CONTI Expands DFW Presence
Steadfast Income Reit sold the 350-unit Waterford on the Meadow after six years of ownership. Greystone originated a Fannie Mae loan for the acquisition of the Plano, Texas, asset.
Harbor Group Grows Houston Portfolio
The 232-unit The Arrabella traded for the first time since it came online in 2015. The new owner financed the acquisition through a $39.6 million Freddie Mac loan.
Western Wealth Capital Sells Phoenix-Area Property
The 153-unit Verde Dimora traded for $27 million, or roughly $177,000 per unit. A team from IPA represented the seller and procured the buyer.
Newly Completed Houston Community Receives $28M Refi
Leon Capital Group will use the financing to retire an existing construction loan from Bank OZK for their 220-unit 1711 Caroline community.
Austin-Area Asset Changes Hands
Strategic Property Investment financed the acquisition of the 254-unit property in Kyle, Texas, through a $27.1 million Fannie Mae loan.
Cortland Expands in Houston
The company used a Freddie Mac loan to finance the acquisition of Tradewinds at Willowbrook from Olympus Property, which had owned the 332-unit community for seven years.
GVA Real Estate Group Acquires San Antonio Community
JLL represented the seller in its disposition of the 170-unit Victorian Village. The buyer took out an undisclosed loan for the purchase from MF1, set to mature in 2022.
AvalonBay Sells Houston Property for $98M
Alliance Residential financed the acquisition of the 474-unit Archstone Toscano through a $66.7 million, four-year loan from Zions Bank.
New England Portfolio Secures $164M Refi
The 14 communities adding up to 1,620 units are spread across Greater Boston and suburban New Hampshire. PGIM Real Estate Finance originated the Fannie Mae loan.
Albuquerque Housing Project Advances with Phase 2
The Highlands is a 12-acre master-planned development featuring eight components, including two residential communities, a Marriott SpringHill Suites Hotel and more than 40,000 square feet of retail and dining.