Business Specialties
Top 10 Multifamily Completions in Orange County
After hitting a cycle peak this year with more than 5,400 units coming online, supply in the area’s multifamily sector is expected to temper. Rental stock should gain some 2,400 units by year-end.
MI Community Receives $11M Refi
After previously securing acquisition financing for Timberwood Crossing, Cohen Financial has now arranged a HUD-insured loan for the same property. Managing Director Cathy Bronkema worked on behalf of the owner.
Tampa Asset Commands $31M
Franklin Street arranged the sale of River View Apartments from River View Tampa. The community includes 296 units.
Modern Forms Introduces New Ventilation Solution
Using a DC motor powered by WAC LED and control technologies, the Modern Forms Vortex Fan exclusively runs on stealth mode.
Latch Raises $70M Series B Fund
Brookfield Ventures will be leading the fund and installing the brand’s smart access system throughout properties within its current pipeline, creating the world’s largest smart access ecosystem within a single portfolio.
Walker & Dunlop Closes $26M Loan for AL Student Housing
Two21 Armstrong, a 390-bed property, is located just two blocks from Auburn University. Livingston Hessam, Jeremy Pino and Kyle Miller, along with HUD experts Keith Melton and David Strange, arranged the loan.
Hunt Real Estate Provides Financing for CO Affordable Project
The firm facilitated a $34.4 million loan for the construction of The Village of Wintergreen, a planned 156-unit property in Keystone, in the Rocky Mountain region.
Cushman & Wakefield Arranges $134M AL Sale
The portfolio includes five properties: Crossings at Pinebrook, The Pathways, Sandpiper, Windsor Place and Yester Oaks, all located in Mobile.
Suburban Dallas Community Changes Hands
JLL’s Capital Markets team secured acquisition financing for Frontline Holdings, which bought the 334-unit apartment community in Lewisville from InterCapital Group.
Priderock Acquires $154M AZ Portfolio
IMT Residential sold Del Coronado, Moorings at Mesa and Rancho Murietta, which are located in Tempe and Mesa.