Holly Dutton is a Senior Editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2018 and has reported on the real estate sector since 2012. She was previously with Real Estate Weekly and the Houston Chronicle. Connect with her on twitter: @HollyDutton
Dallas Community Commands $24M
Maravilla Apartments acquired the 310-unit property from DIJ Properties with financial help in the form of a $17.8 million Fannie Mae loan arranged by Dougherty Mortgage.
Las Vegas Community Secures $55M Refi
The 376-unit rental property developed by Joseph Sorge was completed earlier this year. NorthMarq Capital arranged the loan on behalf of the owner.
Inland Empire Community Changes Hands for $35M
Davlyn Investments acquired the 125-unit luxury residential property located in Chino Hills, Calif., with financing provided by City National Bank.
LMC Tops Out Atlanta High-Rise Community
The 310-unit luxury rental building located in the city’s midtown district will feature ground-level terrace porches and rooftop amenities.
Starlight Acquires Orlando Community
The 356-unit Shingle Creek was developed by Altman Cos. and completed earlier this year. Featured amenities include a swimming pool and spa.
Columbia Pacific Secures $118M for Senior Housing Portfolio
Capital One arranged the adjustable-rate loan for the company’s fee interest acquisition of a four-property, 518-unit senior housing portfolio spread across three states.
Michigan Communities Get $108M in Financing
Berkadia secured acquisition financing from Fannie Mae for two garden-style communities in Wyoming, Mich., and Grandville, Mich., on behalf of Torchlight Investors.
1,000-Unit Affordable Community Breaks Ground in NYC
The development in Brooklyn will be located two blocks from the Coney Island Boardwalk and will include retail and office space.
Hines Breaks Ground on Luxury Dallas High-Rise
The 39-story property will have 344 units and will be located in the heart of Victory Park. It will be the tallest building in the neighborhood once completed.
MA Community Receives $120M Loan
The 392-unit rental property in Cambridge is LEED Silver-certified. Greystar acquired the asset last year as part of its acquisition of Monogram Residential Trust.