CAPREIT, a national real estate development and investment company responsible for the ownership and management of more than $5 billion of multifamily assets, today announced the acquisition of Avana Southgate, a 256-unit apartment community on the south side of the state’s largest city. Situated less than 20 minutes from downtown Louisville, the community sits in close proximity to the city’s primary...
Olympus Property expands their Savannah portfolio with the acquisition of Century at Fenwick Village in Savannah, Georgia. Effective immediately, the property will be renamed "Olympus Fenwick". Olympus Fenwick is a Class "A" apartment community completed in 2008 consisting of 448 units. The asset is situated on over 37 acres in a strategic location of the Savannah-South submarket. Property amenities include two swimming pools, a...
GoldOller Real Estate Investments announced the acquisition of the 208-unit Pierpoint Apartment Homes and the 170-unit The Groves both in Port Orange, FL, adjacent to Daytona Beach. With these latest acquisitions, GoldOller now owns and manages more than 3400 rental apartments in nine communities in North and Central Florida. Both Pierpoint and The Groves enjoy high occupancy and consistent financial performance. GoldOller will make extensive...
GoldOller Real Estate Investments announced the acquisition of Charter Court Apartments (formerly School Lane House Apartments) for $56 Million. Charter Court consists of 500 units within two interconnected eleven story towers at 5450 Wissahickon Ave. in the East Falls section of Philadelphia. According to GoldOller's Chairman Richard Oller, GoldOller intends a major renovation of the property that will address virtually every aspect of the iconic...
On September 8, 2016, Security Properties purchased Arches at Hidden Creek, a 432-unit multifamily property located in Chandler, AZ for $55,000,000. SP now own five assets in the Phoenix marketplace. Arches at Hidden Creek is located within the dynamic Chandler submarket. Chandler's median annual household income is approximately $71,000, 32% higher than Maricopa County, which covers most of the Phoenix MSA. Chandler's greatest strength is its employment base. Arches sits within five miles of...
