SC Apartment Community Scores $22M
Toro Real Estate Partners’ purchase of Enclave Grandview brings the firm’s portfolio to 1,200 units worth more than $70 million.
HFF Secures $34M Loan for Georgia Student Housing Community
The company worked on behalf of owner IMS Development to arrange the 10-year, fixed-rate loan through a national bank.
Hunt Mortgage Group Secures Refi for Michigan Community
The 30-year loan includes a five-year interest-only with a 30 year amortization period.
Emma Capital Nabs $26M Atlanta Apartment Community
The Chelsea Apartments (formerly Steeple Chase) add 306 units to the company’s multifamily portfolio.
Nicholson Gateway Underway in Baton Rouge
The development is slated for completion in the fall of 2018.
Midcap Financial Secures Refi for Georgia Lofts
The company provided a $6.4 million loan to recapitalize the original financing.
Olympus Property Expands Arizona Footprint
The 194-unit Vive was completed in 2014 and is located within Chandler’s South Price Corridor.
Roxborough, CRA Expand Vegas Portfolio by 1,194 Units
The transaction included Loma Vista Apartments, Stonegate West and Stonegate Apartments.
Prospect Capital REIT Makes Profitable Exit in Georgia
The company sold its Abbington Pointe community for $37 million.
PAC Plans Galleria 75 Redevelopment in Atlanta
The company intends to redevelop the 7-acre site, which currently incorporates 110,000 square feet of office space.