Business Specialties
Bucci Development Sells South Carolina Apartments
Cushman & Wakefield represented the seller in its disposition of The Village at Lake Wylie, a 392-unit property in Charlotte’s submarket of Lake Wylie, S.C.
Boston-Area Community Scores $49M in Affordable Financing
Developer WinnCompanies acquired the 284-unit property, a converted industrial leather tanning complex in Peabody. The deal ensures the apartments will remain accessible to low-income families.
Tucson Community Changes Hands
Next Wave Investors sold Orange Tree Village Apartment Homes for nearly $16 million, after implementing a capital improvement plan at the property.
Orange County Property Commands $98M
A private investor scooped up the 264-unit, Class A asset in Santa Ana, Calif. Built in 2016 by Lyon Living and Integral Communities, the multifamily property includes 10 affordable units.
Baltimore Warehouse to Become Apartments
The Mid-Atlantic Multifamily Group of Transwestern Commercial Services has been named the exclusive advisor for the adaptive-reuse project which could see more than 140 units created in the historic brick building.
Community on Atlanta BeltLine Trades for $66M
Ghitis Property Co. acquired Ayla on Krog from PGIM Real Estate. The recently completed, 222-unit apartment property is located in the Inman Park neighborhood, fronting the city’s popular public trail.
Chicago Luxury Community Breaks Ground
The 188-unit transit-oriented development located in the city’s River West neighborhood is slated for completion in 2020.
NKF Facilitates $36M Sacramento Sale
Managing Director Zachary LeBeouf and Senior Managing Director Anthony Pappageorge worked on behalf of the buyer. The transaction was a 1031 exchange.
MHN Poll: Investment Influences
MHN has a new poll! We want to know which of the following factors is most likely to influence investment during the second half of 2019.
Monarch Buys 240-Unit NM Community
Berkadia originated a $21.5 million Fannie Mae acquisition loan for the new owner, while a team from Marcus & Millichap represented the seller and procured the buyer.