Southern Land Kicks Off Dallas Luxury Development
The developer anticipates that the 310-unit community in the heart of the city’s Knox-Henderson neighborhood will open in early 2020.
NJ Asset Lands $31M Loan
Capodagli Property Co. will use the construction mortgage from Sterling National Bank to build 172 units in the first phase of Meridia Brownstones in Rahway.
Kalterra Capital Lands $26M Construction Loan
The firm will use the financing to build a 213-unit market-rate community in the Dallas suburb of Waxahachie, Texas.
Sares Regis Picks Up San Diego Asset
The company financed the acquisition of the 344-unit property with an $80 million loan, which will also be used to fully redevelop it.
InterCapital Group Snags Suburban Atlanta Asset
The buyer purchased the 230-unit property using nearly $23 million in Fannie Mae acquisition financing originated by Greystone.
Hamilton Zanze Expands Denver Footprint
The 216-unit community, constructed in 1997, fetched a price tag of $50 million, nearly double the amount the seller paid five years before.
Audubon Completes GA Community Upgrades
The 232-unit property, constructed in 2004, sits 30 miles southeast of Atlanta and includes two outdoor kitchens and 350 parking spaces.
Luxury SoCal Development Lands Management
The Trails at Canyon Crest, a 216-unit community, broke ground in October 2017. Construction is anticipated to finish early next year.
Cresta Properties Lands Refi for Dallas Community
The 144-unit property, constructed in 1963, offers a range of studios, one- and two-bedroom units in the city’s West Vickery Park submarket.
South FL Condo Project Lands $17M Loan
The proceeds of the mortgage will finance construction of the luxury community. Site work is underway, with the property scheduled to open by the end of 2018.