Blog Archives

American Residential Acquires 30-Unit Park West Apartments in Tampa

American Residential Investment Management, a multifamily investor based in Wake Forest, NC, acquired the 30-unit Park West Apartments from Hyde Park Apartments for $ 5.1 million, or about $ 170,000 per unit. Built in 1974, the 21,491-square-foot apartment complex is located at 3215 W. Swann Ave. The Park West Apartments offers a mix of one- […]

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Office Lease Up (April 10) HSBC Inks 548,000-SF Renewal at North American Headquarters

HSBC USA NA, a subsidiary of international banking and financial services organization HSBC Bank, has signed a five-year lease renewal totaling 548,000 square feet in its North American headquarters building at 452 Fifth Ave. in New York City. The 30-story, 865,000-square-foot, 4-Star office tower was built in 1984 on 1.1 acres in the Penn Plaza […]

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American Campus Communities Sells 19-Property Portfolio for $508 Million

Continuing to divest non-core assets, American Campus Communities, Inc. (NYSE: ACC) this week sold a portfolio of 19 student housing properties in nine states totaling 12,083 beds to Los Angeles-based Saban Real Estate for $ 508 million. The portfolio includes student housing properties in Michigan, Louisiana, Indiana, Missouri, Alabama, North Carolina, South Carolina, Florida and […]

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