/PRNewswire/ As individual investors increasingly turn to private equity commercial real estate to find a haven from market volatility, CrowdStreet the.
AUSTIN, TX - Washington, D.C.-based UIP Companies, Inc. (UIP) will develop a ground-up apartment and retail building at 5300 Baltimore Avenue in the heart of the downtown Arts District in Hyattsville, Md., which is situated between the District of Columbia line and the University of Maryland, College Park.
Canvas apartments will have 285 units (a mix of studios, one and two-bedrooms), 31,660 square feet of ground-floor retail, and 681 parking spaces with 250 dedicated to neighborhood retail.
JACKSONVILLE, FL - Los Angeles-based Element Property Company has acquired Kernan Oaks apartments in the Southside submarket of Jacksonville, Florida, with plans to convert the community from a 70/30 mix of traditional apartments and student housing/co-living into 100% conventional market-rate apartments. Element has implemented a similar conversion strategy at two other properties.
The 361-unit garden apartment community was built in 1997. It’s highly amenitized with two resort-style.