Poughkeepsie’s Grand Pointe Park sells for $31M

Grand Pointe Park, a 156-unit multifamily community in Poughkeepsie, has been sold for $31 million. The development was built in 1997 as a two-story, garden-style, wood-frame residential community featuring a clubhouse with an outdoor pool, fitness studio, resident lounge and coffee bar, playground and dog park. Unit finishes were last updated between 2013 and 2016. […]

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Avanath Selected as a Top Multifamily Influencer by GlobeSt.

Up until a few months ago, it appeared that multifamily had entered a golden age. Rents were rising, deals were closing and forecasters saw little difficulty in the medium term. To be sure, the asset class is still a strong one but with the rise in the cost of debt, the threat of a possible […]

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