Business Specialties
Starwood Sells Denver-Area Community
JLL marketed the 222-unit apartment property in Highlands Ranch, Colo., exclusively on behalf of the seller.
World’s Tallest Residential Building Tops Out
Located on Billionaire’s Row, Extell Development’s Central Park Tower rises 1,550 feet above New York City.
FCP Buys Atlanta Community for $23M
The company has acquired the 180-unit Ashford at Spring Lake, boosting its portfolio in the metro area to more than 1,900 units.
Berkadia Secures $84M in Financing
The two communities total more than 500 units in Mobile, Ala., and Kissimmee, Fla., near Walt Disney World Resort.
Westside Capital’s Tampa Expansion Continues
The company’s $29.5 million acquisition of a 337-unit garden-style community marks its second investment in the metro’s Wellswood submarket.
Cortland Buys, Rebrands Atlanta Community
Located in the Atlanta area, the 256-unit Cortland Peachtree Corners was formerly known as Echo Lakeside.
Fore Property Sells Phoenix-Area Asset for $79M
The buyer financed the acquisition with a $62.2 million loan from TPG Capital. The 344-unit Summerly at Zanjero is LEED Silver certified.
FHFA Sets $200B Cap on GSE Multifamily Business
The policy change limits loan purchases by Fannie and Freddie to $100 billion apiece and shifts more resources to affordable housing.
Silverstone Senior Living Makes its Mark in Maryland
Construction has begun on The Seneca of Rockville, a $76 million community in Rockville, Md., one of the company’s three new developments in the Washington, D.C., market.
Miami Co-Living Tower Lands $162M Loan
PMG and Greybrook Realty Partners are developing 400 Biscayne, a 646-unit residential high-rise in the downtown area.