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Greystar Executive Named Texas Apartment Association President

CHARLESTON, S.C.--( BUSINESS WIRE )-- Greystar Real Estate Partners (“Greystar”) is pleased to announce that the Texas Apartment Association (“the TAA”) has named Jackie Rhone President of the organization. Ms. Rhone, Executive Director of Real Estate for Greystar, has served on the TAA’s executive committee most recently as President-Elect and was appointed TAA’s President on April 29, 2017, at the annual conference in Ft. Worth, Texas. “We are extremely proud of Jackie and she is very deserving of this honor,” said Andrew Livingstone, Executive Managing Director of Real Estate for Greystar. “So much of Jackie’s work in the industry is aligned with our Pillars of Excellence, which are the foundation of everything we do at Greystar from corporate decision making to resident relations.” Ms. Rhone oversees the real estate strategic services group for the Greystar owned portfolio , including stabilized assets , new construction and value add opportunities totaling 31 ,000 units ...

Colliers International Sells Crosswinds Apartment Homes for $22 Million in Chandler, Arizona

PHOENIX, AZ - Colliers International in Greater Phoenix completed the sale of the 374- unit Crosswinds Apartment Homes at 868 S. Arizona Ave., in Chandler, Ariz., for $22 million or approximately $58,824 per unit.Cindy Cooke, senior executive vice president ; and Brad Cooke, senior vice president , with Colliers’ Phoenix office, represented the sellers, P.B. Bell of Scottsdale, Ariz.; and Stonecutter Capital Management LLC of New York, N.Y., who originally acquired the asset in 2014.The buyer, who was self-represented, was Emma Capital Investments Inc., of Toronto, Canada, who specializes in the financing, acquisition and operation of multifamily residential complexes , particularly in the Sun Belt states in the U.S. Emma Capital’s portfolio consists of more than $175 million of property and approximately 3,000 units in the metro Phoenix, Atlanta and Charlotte markets. “Crosswinds is in the middle of a high-growth path between downtown Chandler and Chandler Airpark, “said Cindy C...