TODAY'S DEALS: Kennedy Wilson Lands Bay Area Asset
Kennedy Wilson acquires a 544-unit asset in the Bay Area; Marcus & Millichap arrange a 152-unit Class A sale in central Texas; and the Bruckal Group acquires a condo conversion in Tempe, Ariz.
TODAY'S DEALS: Praedium, Grubb Acquire Charlotte Asset
The Praedium Group and Grubb Properties buy a 456-unit community; IRET acquires two properties in Lincoln, Neb.; and NorthMarq Capital arranges a seven-year, $26.4 million mortgage through Freddie Mac.
TODAY'S DEALS: Grandbridge Closes $121M Financing
Grandbridge closes a $121 million acquisition loan for a property in Arlington, Va.; Southeast Apartment Partners completes an $18.6 million sale in North Carolina; and a Charles Dunn Co. sale breaks the price-per-square-foot record for the 90034 zip code in Los Angeles.
TODAY'S DEALS: HFF Secures $19.3M for Gainesville Apts
HFF secures a $19.3 million financing from Prudential Mortgage Capital on behalf of Epoch Properties; Kennedy Wilson acquires a Dublin asset next to Google’s European HQ; and Centerline Capital Group provide a $2.25 million Fannie Mae loan to a property in Minnesota.
TODAY'S DEALS: KBS Lands a Chicagoland Community
KBS Legacy Partners acquires a 256-unit asset in Lombard, Ill.; and R4 Capital Closes the first $80 million of a $100 million LIHTC fund.
Steam Dishwasher from LG Eliminates the Dreaded Pre-Wash
The latest steam dishwasher from LG with TrueSteam™ technology is touted to virtually end the need to pre-wash. It also integrates with a smart phone app to either diagnose minor problems or call customer care if a repair is needed.
TODAY'S DEALS: Vesper Completes 644-Bed Student Housing Acquisition
Vesper Holdings buys a student housing asset serving the University of Oklahoma; Marcus & Millichap completes a $29.5 million sale in Wisconsin; and Transwestern arranges the sale of a distressed 1,038-unit portfolio by the lender.
TODAY'S DEALS: Luxury Asset Breaks Ground at the University of North Texas
A new student housing development breaks ground at the University of North Texas; Beech Street closes a Fannie Mae loan for a 144-unit Bronx asset; and Jones Lang LaSalle completes a $28.5 million sale.
TODAY'S DEALS: ARA Brokers Sale of Florida Development Site
ARA completes a land sale in St. Petersburg; Southeast Apartment Partners brokers a $55.1 million sale in Virginia; and Hendricks & Partners completes a $38.5 million sale.
TODAY'S DEALS: Carroll Organization Grabs Luxury Houston Asset
The Carroll Organization buys a 267-unit community just north of Houston; Canadian Apartment Properties REIT enters a $455 million acquisition agreement; and Walker & Dunlop closes a $6 million Fannie Mae financing.