Adina Rogoz is a Senior Associate Editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2016 and is writing real estate related news, blog articles, reports and Q&As.
📧 You can reach out to her at adina.rogoz@cpe-mhn.com
Trion Properties Expands Portland Portfolio
The $12.3 million transaction marks the company’s third acquisition in the city of Beaverton, Ore. Trion plans to implement a renovation plan, including improvements made to the exterior and interior of the property.
Hunt Secures Fannie Mae Loan for FL Student Housing
Completed earlier this year, the Highlands Apartments is 100 percent leased. The community is an off-campus property serving students at the Florida State University.
Vesper Buys 560-Bed FL Community
The student housing acquisition marks Vesper’s second in the USF market. The property offers a mix of two- and four-bedroom units.
CBRE Arranges WA Community Sale
Cumberland Holdings purchased the one- and two-bedroom community, which is undergoing upgrades to the windows and sliders.
Inland Real Estate Lends a Hand in Colorado Sale
The brokers arranged the $36.1 million deal on behalf of an Inland affiliate. Landbank Investments was the seller.
Kennedy Wilson Buys $135M WA Community
The three five-story buildings offer a mix of studios, one- and two-bedroom units averaging 827 square feet. The community is close to various park, trails and hiking trails.
JV to Develop TX Student Housing
Fountain Residential Partners and HC2 Capital’s 8FOUR8 Mitchell will be located near the University of Texas at Arlington and will include 298 units.
Transwestern Secures $23M Sale of 2 Denver Assets
The company worked on behalf of the sellers—29th Street Management LLC and Bayo Vista LP. Village West traded for $10.8 million and The Village Apartments was sold for $12.4 million.
CapitalSource Provides Construction Loan for CA Asset
The Nexus will offer 70 units and 238 beds, including a few affordable apartments. The community is in close proximity to University of California, Berkeley’s main campus.
South Street Capital JV Buys IN Student Housing Portfolio
The 290-bed portfolio consists of five adjacent buildings near Purdue University. The communities are close to major locations including Chauney Mall, West Lafayette Public Library and Northwestern Avenue.