News

High Street Delivers River Oaks Rental Community

Texas + Apartment Buildings

High Street Residential has delivered the Rone Residences, a multifamily community near Houston’s River Oaks/Upper Kirby neighborhood. Residents have already begun to move into the luxury apartment community. Rone Residences is located at 2311 Westheimer Road and features 209 apartments and approximately 2,900 square feet of retail. The complex offers four levels of parking, a...

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Knightvest, ColRich Ink Deal on Phoenix Rental Community

Phoenix & Southwest + Apartment Buildings

Knightvest has sold a Phoenix rental property for $62.3 million. ColRich purchased the 292-unit downtown multifamily community. Built in 2016, Mason Oliver is comprised of two stand-alone podium buildings separated by one block. Each building offers a full suite of amenities, including two swimming pools and spa areas with barbecue grills, two fully equipped fitness...

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People & Companies News for Week Ending July 31, 2025

Canada + Apartment Buildings

Panattoni has appointed Brad Hoffman as its new managing partner for Canada. He had been Panattoni’s executive vice-president for the past 19 years. SolarBank Corporation has changed its name to PowerBank Corporation. The change “reflects the company’s strategic focus, market opportunity and established position as a trusted provider of power and energy solutions that extend...

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Developer Scoping 1 Million-SF Mixed-Use Project at Long-Closed Nashville Hospital Site

Atlanta & Southeast + Apartment Buildings

Holladay Properties is considering redeveloping the 22-acre site where the vacant Donelson Hospital on Lebanon Pike stands. The company has submitted plans to rezone land at 3055 Lebanon Pike to allow for a mixed-use project. The site, now called Donelson Corporate Center, once housed the Donelson Hospital, which closed more than a decade ago. It...

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Hamilton Point Purchases 300-Unit Lakeland Apartment Community

Florida & Gulf Coast + Apartment Buildings

Hamilton Point acquired the 300-unit Bridgewater Grand in Lakeland, Florida, for $57.4 million. TrimCor was the seller. Business Observer reports Trimcor paid $2.5 million for the then-vacant land in 2019. Construction began in 2020. The property was 95% occupied at the time of sale. Public records list the price at $57.4 million. The property at...

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Washington Heights Rentals Complete Lease-Up in Less Than a Year

New York & Tri-State + Apartment Buildings

LargaVista Companies and Baron Property Group (BPG) have completed the lease-up of all 92 market-rate rentals at The Park Overture at 4568 Broadway in Northern Manhattan’s Washington Heights neighborhood. In conjunction with the lease-up, completed in less than one year, BPG and LargaVista have also secured a $43.5-million bridge loan from MF1 Capital to retire the property’s...

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CBRE Multifamily Duo Completes 15th Costa Mesa Sale in 24 Months

California & West + Apartment Buildings

CBRE closed the $9.57-million sale of a 22-unit multifamily property located at 313 and 325 E. 17th Pl. in Eastside Costa Mesa, marking its first time on the market in more than 25 years. The sale equates to $434,845 per unit and $521 per square foot, at a current cap rate of 5.10%. For the...

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MCB Real Estate Opens 473-Bed Student Housing in Baltimore

Washington DC + Student Housing

MCB Real Estate hosted the grand opening of The Enolia, a new 151-unit, 473-bed off-campus student housing project located at 4529 Harford Road in Baltimore. The $58 million development is situated less than a mile from Morgan State University’s main campus. “The Enolia is a testament to MCB Real Estate’s commitment to the University and...

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