WAKEFIELD AND ACTON, MASS. — Colliers International has brokered the $ 45.2 million sale of a two - community, 185 -
unit apartment portfolio outside of Boston.
Today, the Irvine, Calif. - based company has amassed a 4,500 -
unit apartment portfolio valued at $ 250 million, chiefly by acquiring properties from apartment REITs that are shedding non-core assets.
Not exact matches
Their
portfolio consists of single family homes, small multifamily properties, and a 24 -
unit apartment complex.
Dallas - based Lone Star, after acquiring the loans from Anglo Irish Bank, filed a lawsuit March 6 to foreclose on the
portfolio, which includes 473
units in 10 low - rise
apartment buildings in Washington Heights, Harlem and other neighborhoods in Upper Manhattan.
Alongside other investments, investors have looked to properties like houses,
apartment units, commercial properties and other types of real estate as a way of expanding their
portfolios, earning income and planning ahead for retirement or sending a child to university.
Tony Soh: In 2014 alone, we have added more than 2,600
apartment units to Ascott's
portfolio and are on track to achieving 40,000
apartment units globally by 2015.
• 484,594 serviced
apartments in 6,426 locations across The Americas and Canada, together with 70,300 corporate housing
units • US accounts for 25 per cent of the $ 100 billion global vacation rental sector, which is expected to be worth $ 170 billion by 2019 • Region accounts for region accounts for 58.61 per cent of the global serviced
apartment inventory • US corporate housing Average Daily Rate was $ 150 in 2016 • 800 extended stay hotels in Hilton
portfolio, with more than 500 in the pipeline, representing 15 per cent of the Hilton
portfolio • 1 serviced
apartment, branded residence, aparthotel, corporate accommodation and short - term rental conference and exhibition for the Americas • US corporate housing inventory is estimated at 66,863
units • Around 7,700 serviced
apartments in 95 locations across LATAM region • US corporate housing revenues increased 10.2 %, to $ 3.2 billion in 2016 • Canadian corporate housing revenue is an estimated $ 278 million.
They involve the addition of more than 2,400 new
apartment units, which will almost double Frasers Hospitality's China
portfolio, bringing it to 26 properties with more than 5,900 serviced
apartment units in 14 key cities and second - tier cities.
The company's
portfolio of property investments includes interests in 16 million sq. ft. of leasable space in 42 retail centers, 34,032 residential
units in 114
apartment communities, 7.2 million sq. ft. in 24 office buildings and 2,936 rooms in nine hotels.
A 1,000 -
unit portfolio of
apartment properties in Ft. Myers, Fla., has sold for $ 71.3 million.
My current end game is to start picking up 5 - 10
unit apartments and consolidating my
portfolio out of single - family homes and into commercial properties.
Those 23
apartment communities, totaling 8,507
units, are a triumph for AvalonBay, which has been working to increase its
portfolio in Southern California for several years.
And normally speaking, with any
portfolio or
apartment, I highly recommend that you walk every single
unit for due diligence.
Orlando
Apartment Portfolio Sells for $ 150 Million «In a transaction handled by CBRE Capital Markets, a 1,024 - unit multifamily portfolio in Orlando was acquired this week by Atlas Residential for $ 150
Portfolio Sells for $ 150 Million «In a transaction handled by CBRE Capital Markets, a 1,024 -
unit multifamily
portfolio in Orlando was acquired this week by Atlas Residential for $ 150
portfolio in Orlando was acquired this week by Atlas Residential for $ 150 million.
Equity paid a high $ 367,003 per stabilized
apartment unit for the
portfolio, or a low capitalization rate is approximately 5.0 percent.
The
portfolio consists of 27 high - quality
apartment communities, or 8,010
units, located in major markets across the United States.
Going forward, Equity also plans to sell an additional 26 properties totaling 4,728
apartment units, one at a time or in small
portfolios, including all of the company's assets in Connecticut and in non-core sub-markets of Massachusetts.
The Bethlehem, Pa.
portfolio was purchased from a local owner in an off - market transaction and includes a mix of
apartment buildings and townhouses totaling 108
units with 394 beds across 50 properties.
Morgan Properties closed a $ 1.2 billion series of loans to refinance a portion of its multifamily
portfolio encompassing 73
apartment communities containing 13,799
units.
Memphis - based Fogelman Properties has been an active acquirer of
apartment buildings over the past year, with a current
portfolio that now spans 4,400
units in 17 communities.
Located at 257 Quincy St. in Brooklyn, the 21 -
unit apartment building was acquired as part of a three - building affordable multifamily
portfolio.
Our
portfolio of 49 properties spans over 6.3 million square feet of commercial space and over 4,268 multifamily
apartment units.
From modest beginnings, Stonehenge currently owns and manages an impressive
portfolio consisting of 23 residential
apartment buildings which include over 3,000
units all of which are located in Manhattan.
While building his
portfolio, he has built an incredible network of real estate professionals, and looks forward to acquiring 5,000
apartment, multi family, and mobile home
units in the next three years.
Since then, Kyle has organically grown a small 32 -
unit portfolio of duplexes and small multifamily
apartments.
The company secured a 185 -
unit suburban
apartment portfolio from True North Capital Partners for $ 45.2 million.
OBP Partners has acquired a two - community, 185 -
unit suburban
apartment portfolio in the Boston area from True North Capital Partners for $ 45.2 million.
Across his
portfolio, which spans 5 states, he has developed, owns and manages over 200,000 sq. ft. of retail / restaurants and office space, over 700
apartment units and 2 hotels.
Glassridge can fund deals from 5 to 400 +
units, including refinancing existing
apartment building (s) and
portfolios, as well as funding
apartment building rehab / renovation projects.
«You don't want to confuse rent growth, occupancy or architectural attractiveness with the top markets for investments,» warns Jeffrey Friedman, chairman, president and CEO of Associated Estates Realty Corp., a Richmond Heights, Ohio — based
apartment REIT with a
portfolio of 52 properties containing 13,950
units in 10 states.
In 2012, HGI affiliates acquired Sun Lake, a 600 -
unit apartment community in Orlando for $ 40 million, and a
portfolio of three properties totaling 1,218
units in Ft. Lauderdale, West Palm Beach and Orlando for $ 99.7 million.
Pollack is a 30 - year veteran of operating and investing in Midwest
apartments, though his company recently liquidated all but 1,500
units of a 5,000 -
unit portfolio and plans to build new
portfolios in Florida, the Southwest and select Midwest cities.
Their
portfolio consists of single family homes, small multifamily properties, and a 24 -
unit apartment complex.
The company has expanded its nationwide property management
portfolio with the addition of 189 condo and
apartment units outside Columbus.
Bill Ham has been investing in real estate for 8 years and has created a
portfolio of nearly 400
apartment units in Macon, GA..
Having worked on both approaches, building a
portfolio of SFR and small MF rentals; as well as working on a sponsor team in raising capital for the purchase of a large 300 +
unit apartment, I discovered 5 reasons why MF deals can work and make sense alongside a DIY approach.
Both A&E and Urban American hold
portfolios of
apartment buildings containing a significant percentage of
units that are rent - regulated.
The Clinton Hill Multifamily
Portfolio is a 79 - unit, 3 - building prewar apartment portfolio located in the Brooklyn neighborhood of Clin
Portfolio is a 79 -
unit, 3 - building prewar
apartment portfolio located in the Brooklyn neighborhood of Clin
portfolio located in the Brooklyn neighborhood of Clinton Hill.