Upscale D.C.-Area Community Breaks Ground
Developed by NRP Group in Clarksburg, Md., the 272-unit property will be situated near the Clarksburg Premium Outlets, an upscale outlet mall developed by Simon and New England Development.
Emma Capital Grows in Indianapolis with $39M Buy
The Toronto-based company expanded its footprint in the city to 1,829 units with the acquisition of two apartment communities in the Washington West submarket.
Central Florida Apartments Command $50M
Cushman & Wakefield facilitated a deal for a 12-building, 383,212-square-foot community in Lakeland, halfway between Orlando and Tampa.
Cortland Adds 319-Unit Community to Atlanta Portfolio
The company increased its multifamily footprint in the city to more than 11,000 apartments with the acquisition of Domain at Phipps, a Class A rental property in the Buckhead neighborhood.
NJ Mixed-Use Development Site Commands $48M
Meridian Investment Sales represented both parties in the deal for the 3.4-acre lot, which will be turned into five buildings consisting of 477 residential units and some 23,000 square feet of retail space.
Suburban Atlanta Community Changes Hands
Bell Partners has expanded its multifamily portfolio in Georgia to nine assets by acquiring a 24-building property located in Kennesaw.
MD Apartments Change Hands in $87M Deal
The Donaldson Group partnered with Declaration Capital and a fund managed by DRA Advisors to acquire a 592-unit garden-style community in Silver Spring, with plans to renovate the asset in the year ahead.
$60M Financing Secured for Orlando Apartments
HFF arranged the loan on behalf of the developer, a partnership between Sumitomo Corporation of Americas, FINFROCK and OneEleven Residential.
$80M Luxury Community for Seniors Coming to Long Island
Triangle Equities is teaming up with GTIS Partners to develop Kensington Estates, an upscale community targeting seniors aged 55 and over in Woodbury, N.Y.
$95M Loan Secured for LA Luxury Tower
The financing, provided by Helaba on behalf of ASB Allegiance Real Estate Fund, will go toward the 35-story WaterMarke Tower located in the city’s financial district.