TODAY’S DEALS: Why Heitman Thinks Austin is Awesome
Austin continues to prove a hot destination for institutional money; and a mobile home park finds favor with Bernard Financial.
TODAY’S DEALS: Legacy JV has Big Plans with Marina del Rey Acquisition
A joint venture led by Legacy Partners buys in Marina del Rey; Relative Properties acquires a 248-unit community from TGM Associates; and details emerge in Armada Hoffler Properties’ sale of a newly built asset in Durham, N.C.
TODAY’S DEALS: University of Chicago Lists 676 Units for Sale
HFF lands a hefty marketing contract in Chicago; Bascom buys in Long Beach, Calif.; and Hamilton Point buys two properties for $41.2 million.
TODAY’S DEALS: Fort Lauderdale Condo Site Sells for $10M
ARA Newmark brokers the sale of a condo site in Florida; TGM Associates completes a disposition in Jupiter, Fla.; and HFF brokers $70 million in joint venture equity.
TODAY’S DEALS: Praedium Buys Massachusetts Apartments from Wood Partners JV
Wood Partners and Bavin Inc. complete a Boston-area disposition; Canada’s Starlight Fund finds value in Florida; and Berkadia arranges $18.5 million for affordable and student housing.
TODAY’S DEALS: RADCO Completes Third 2015 Buy with Clearwater Apartments
The RADCO Cos. drops $34.2 million on a Florida asset; OpenPath kicks off a value-add play with an acquisition in Colorado; and Quantum Capital arranges a $33 million refinancing.
TODAY’S DEALS: Hamilton Zanze Grabs Fifth Community in Portland MSA
Hamilton Zanze acquires a 210-unit asset for $22 million; Federal Capital Partners provides Kane Realty Corp. with mezzanine financing for a Raleigh, N.C., development; and a Detroit apartment property sells for $2.5 million.
TODAY’S DEALS: Equity Residential Drops $130.2M on Boston Asset
CBRE/New England brokers a Gerding Edlen sale in Boston; Berkadia brokers the sale of a California multifamily property for more than $55.5 million; and Oakwood Worldwide grabs Raleigh corporate apartments.
TODAY’S DEALS: Portland Micro Unit Asset Lands Mezz Loan
Pembrook Capital Management closes a $6.3 million mezzanine loan; HFF secures $41 million for apartments adjacent to Disney World; and The RADCO Companies acquires an apartment community for $31.2 million.
TODAY’S DEALS: Ullico Loan Kicks Off Philly Mixed-Use Development
National Real Estate Development has landed a $141 million construction loan; CIT provides $57.5 million for a Brooklyn waterfront acquisition; and Eagle Group Finance supplies $3.1 million for an assisted living facility.