Rhodium Buys 462-Unit CT Portfolio
The Bridgeport portfolio, acquired in partnership with Toronto-based Firm Capital, encompasses a 179-unit community and 13 other apartment buildings across Bridgeport.
Philadelphia Portfolio Lands $35M Refi
Meridian Capital arranged the financing on behalf of Lindy Communities for six buildings. One of the largest properties is the 111-unit Academia Suites.
Affordable NJ Community Changes Hands
The new owner acquired Berkeley Terrace for a price tag of $12.2 million and plans to invest in extensive renovations. The project is slated for completion by August 2018.
Meridian Secures $22M in Financing for Luxury Development
Avery Place at Pompano will be an eight-story, Class A community with 145 luxury rental units and workplace studios ranging between 800 and 1,200 square feet.
San Antonio Project Lands $19M Construction Loan
The 192-unit Valencia Lofts in Leon Valley will comprise 14 two-story townhouses with one-, two- and three-bedroom units. The developer is a joint venture between Davila Construction and Loft Concepts.
Downtown DC Project Lands $170M in Financing
Portals Residential Phase V Building will feature 373 rental apartments, a sky terrace, an infinity pool, state-of-the-art fitness facility, as well as a rooftop walkway around the building.
Skanska Invests $41M in Finland Residential Project
The three-phase development called Gustaf Wilhelm will break ground in June 2017 and is expected for completion in the second quarter of 2019.