Redwood Capital Group has acquired ReNew Eden Prairie, a 375-unit apartment complex located at 13905 Chestnut Drive in suburban Minneapolis.
FPA Multifamily has completed the disposition of an apartment property located at 13225 N. Fountain Hills Blvd. in Fountain Hills. A joint venture between Continental Realty Assets, a subsidiary of Denver-based Continental Realty Group, and Tokyo-based Nippon Steel Kowa Real Estate has acquired the asset for $58.2 million.
FPA Multifamily receives 13 ENERGY STAR awards for the 2021 year, amounting to over 2.7 million square feet of FPA’s portfolio that is ENERGY STAR certified.
Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of ReNew Riverside, a multifamily property in Riverside. FPA sold the asset to Interwest Capital Group for $35.3 million, or $276,171 per unit.
As part of our ESG education to both our residents and internal team, FPA recently invited Bonneville Environmental Foundation (BEF) to speak on carbon offsets. Curious as to what a carbon offset is and why we need it? Tune in to this intro on carbon offsets hosted by our friends at BEF.
Zevulon Capital, Inc. and FCP announce the acquisition of ReNew Parc Shores, a 520-unit apartment community at 3925 Satellite Blvd. in Duluth, Georgia.
Another GRESB reporting season has come to a close, and the results are in. In its second year of submission to GRESB, FPA Multifamily saw a 76% improvement in its score. View a recording of a panel of experts featuring Dan Winters from GRESB, Gopi Jayaswal from FPA Multifamily, and Sarah Jung and Andrea Shoaf from Goby to discuss the results.
Learn how FPA Multifamily, a leading multifamily organization, utilized the robust combination of utility bill automation software, ESG platform, and strategic consulting services offered by Conservice and Goby to streamline their utility data acquisition process, improve their GRESB performance, expand the scope of their ESG efforts and programs, and incorporate ESG dedication across their entire business.
Guardian Real Estate Services has sold Hidden Village, a 98-unit, garden-stule multi-housing community in West Linn, Ore., for $30.25 million.