Business Specialties
Greystar Takes $72M Construction Financing in Nashville
Northwestern Mutual provided the seven-year mortgage to fund development of the 300-unit high-rise in The Gulch, a hotbed of development activity in the city center.
Arbor Realty Finances Charlotte Acquisition
The purchase brings FriedLam Partners’ Charlotte portfolio to 11 market-rate multifamily properties totaling more than 1,500 units across the metro.
Raleigh-Durham Community Sells for $38M
The deal marks Centennial Holding Co.’s second major sale of the year. The firm acquired the asset from Dominion Realty Partners in 2014 for $32.3 million.
Wood Partners Breaks Ground on Seattle Community
Located in the historic Columbia City neighborhood, the 243-unit Alta Columbia City marks the company’s third multifamily project in the metro.
Denver Community Gets New Management
The owner of the 322-unit multifamily asset, Investors Management Group, signed The Laramar Group to take over property operations from ConAm Management.
Oden Hughes Breaks Ground on Houston Project
The developer began construction of a 380-unit luxury community in the Clear Lake suburb. With MXCAP as a major investor, the project is slated for completion in mid-2020.
Atlanta-Area Community Changes Hands
Bridge Investment Group acquired a 308-unit multifamily property in western Gwinnett County. CBRE assisted the seller in the disposition.
Ventas to Acquire $1.8B Canadian Senior Housing Portfolio
In a partnership with Le Groupe Maurice, the company has signed an agreement to acquire 28 communities totaling nearly 8,000 units across the province of Quebec.
Glendale Apartment Portfolio Commands $79M
Raintree Partners has purchased seven multifamily properties and added 231 units to its growing portfolio of smaller multifamily properties in urban California locations.
NHI Venture Buys Senior Housing Portfolio for $128M
The REIT has teamed up with affiliates of its existing tenant, Discovery Senior Living, to acquire six communities across three states, totaling nearly 600 units of independent and assisted living and memory care facilities.