MG Properties, a leading real estate investment and management company, has completed the acquisition of Bear Valley Park Apartments, a premier garden-style community located in Denver, Colorado for a total purchase price of $76 million. The closing marks MGP's third multifamily acquisition of 2023 in the Denver area.
As supply chains and material prices continue to stabilize, the U.S. and Canadian construction industry is positioned for success in 2024. The need for housing and some companies requiring employees to return to the office is expected to propel the industry forward, according to JLL's U.S. and Canada Construction Trends 2024 Forecast. "The industry is ready to successfully meet the challenges of 2024," said Todd Burns, JLL's president of project development services for the Americas. "With immen
In a significant move strengthening the thriving real estate landscape of St. Louis, Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S. has completed the acquisition of Cortona at Forest Park, a 278-unit Class-A apartment community. Positioned in the heart of St. Louis, this property boasts an unparalleled location adjacent to the iconic Forest Park, downtown Clayto