PRESS RELEASE | February 24, 2021
STUART, Fla. – February 24, 2021 – Florida based Main Street Residential, a southeast U.S. regional multifamily investment group, announces the purchase of Belle Rive Club Apartments in Jacksonville. CBRE represented KRI Properties to transact the sale to Main Street Residential...
PRESS RELEASE | December 18, 2020
STUART, Fla. - December 18, 2020 - Florida based multifamily investment group, Main Street Residential, turned this renovated investment in 31 months. The property, located at 1035 Franklin Road in Marietta, was purchased by Cyclone Investment Group, LLC for $26.2 million...
PRESS RELEASE | December 10, 2020
STUART, Fla. - December 10, 2020 - Main Street Residential™, a Florida based multifamily investment group, announces the $23 Million acquisition of River Gardens Apartments in Tampa, FL. Berkadia represented KCB Real Estate Management for the sale to Main Street Residential...
PRESS RELEASE | November 1, 2020
STUART, Fla. – Nov. 2020 - Main Street Residential™, a Florida based multifamily investment group, sold Serotina Lakes Apartments on October 30, 2020. CBRE represented Main Street Residential for the sale. Lone Star Capital Group of New York acquired the asset for $23.67 million...
December 26, 2017 | Keiko Morris, The Wall Street Journal
Institutional investors such as pension funds and insurance companies are on the hunt for higher yields in the suburbs.
Now that the urban luxury-apartment boom is winding down, some big investors are fanning out to the suburbs. As institutional investors such as pension funds and insurance companies hunt for higher yields, they have been scouring the older and less glamorous suburban rental buildings that ring metropolitan central business districts, real-estate executives and analysts said. Part of the reason: Swelling supplies of new luxury apartments in urban areas are driving rents lower for high-end city apartments...
July 28, 2017 | Patricia Kirk
With rapid growth across markets in the Southeast, the region has emerged as a diverse, economic powerhouse, resulting in strong commercial real estate fundamentals for all property types. The Southeast’s rosy story is the result of a shift in both population and business growth from the Rust Belt to these Southeastern markets and a reflection of the region’s desirability.
June 21, 2017 | Yuen Yung
Move over Class A, your less-expensive counterparts are poised to be the darlings of investors for the remainder of the year and well into next.
Mar 28, 2017 | Bendix Anderson
The large sites used to build these low-density rental communities are getting harder to find. As a result, garden apartment complexes have relatively little competition in their price range.