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Featured deal: Katz Properties acquires 11-property multifamily portfolio in $82 5 million deal

Featured deal: Katz Properties acquires 11-property multifamily portfolio in $82 5 million deal
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Fox Point apartment complex sold for $27 5 million

An affiliate of Katz Properties, Inc. has purchased the sprawling Foxcroft Apartment complex in Fox Point for $27.5 million, according to property transfer records posted by the state this week.

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Bayside apartments destroyed by 2019 fire to be replaced

A Bayside apartment building destroyed in a 2019 fire is to be replaced under a new plan. Katz Properties Inc. is proposing to build a 56-unit, three-story apartment building at 9009 N. White Oak Lane. The building would replace a 62-unit apartment building destroyed in a March 2019 fire at White Oaks Apartments. At least 14 people were rescued and more than 100 residents were displaced in that blaze. The badly damaged building was later demolished. The new building will be built on top of the existing parking structure, and will include the corporate offices for Katz Properties, according to a Bayside Plan Commission report.

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