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Mill Creek Acquires 448-Unit Emerald Bay Club Apartment Community in Boca Raton, Florida

BOCA RATON, FL - Mill Creek Residential , a leading multifamily investor and operator specializing in premier apartment communities across the U.S., announced the acquisition of Emerald Bay Club Apartments , a two-story garden- style community situated in the highly desirable West Boca submarket .Mill Creek will rebrand the community Alister Boca Raton and complete renovations to better meet the expectations of today's luxury apartment residents . The community, featuring 448 apartment homes , will receive interior updates , landscaping improvements and the addition of several resort- style amenities , including a luxury pool and fully equipped fitness center . " Palm Beach County is an extremely attractive location with a strong mix of entertainment destinations, employment opportunities and top-of-the-line schools," said Wes Dickerson, senior managing director of acquisitions for Mill Creek Residential . "We believe our upgrades to Alister Boca Raton wi...

Mill Creek Acquires Emerald Bay Club Apartments in West Boca

BOCA RATON, Fla. , June 7, 2016 /PRNewswire/ -- Mill Creek Residential , a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the acquisition of Emerald Bay Club Apartments , a two-story garden- style community situated in the highly desirable West Boca submarket . Mill Creek will rebrand the community Alister Boca Raton and complete renovations to better meet the expectations of today's luxury apartment residents . The community, featuring 448 apartment homes , will receive interior updates , landscaping improvements and the addition of several resort- style amenities , including a luxury pool and fully equipped fitness center . " Palm Beach County is an extremely attractive location with a strong mix of entertainment ...

Bluerock Value Exchange Announces Successful Sell-Out of Class A, Multifamily Big Creek DST 1031 Exchange Offering

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PR Newswire NEW YORK, Aug. 15, 2017 /PRNewswire/ -- Bluerock Value Exchange ("BVEX") announced today the sellout of its latest 1031 exchange program , BR Big Creek, DST, a Class A, 372-unit, apartment community ("the property") located in Alpharetta, Georgia. The securities offering was fully subscribed for more than $35 million in capital. Completed in 2016, Big Creek is a class A apartment community in the affluent, high growth, mixed-use neighborhood of Alpharetta in Atlanta, GA. In keeping with the value creation strategy of BVEX, the property offers steady cash flow with upside potential in rents. "Bluerock Value Exchange concentrates solely on acquiring high-quality, Class A 1031 replacement properties with potential to deliver attractive current cash flow and grow investor capital . There's significant need, particularly among independent broker dealers , for high- caliber replacement properties from established sponsors with proven performance...

Laramar Group Acquires 694-Unit Waterford Lakes Apartments in Charlotte, NC.

Property is 13th Fund Acquisition CHICAGO and CHARLOTTE, N.C., Feb. 20 /PRNewswire/ -- The Laramar Group, a fully- integrated real estate investment and management company, today announced the acquisition of the Waterford Lakes Apartments , a 694- unit lakeside property in Charlotte, North Carolina, located at 8000 Waterford Lakes Drive . Waterford Lakes is the thirteenth property acquisition for Laramar Group's Multifamily Value Fund, which launched in December 2006. " Waterford Lakes offers residents an ideal living situation : picturesque, resort- style residences located within walking distance of rapid transit, near local employment centers , shopping and major metropolitan areas," said Jeff Elowe, president of Laramar Group. "With its lush surroundings and terrific locale, Waterford Lakes is a great addition to Laramar's portfolio, and an excellent way to round out the first year of the Multi-Famil...

The Emerson, downtown Oak Park’s newest luxury apartments

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The Emerson is Oak Park’s newest full- amenity apartment community , boasting a steps-to-everything location and Target on-site. The Emerson offers a range of studio to 2-bedroom, 2-bath apartments in a mid-rise building and a 20-story tower that boasts views of the Chicago skyline. Studios rent from $1,712 a month, 1-bedrooms from $1,920 and 2-bedroom, 2-baths from $2,812. Floor plans and near real-time rent and availability info are online. [embedded content] Apartments have plank flooring in living areas, upscale kitchen and bath finishes, individual heating and air-conditioning, and in-unit washer / dryers. [embedded content] [embedded content] Join us in the videos for narrated tours of two 1- bedroom model apartments and a 2-bedroom, 2-bath model. The Emerson’s amenities include an expansive club room with a kitchen and dining area, a resort- style pool deck with grilling stations and a fire pit, and a fully- equipped fitness center with a separate group fitness area . The...