Business Specialties
Goldman Sachs Provides $106M Loan for Nashville High-Rise Project
Plans for the 29-story SoBro development call for 354 units above a podium with four levels of parking and 7,600 square feet of retail space.
NAI Capital Brokers Pasadena Transaction
Mario Gandara, Ramzy Prado and Jenny Eng of the company’s Multifamily Services Group worked on behalf of both the seller and the buyer.
Wood Partners Breaks Ground on Luxury Portland High-Rise
The upcoming community will incorporate the northern part of the Artists Repertory Theatre building and will also feature ground-floor retail and affordable units.
Boston Capital Sells Phoenix Asset for $65M
KeyBank provided Eaton Vance Investment Managers with a $45.8 million Fannie Mae loan for the acquisition of Aventura in Avondale, a 17-building gated community.
Public-Private Partnership Kicks Off Durham Project
DHIC, Self-Help and local authorities broke ground on Willard Street Apartments, downtown’s first newly constructed, fully affordable community for households earning 60 percent or less of the area’s median income.
FL Luxury Conversion Sells for $35M
Waypoint Residential traded the 288-unit multifamily asset in Tallahassee after converting it from student housing. Newmark Knight Frank represented the seller and procured acquisition financing for the buyer.
BRT Sells Houston Portfolio for $33M
The REIT had owned the 240-unit Stonecrossing and the 144-unit Stonecrossing East since 2013 and repositioned them through a value-add improvement program.
LA Luxury Development Receives $24M Loan
PacTen Partners secured the loan for the construction of a 140-unit transit-oriented condominium project located in the heart of the city.
Allied Orion Chosen to Manage 800 Texas Units
The company will oversee two Class A communities owned by GenCap Partners Inc. in Austin and Leander, boosting its portfolio of more than 23,000 apartment units nationwide.
Optima Kierland: An Oasis in Arizona’s Desert
Optima President David Hovey Jr. presents the pilot project of Phoenix’s newly adopted International Green Construction Code. The four-tower development is underway in Scottsdale.