Apollo to Acquire Bridge Investment Group for $1.5B ,

Apollo to Acquire Bridge Investment Group for $1.5B ,

Apollo has struck a deal to buy Bridge Investment Group in an all-stock deal worth around $1.5 billion. Bridge oversees $50 billion in assets, with a focus on residential and industrial properties. The deal will nearly double Apollo’s real estate holdings, pushing...
Prime Edgewater Building Site Hits the Market,

Prime Edgewater Building Site Hits the Market,

A rare six-parcel site in the Edgewater area of Miami is being marketed with a $32 million asking price. Lee & Associates South Florida Principal Michael Hinton has the sales listing for the high-density development assemblage. The 36,998-square-foot assemblage...
Wellness and Multifamily Amenities,

Wellness and Multifamily Amenities,

When it comes to wellness offerings, many multifamily property owners and operators focus on the physical, like treadmills and weight rooms. However, the concept of wellness is shifting from physical fitness to holistic health. In a recent ApartmentBuildings.com...
Lument Provides $111M to Refi Chicago MF Portfolio,

Lument Provides $111M to Refi Chicago MF Portfolio,

Lument has provided $110.8 million in Fannie Mae DUS loans to refinance a six-property multifamily portfolio located in Chicago. The transaction refinances existing bank debt for the sponsor BJB Properties, a Chicago-based owner-operator focused on long-term holds...