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Berkshire Hills Bancorp to Sell Select Upstate and Eastern New York Branches

Enhances efficiency and profitability of the overall branch network Strengthens focus in core New York markets Combined branch and securities sale is neutral to full year 2024 earnings outlook BOSTON, March 4, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) announced today that its wholly owned subsidiary...

Hamilton Zanze Announces Sale of Belle Creek Apartments

Firm Completed Several Upgrades in Eight-Year Ownership of Metro Denver PropertySAN FRANCISCO, March 5, 2024 /PRNewswire/ -- Hamilton Zanze, a San Francisco-based real estate investment firm that owns and operates multifamily communities nationwide, announced today that it has sold Belle Creek Apartments, a 156-unit apartment...

NexPoint Residential Trust, Inc. Completes the Sale of Old Farm and Will Repay the Full Outstanding Balance on the Corporate Credit Facility

DALLAS, March 5, 2024 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today the closing of the sale of Old Farm in Houston, TX, a 734-unit property built in 1996. The property was acquired for $84.7 million on December...

Venterra Realty Breaks Ground on Camber Ridge Multifamily Development In Fulshear, TX

HOUSTON, March 6, 2024 /PRNewswire/ -- Venterra Realty broke ground on a new multifamily community, Camber Ridge at Cross Creek Ranch, in Fulshear, TX. Camber Ridge When fully built out, the property will contain a 312-unit Class A apartment community that is part of Johnson Development Corp's...

SummerHill Sells 251-Unit Community in Santa Clara, CA for $125M

The sale recorded on February 27, 2024 and the new owner received the property fully stabilized. Located at 3560 Rambla Place, Prado is a seven-story building comprised of 251 residential units that include both one and two-bedroom apartments that was completed in 2021 and...

The Bascom Group Continues Brisk 2024 Acquisition Pace, Acquires 96-Unit Apartment Community In Santa Fe, New Mexico

IRVINE, Calif., March 11, 2024 /PRNewswire/ -- The Bascom Group, LLC ("Bascom") has acquired San Miguel Court Apartments (the "Property"), a 1974 built, 96-unit garden-style multifamily property located at 2029 Calle Lorca in Santa Fe, New Mexico. Ryan Greer and CJ Connelly of CBRE arranged...