Olympus Property continues to expand their DFW portfolio in 2016 with the acquisition of Mansions at Woodbridge (renamed Olympus Woodbridge) in Sachse, Texas and The Davis in Fort Worth, Texas. Together these assets will be kicking off Olympus Property's sixth fund, WW Olympus Property VI, LLC. Built in 2014, Olympus Woodbridge is a Class "A" garden-style community comprised of 381 units situated on...
TGM Associates announced today the acquisition of TGM Bay Isle, a garden style apartment community with 582 units located in Saint Petersburg, FL. The property, completed in two phases in 1998 and 2004, is comprised of twenty-two residential buildings built on a 50 acre site. The unit mix consists of one, two, and three bedroom apartment flats, as well as unusually...
McCann Realty Partners ("McCann") and its joint venture partner, Artemis Real Estate Partners, announced the acquisition of Hickory Creek, a 294-unit apartment community located in Richmond, VA. Built in 1984, the three-story garden-style property is located at 2344 Hickory Creek Drive in the West End of Henrico County. The property is located just south of West Broad Street off Tuckernuck and Mayland...
RealtyShares, a leading online marketplace for real estate investing, today announced that more than $2.6 million has been raised through crowdfunding from its network of accredited investors for the purchase of Parkside Townhomes, a 144-unit multi-family complex in Arlington, Texas. Working closely with sponsor Network Acquisitions Partnership Alliance, a firm that invests in commercial and multi-family properties throughout Texas, RealtyShares...
Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) ("BRG", the "REIT" or the "Company") announced today that it has acquired a leasehold interest in the Class A, 336-unit, mixed-use Tenside Apartment Homes in Atlanta, Georgia to be rebranded the Arium Westside. The Company acquired the property through a joint venture for a total purchase price of approximately $74.5 million, or approximately $197,900 per residential unit...
