm based in Burlington, Ontario, has launched its US Apartment Fund (Equiton US Residential Income Fund Trust). The fund is Equiton’s fifth open-ended private real estate fund and its first focused on the United States....
Spirit Investment Partners has teamed with Strategic Value Partners LLC on the off-market acquisition of an 895-unit Texas-based portfolio from Resia, the US multifamily real estate and modular manufacturing subsidiary of the Brazilian homebuilder MRV&Co. The...