HFF Secures $35M Sale of Orlando Community
Epoch Residential sold the 181,276-square-foot community, which features one-, two and three-bedroom apartment units. The new owner intends to upgrade the property’s amenities and services.
CBRE Arranges Sale of AL Student Housing Community
University Partners bought the 353,256-square-foot community for an undisclosed price. The 900-bed property features two-, three, and four-bedroom garden-style apartment units.
Harbor Group Nabs Orlando Asset for $97M
Berkadia arranged $66 million in financing for the firm’s acquisition of Elan Audubon Park, a 449-unit community spread across 12 buildings.
Dougherty Closes $21M Loan for 288-Unit Buy
Dougherty and Old Capital Lending arranged a Fannie Mae acquisition loan for Brookside Apartment Homes in Arlington, Texas. The companies worked on behalf of the borrower.
TX Student Housing Community Opens
Located in the heart of San Marcos, Texas, Pointe San Marcos will cater to students attending Texas State University.
Houston Community Lands $11M Refi
The sponsor obtained a Fannie Mae mortgage to refinance this 300-unit community which sustained no damage in the wake of Hurricane Harvey.
LandSouth Breaks Ground on $30M FL Project
The firm is teaming up with Integra Realty to develop the 300-unit Integra Sunrise in Kissimmee, Fla. The property is slated for completion by April 2019.
Hunt Secures Fannie Mae Loans for 2 FL Communities
The two affordable properties comprise a total of 85 units. The loans closed by Hunt Mortgage Group add up to $4.1 million.
Berkadia Arranges $22M for SoCal Community
The company secured a seven-year Freddie Mac acquisition loan for Interstate Equities Corp.’s purchase of the 133-unit Verse La Mesa in La Mesa, Calif.
Hunt Secures Fannie Mae Loan for TX Portfolio
The sponsors obtained two loans to refinance the 888-unit, three-property portfolio. The proceeds will pay for energy- and water-saving improvements.