News

The property purchase will allow for a value-add redevelopment plan in a fast-growing Tampa submarket. NEW YORK/Brandon, Fla. – February 15, 2018 – Phoenix Realty Group (PRG), a national multifamily real estate fund manager, investor and operator, purchased Tuscany Villas […]

The purchase unveils a value-add redevelopment plan for the property which has direct access to 30 miles of Denver’s recreational trails.

$88 Million Preservation Effort Keeps 42-Year-Old Mitchell-Lama Developments Affordable for an Additional 35 Years   New York, N.Y. – NYC Housing Development Corporation (HDC), NYC Department of Housing Preservation and Development (HPD), and US Department of Housing and Urban Development […]

For years, it seemed the vast majority of housing subsidies—federal, state and city—went to affordable projects at the edges of our cities. At the same time, soaring land prices in city centers led to the development of high-priced rental and […]

Hudson Valley Property Group and Phoenix Realty Group (PRG) have partnered to acquire, renovate and preserve 612 units of formerly at-risk Mitchell-Lama workforce housing apartments in the Bronx, New York, Keith Plaza and Kelly Towers. Keith Plaza is one of […]

During the fourth quarter of last year, Santa Clara County accounted for nearly $800 million in multifamily transactions closed, including 83 multifamily transactions, totaling $371 million. Contributing to this volume was the sale of a 544-unit property for $158 million, […]

New York City-based Hudson Valley Property Group and Phoenix Realty Group have partnered to acquire the 311-unit, 30-story Keith Plaza at 2475 Southern Blvd. and the 301-unit, 17-story Kelly Towers complex at 2375 and 2405 Southern Blvd in the Bronx, […]