Waypoint Residential Scores $29M Refi
The financing will retire an existing construction loan for the 278-unit Estraya Westover Hills in San Antonio.
Albuquerque Community Changes Hands
Cooper Street Capital financed the acquisition of the 154-unit Lexington Place with a $7.9 million, 5-year acquisition loan from Washington Federal.
Prime Group Buys 309-Unit Portland Property
Newmark Knight Frank originated a $63.7 million Freddie Mac acquisition loan, set to mature in 2031.
Epoch Residential Sells 308-Unit San Antonio Asset
The deal is the first time the 2015-built community has changed hands. Nationwide Life Insurance provided the buyer with a nearly $27 million acquisition loan.
IPA Arranges 247-Unit Community Sale in Fort Worth
The brokerage company represented the seller in the disposition of Creek on Calloway in Richland Hills. The asset received significant interior and exterior improvements since 2013.
Investors Capital Group Sells 264 Units in Albuquerque
Completed in 2000, the sale marks only the second time Canon de Arrowhead traded. JLL originated a $15.8 million acquisition loan for the buyer.
Boston Capital Expands Houston Footprint
The sale marks the first time the 396-unit Aventura on Briar Forest changed hands since 2007. Canadian Imperial Bank of Commerce originated $39.5 million in acquisition financing.
Beachwold Residential Expands Dallas Presence
AIG secured $45 million in acquisition financing for the new owner of Austin at Trinity Green, a 355-unit property completed two years ago.
Presidium Group Sells 360-Unit San Antonio Community
Wells Fargo provided the new owner with a $25.6 million Freddie Mac loan set to mature in 2029. As of June, Axio Apartments was 91.1 percent occupied.
GAIA-Led JV Sells 300-Unit Houston Asset
The company initially purchased Cashel Springs in 2015 as part of a 1,376-unit portfolio, for $88.4 million.