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Multi-Housing News | February 07, 2020
National multifamily manager Waterton has ventured into Nashville’s booming apartment market by adding a 994-unit development to its $5.6 billion real estate platform, marking one of the city’s largest property deals in recent years. Although Waterton did not disclose the deal price, Davidson County records lists it as $140 million. That price tag far outstrips the $101.5 million that CBRE Global Investors paid in mid-2019 for The Gossett on Church, a modern 367-unit community in dow...
Real Estate Investment
Gray Capital | June 30, 2022
Multifamily investment firm Gray Capital has closed on their acquisition of Club Meridian Apartments, a 406-unit property located in Okemos, MI just east of Lansing, MI. Gray Capital intends to make strategic upgrades at the property, including siding and asphalt repairs, pool upgrades, re-painted balconies, new signage, and other exterior enhancements to boost the curb appeal of the property. Additionally, interior renovations like modern appliances, new flooring, and upgraded co...
Cision PR Newswire | February 25, 2020
CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance business has arranged $66 million in financings on behalf of BKM Capital Partners, a real estate fund manager specializing in the acquisition and improvement of light industrial multi-tenant properties in metro areas across the Western U.S.The financings supported the acquisition of three commercial real estate properties that were part of a larger 11-property industrial portfolio acquired by BKM in Arizona, California and W...
Real Estate Technology
Cherre | May 13, 2021
Cherre, the industry's leading real estate data analytics platform, has launched CoreExplore, a new front-end application that allows customers to explore their connected data. CoreExplore, built as an application layer for Cherre's CoreConnect data platform, debuts with improved property searches, new filters enabled by Connection partner data, portfolio pages, and embedded asset management dashboards. • Customers can perform property research to find off-market opti...
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