Business Specialties
Greystar Opens Luxury Community in FL
The company has added 286 units to its portfolio. The property is located in the Rosemary District of Sarasota, Fla.
KeyBank Provides $64M Loan for Affordable NJ Asset
The refinancing will also help rehabilitate Grace West Manor, a 429-unit Newark community built in 1978. The property serves individuals aged 62 and over.
Partially Affordable Anchorage Project Receives $7M Loan
Elizabeth Place Apartments in Anchorage will serve those earning between 50 and 60 percent of the area’s median income, as well as homeless and disabled residents.
Amazon’s HQ2: The Multifamily Impact
Executives weigh in on the implications for residential markets in Crystal City, Va., and Long Island City, N.Y., Amazon’s future HQ2 campuses.
Boston Waterfront Condo Nearing Completion
The 50-unit luxury building developed by Seascape Development LLC and Delphi Construction overlooks the Fore River and Hingham Bay.
Miami Luxury Project Tops Off
The first residential project in the Western Hemisphere designed by the celebrated Renzo Piano Building Workshop will offer 66 apartments with amenities such as a swimming pool, concierge services and a library.
American Landmark Acquires South Florida Portfolio
The $106 million transaction includes two properties—Siena and Hidden Harbor—encompassing 492 units.
Lexington Corp. Sells St. Louis-Area Community
The buyer, Siesta Coast Capital, paid $4.3 million for the 120-unit multifamily asset. The property last changed hands in mid-2008 for $4.5 million.
Denver Community Secures $55M Freddie Mac Loan
The 436-unit Aurora property built in 1972 encompasses 26 buildings. HFF arranged the seven-year loan on behalf of the borrower.
Seattle-Area Community Sold for $173M
Los Angeles-based Decron Properties entered the Puget Sound market with the acquisition of Avana 522 in one of the largest transactions in the region this year.