Business Specialties
Student Housing Community Wraps Up in Detroit
Developer Corvias and Wayne State University have finished the second phase of the 841-bed project.
FCP Completes 6th Atlanta Acquisition This Year
The company paid $19 million for a 234-unit garden-style property in Clarkston, Ga. Cushman & Wakefield assisted the seller in the deal.
Berkeley Student Housing Portfolio Changes Hands
The six properties serve students attending the University of California, Berkeley.
Manhattan Communities Get $119M Refi
The owner secured the Fannie Mae financing in preparation for the expiration of the city’s 421a tax abatement program.
Chicago’s 200 Squared to be Converted to Apartments
Managed by Lincoln Property Co., the 42-story downtown tower currently offers corporate housing.
ROSS Buys Community in Richmond Opportunity Zone
The new owner of the 98-unit asset is investing $3 million into capital improvements at the 1962-built property.
LR Management Buys Detroit-Area Community
The acquisition of the 62-unit asset in Farmington Hills, Mich., was subject to a $3.5 million Fannie Mae loan from Greystone.
Hampton Roads Project Gets $22M Financing
Bellwether Enterprise secured the loan for the developer of the 162-unit community, set for completion in late 2020.
Development Wave Energizes Central, Eastern Europe
Greenfield and brownfield developments—many of them including much-needed residential components—are reshaping large swaths of the continent. Panelists at Expo Real discussed standout projects.
West End Capital Buys Hampton Roads Community
The new owner has renamed the 104-unit fully affordable multifamily asset and plans to invest in capital improvements.