Business Specialties
Jevan Capital Sells San Antonio Community
The property encompasses more than 250 units and is located in the northern part of the city. The deal was subject to a $22.1 million Fannie Mae loan.
Affordable Cincinnati Community Changes Hands
Related Cos. purchased Alms Hill for $3.2 million. Originally completed in 1925, the 200-unit asset in Walnut Hills once served as a luxury hotel.
The Habitat Co. Wraps Up $16M Rehabilitation of Affordable Chicago Community
The 153-unit property in East Garfield Park first came online in 1996. The current project is part of the city’s $1.3 billion Five-Year Housing Plan.
$200M Mixed-Use Development Coming to Chicago
Ogden Commons will be built on 10 acres on the city’s West Side, bringing hundreds of mixed-income housing units, along with commercial and retail space to the area starting next year.
Berkadia Negotiates $42M Sale of SC Community
West Village Lofts is the adaptive reuse of the historic Brandon Mill, a former textile factory. The 117-year-old industrial property was transformed into multifamily in 2016.
Tampa-Area Property Sells for $47M
Independence Realty Trust has expanded its portfolio with Lucerne, a 276-unit community located in Brandon, Fla., about 10 miles from downtown Tampa.
Idaho Apartments Command $24M
Kennedy Wilson acquired the 188-unit community in an off-market transaction financed with a $14 million Freddie Mac loan.
Quad Property Group Sells Jacksonville Community
A joint venture between Hyperion Endeavors and Think Multifamily purchased the 113-unit property for more than $7 million, with Arbor Realty Trust providing acquisition financing.
Providence Management Co. Buys Tampa Property
Centennial Holding Co. has sold Century Falls Apartments for $52.8 million. The buyer has rebranded the community as Seasons at Westchase.
Archway Holdings Buys $29M Nashville Portfolio
The seller, Belew Rentals, had purchased the multifamily assets encompassing more than 360 units between 2012 and 2013, for a combined $4.2 million.