Verizon’s Buildout of Its FiOS All-Fiber-Optic Network to 27,000 Aimco Apartments in 11 States Nears Completion

Residents of 27,000 apartments in Aimco housing complexes in 11 states will be able to subscribe to Verizon’s advanced FiOS services by year-end, as the company completes the buildout of its all-fiber-optic network in the complexes. The project, which began last year under an agreement between Verizon and Aimco, will make FiOS ultra-high-sped broadband services available to all the apartments. Residents of apartments situated in areas where... 

Guardian Management LLC Signs Agreement to Acquire Atherton-Newport Assets in Excess of 4,000 Multifamily Units

Guardian Management LLC (Guardian), a Pacific Northwest real estate investment and asset management firm specializing in multifamily housing investments, has signed preliminary agreements to acquire the real estate portfolio of Atherton-Newport Investments (ANI). ANI is a multifamily housing firm, based in Orange County California, which has been working under Chapter 11 reorganization since January. The assets to be acquired by Guardian include more...