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Suburban Pittsburgh Value-Add Apartment Community for Sale

Monday, October 23, 2017

Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing Eagle Ridge apartments for sale. Eagle Ridge is a 352-unit, garden-style apartment community with outstanding value-add potential in the stable Monroeville suburb of Pittsburgh, Pennsylvania. The property is an exceptionally well-maintained property with capital improvements made in the last five years, making it a superior investment opportunity. The apartment property for sale is situated on 42.474 acres at 1500 Eagle Ridge Drive in Monroeville, which is 12 miles east of the Pittsburgh CBD. Although less than a quarter mile from William Penn Highway (Business Route 22), Eagle Ridge is situated in such a way that it enjoys privacy created by trees, open space and topographic barriers. It’s near the center of... [Read More]

5 Chicago-Area Value-Add Apartment Properties for Sale: Due 9/13

Wednesday, September 06, 2017

Holliday Fenoglio Fowler, L.P. (HFF) is marketing for sale a five-property multifamily housing portfolio comprising 2,407 well-appointed apartment homes in three top suburban Chicago submarkets: DuPage, Cook and Will Counties. These suburban infill communities benefit from easy access to top employment corridors as well as to downtown Chicago via nearby expressways and Metra train lines. HFF will accept bids on the entire portfolio, in groups/pools or individually through Wednesday, September 13. Each property is professionally landscaped with attached and/or detached covered parking, and all offer outstanding... [Read More]

Class A Urban Residential Community for Sale in Austin

Thursday, August 17, 2017

Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is offering qualified investors the unique opportunity to acquire Sur512, a brand new, 352-unit, Class A urban residential community in Austin, Texas. Demand for the property is bolstered by the continued urbanization along the South Congress corridor and the transformation of the area into a premier destination for young professionals seeking urban core living at a significant discount to CBD rents. Built in 2016 by renowned luxury developer JPI, the apartment property for sale features impeccable design, high-quality finishes and best-in-class amenities, including two resort-style swimming pools, two fitness facilities, a professional business and conference center, stylish clubhouse, picnic and grilling areas, Wi-Fi in all common areas, outdoor lounge and social space, internet café and lounge, 24-hour emergency maintenance and on-demand fitness classes. The superior quality... [Read More]

Value-Add, Transit-Oriented Properties for Sale near Denver

Tuesday, July 18, 2017

Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing for sale Olde Town Plaza, a 19,673-square-foot, mixed-use retail and residential building, and the adjacent 5790 Yukon Street, a 0.42-acre redevelopment site located in the northwest Denver suburb of Arvada, Colorado. This value-add, transit-oriented opportunity is located at the entrance to historic Olde Town Arvada, which is experiencing a renaissance by attracting urban retail and restaurant concepts and residents seeking a neighborhood near both downtown Denver and the Rocky Mountains. Located at 5773-5777 Olde Wadsworth Boulevard, Olde Town... [Read More]

Urban Loft-Style Apartment Building for Sale in Somerville, Massachusetts

Thursday, June 15, 2017

Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing for sale Millbrook Lofts, a 100-unit, LEED Gold loft style apartment community in the Boston-area community of Somerville, Massachusetts. Completed in 2016, the 97-percent-leased apartment building for sale reflects creative living derived from the adaptive reuse of a century-old cold storage building remade as a modern, loft-style apartment community. Until 2014, the building was used as a cold storage warehouse, primarily for seafood, serving the needs of Boston’s markets and restaurants for decades. Once windowless industrial ... [Read More]

Luxury Apartment Tower in Philadelphia on the Market

Thursday, May 18, 2017

Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has been named to market for sale 3601 Market, a newly constructed, 363-unit, Class A luxury apartment tower in Philadelphia’s University City submarket. HFF is marketing the property exclusively on behalf of the seller, a joint venture between Southern Land Company and Redwood Capital Investments, LLC. 3601 Market’s University City location places it near numerous major employers and universities, including the University of Pennsylvania, Drexel University, University City Science Center, Children’s Hospital of Philadelphia and Comcast Corporation. Due to its centralized location, the 28-story property has been awarded a Walk Score® of 94, Bike Score™ of 97 and Transit Score® of 99. 3601 Market was completed in 2016 and contains 363 units averaging 730 square feet in a variety of configurations ranging from studios to... [Read More]

301-Unit Multi-Housing Property in Suburban Wilmington for Sale

Wednesday, May 17, 2017

Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has been named to market for sale Brandywine Hundred Apartments, a 301-unit multi-housing property in the historic Brandywine Hundred neighborhood of northern Wilmington, Delaware. HFF is marketing the property on behalf of the seller, a joint venture between CenterSquare Investment Management and Korman Residential. Brandywine Hundred Apartments is situated on 10.66 acres at 400 and 402 Foulk Road, less than one mile from major employers, including JPMorgan Chase & Co., AstraZeneca and Nemours/Alfred I. duPont Hospital for Children. Additionally, the property is less than half of a mile from shopping and dining along Route 202, and a short distance from numerous state parks, golf courses and recreational activities. Brandywine Hundred features units averaging 946 square feet with community amenities such as a swimming pool with sundeck, tennis courts,... [Read More]

Residential and Retail Building for Sale in New York City

Wednesday, February 22, 2017

Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing for sale The Chrystie, a 14-story mixed-use trophy property located at 229 Chrystie Street in New York City. Completed in 2005, the property features a 361-unit, 340,000-square-foot, 80/20 residential condominium and a two-story, 85,000-square-foot retail condominium anchored by Whole Foods. The residential and the retail condominiums can be purchased together or separately. The Chrystie from HFF on Vimeo. The residential condominium comprises 289 market-rate units (80 percent) and 72 affordable units (20 percent) and is the beneficiary of... [Read More]

Portland Multi-Housing Portfolio for Sale

Monday, February 13, 2017

Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing for sale an eight-property multi-housing portfolio comprising 159 completed apartment units and an additional 30 units still under construction in Portland, Oregon. Seven of the properties were constructed between 2011 and 2015, the portfolio property that is currently under construction is scheduled for completion in the second quarter of 2017. The properties in the apartment portfolio for sale are strategically located within the inner-ring of central Portland and provide unrivaled... [Read More]

5-Property Bulk Condominium Portfolio for Sale in Florida

Thursday, November 17, 2016

Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing for sale the Florida Bulk Condominium Portfolio. The portfolio includes 658 residential units with a weighted average vintage of 2006 plus 54,780 square feet of retail space within five separate condominium communities, each of which can be acquired together or separately. The properties are offered free and clear of debt encumbrances. Each of the properties offers the flexibility to operate as rentals for cash flow while implementing a value-add strategy or selling condo units... [Read More]

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