Business Specialties
Income Property Organization Facilitates 308-Unit OH Transaction
The Shaker Square Apartments portfolio encompasses 15 buildings in Shaker Heights. The $18.7 million deal was brokered by IPO’s Paul McHugh.
Jacksonville Community Changes Hands
Mody Real Estate Group traded the nearly 200-unit property for almost $11 million, providing a 3-year acquisition loan to the buyer.
Tech CU Funds Luxury San Jose Development
Cypress Group received $20.5 million in financing for the construction of the apartment building located in the Willow Glen neighborhood.
Leon Capital Breaks Ground in Austin
The 262-unit Society will have a heavy focus on technology, pulling inspiration from the city’s reputation as a tech destination. Amenities will include creative office space and a resort-style pool.
Historic Student Community Opens After Renovation
Corbin Hall at the University of Kansas, Lawrence now offers 149 bedrooms for women. Upgrades include new mechanical systems, a new main entry and improvements to all rooms, restrooms and public spaces.
Vista Realty Partners Sells Community in Atlanta Burb
Completed in 2017, Northridge Vista Apartments is a 220-unit property in Sandy Springs, Ga. The new owner is New York City-based Hudson Capital Properties.
ARA Acquires 329-Unit Atlanta Luxury Community
The LEED Gold-certified Azure on the Park in Midtown overlooking Piedmont Park offers five designer interior collections and upgraded penthouses.
Berkadia Arranges Sale, Financing of TX Property
Olympus Properties purchased the 346-unit Houston-area community from Trammell Crow Residential and Prime Property Investors.
Cohen-Esrey Acquires 352-Unit KC Community
The previous owner of the 1986-built property invested close to $2.5 million in renovations and upgrades during the last five years.
Age-Restricted Community in DFW Changes Hands
Marcus & Millichap brokered the sale of the 240-unit senior community located south of central Dallas. The buyer received a $20.3 million, 10-year Fannie Mae acquisition loan.