Jessica Fiur is the editor-in-chief at Multi-Housing News and Commercial Property Executive and writes the award-winning blog What Renters Want.
Jessica has been with the company since 2011 and previously was with Weekly Reader and IQPC. Contact Jessica at jessica.fiur@cpe-mhn.com, on Twitter @jfiur or on LinkedIn https://www.linkedin.com/in/jessicafiur/.
CA Quartet Scores $146M Financing
Watermarke Properties’ communities, totaling 930 units, are located in Orange County, Corona and Fair Oaks. HFF secured four separate 10-year, fixed-rate securitized loans with Freddie Mac’s CME Program.
CGI Strategies Acquires FL Asset
The company snagged the property, located in Kissimmee, for $25.8 million. Cane Island, which includes 166 units, was 98 percent leased at the time of the sale.
AMAC Lands Manhattan Property for $59M
The company plans to make upgrades to the mixed-use community, which includes 83 units and seven retail spaces.
IEC Buys CA Workforce Housing for $134M
Surf at 39, a 400-unit property in Huntington Beach, was built in 1972 and includes two swimming pools with spas, a business center and a dog park.
Passco Acquires 240-Unit AL Community
ARIUM HomePlace, a 240-unit luxury property in the Prattville submarket, will be rebranded as The Meadows at HomePlace, reflecting its location in the master-planned Homeplace community.
Blackfin, Capital Solutions Buy NC Asset for $28M
Westborough Apartments in Greensboro is a 502-unit, garden-style community built in 1972. Amenities include a fitness center, playground and dog park.
TruAmerica, Blackstone Buy 2 for $127M
The joint venture has acquired two garden-style communities: the 319-unit Montair in suburban Denver and the 316-unit Walden Pond in suburban Seattle.
Construction Underway on MN Senior Development
The Opus Group development in Minnetonka will feature four stories and 147 units. Amenities will include a salon, a chapel and a memory-care garden.
KTGY Plans CA Student Housing
A Chapman University project, including a 402-bed student housing development, has been approved by the city of Orange.
Equus Capital Snaps Up $64M FL Apartments
The Reserve at Gateway, a 314-unit garden-style community in St. Petersburg, is 93 percent occupied.