Business Specialties
FCP Pays $23M for Atlanta Community
The acquisition marks the buyer’s seventh investment in the area. The new owner plans to rebrand the 164-unit Ashford Gardens.
Alignvest Acquires Ontario Student Housing Portfolio
The student housing REIT acquired four properties totaling 446 units as part of its planned strategy to consolidate its presence in Canada.
Greystone Refinances MI Multifamily Asset
The $11.3 million Fannie Mae loan features a 10-year term and 30-year amortization period. The property is Ranches of Rosebrook in Ypsilanti.
Hunt Real Estate Provides $13M Loan for KY Community
The borrower used the financing for the acquisition of Saddlebrook at Tates Creek, a recently renovated 181-unit property in Lexington.
Axonic Properties Sells $16M FL Community
Creative Realty Partners has purchased the 126-unit property with the third highest price per unit for this type of asset in Hillsborough County. CBRE procured both the buyer and the seller.
Southwest FL Community Sells for $48M
KeyBank provided the buyer, Bridge Investment Group, with approximately $34 million in Freddie Mac acquisition financing for the 300-unit multifamily asset.
In Case You Missed It: MHN’s Top 5 Posts in March
Miss any of our articles? Catch up with five of our most popular posts for the month.
CBRE Finances NC Community Acquisition
Eagleview Capital paid close to $4 million for the 110-unit student housing property in Winston-Salem via a double escrow transaction.
Rockford Homes Sells Columbus Multifamily Asset
The new owner, Jeffrey Berlin, financed the acquisition via a 20-year, $5.5 million Freddie Mac loan arranged by Pinnacle Financial Partners.
Affordable LA Community Opens 1st Phase
Affirmed Housing Group and PATH Ventures have finished work on a 65-unit development dedicated to formerly homeless individuals. The building is part of a 187-unit project.