Business Specialties
$190M Secured for LA-Area Luxury Community
JPI will use the financing to develop a 480-unit Class A property situated within Vista Canyon, a 185-acre mixed-use master-planned development in Santa Clarita.
Luxury Community Changes Hands in KC
Union Berkley Riverfront Park includes 407 units and 12,400 square feet of retail space. Flaherty & Collins Properties broke ground on the project in 2016 and completed it in 2018.
VA Community Trades in 1031 Exchange
Capital Square 1031 acquired Woodshire Apartments in Virginia Beach, Va., in a 1031 tax-deferred exchange. The property encapsulates 288 units across 20 buildings.
Marcus & Millichap Facilitates Chicago Sale
The firm has brokered the transfer of an 81-unit community located in Chicago’s Rogers Park neighborhood, approximately 11 miles from downtown.
Newly-Constructed Houston-Area Community Changes Hands
Oxford Enterprises Inc. purchased the 224-unit property located in Waller, Texas, from T.R. Inscore in a transaction facilitated by Institutional Property Advisors.
Marquette Cos., DRA Advisors Buy Chicago-Area Asset
The joint venture acquired the 558-unit community in Westmont, Ill. The seller was Long Wharf Capital LLC.
Dallas Housing Authority Aims to Grow Texas Affordable Housing
The agency has formed public-private partnerships with 12 different firms in order to redevelop seven of its properties.
Cottonwood Residential Sells Nashville Apartments for $40M
The new owner rebranded the 327-unit Class B community as Allegro on Bell, with SunTrust Bank facilitating the acquisition through long-term financing.
Newmark Knight Frank Brokers Sale of FL Community
The firm has arranged the sale of a 318-unit property located in Tampa. Pollack Shores Real Estate Group sold the asset to TH Real Estate.
Marcus & Millichap Brokers KC Sale
Nick Fluellen, Bard Hoover and Max Helgeson represented both the seller and the buyer in the transaction involving the 309-unit lakeside community.