Business Specialties
211-Unit Affordable Community Opens in Utah
Wasatch Premier Communities wrapped up construction on Arcadia Apartment Homes in Sandy. The Utah Housing Coalition provided part of the financing needed to complete the project.
Luxury Community Opens Doors in Salt Lake City
Wright Development Group’s 213-unit property broke ground near the end of 2016, with Washington Federal providing more than $30 million in construction financing.
Local Developer Adds 70 Units to Seattle Affordable Housing Supply
Lake City’s former Fire Station 39 site has been revitalized as an apartment building dedicated to low-income individuals and families. Rents range from $526 to $1,353.
San Antonio Student Community Changes Hands
Arrimus Capital financed the acquisition of the 498-bed property with a nearly $25 million Freddie Mac loan originated by Walker & Dunlop.
Berkadia Represents Both Parties in $33M Miami Deal
Senior Director Tal Frydman, Director Yoav Yuhjtman and Associate Director Nicholas Perrone of the company’s South Florida office brokered the sale of the 234-unit Park Plaza Apartments.
Community for Homeless Proposed in Albuquerque
A local business alliance plans to construct a campus-style property west of the city with space for approximately 170 people.
Albuquerque Housing for Homeless Opens Doors
The developer broke ground on the new 52-unit building at the city’s largest shelter for homeless people, Joy Junction, in May 2017.
Detroit Community Reopens Following $12M Renovation
The Hamilton Midtown, a 105-year-old historic building previously known as Milner Arms, underwent an extended renovation that lasted more than a year.
Penzance Targets Metro Washington with $255M Fund
For its first private-equity fund, the investor-developer anticipates parlaying capital into a portfolio valued at $800 million to $1 billion
Lendlease Unveils Chicago South Loop Community
The Cooper at Southbank is one of five residential towers the company will build on the 7-acre site.