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PRESS RELEASE: ARA Reps Raia Properties in the Sale of 320-Unit, Class AAA Multifamily Community

2013-11-11 21:10:00| National Real Estate Investor

Katie C. The Jacksonville office of Atlanta-headquartered ARA recently brokered the sale of the 320-unit Victoria Grand located in the affluent Northeast submarket of the Tallahassee, Fla. read more

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PRESS RELEASE: ROM Investments Acquires Multifamily Property in Hollywood, CA for $9.8 million

2013-11-11 19:33:00| National Real Estate Investor

Brian Mitchell ROM Investments has acquired a 42 unit multifamily community located at 1400 North Edgemont Street in Hollywood for $9.8 million. Marcus & Millichap advised the both the seller, BP Edgemont LLC, and ROM. read more

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PRESS RELEASE: USAA Real Estate Co. and Cambridge Development Breaking Ground on New Multi-Family Development

2013-11-08 18:56:00| National Real Estate Investor

Margot Olcay In a joint venture agreement, Cambridge Development and USAA Real Estate Co. broke ground on a 331-unit urban-style apartment project at 1100 South Blvd in Charlotte, NC. SunTrust is providing construction financing on the project. read more

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PRESS RELEASE: Cohen Financial Arranges $11.95 Million For Multifamily Property In Oregon

2013-11-08 18:39:00| National Real Estate Investor

Kathy Zoeller Cohen Financial secured an $11.95 million loan to refinance the Quatama Village Apartments at 380 NW Gina Way in Aloha, Ore. The 207 unit property was built in 1996 and is located across the street from the Quatama Max Light Rail Station. read more

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PRESS RELEASE: Charles Dunn Company Completes Sale of 22-Unit Multifamily Property in Santa Monica, California; Sale Marks Record-Breaking Low Cap Rate of 3.1%

2013-11-08 17:59:00| National Real Estate Investor

Darcie Giacchetto Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has completed sale of a fully occupied, 22-unit multifamily property located at 316 San Vicente Blvd. in Santa Monica, Calif. read more

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