Business Specialties
Campus Apartments Snags VA Property for $31M
The Collection Midtown in Richmond includes 20 buildings and 219 units. This acquisition is the company’s third in the area.
Marcus & Millichap Brokers Sale of 2 WV Properties
The communities are situated north of central Morgantown and have a combined 409 units in 29 individual buildings.
Colliers Brokers Record Sale of West Seattle Community
Completed in 2015 and a 6-mile drive of downtown, the 38-unit asset sold for a record price in the West Seattle area.
MACC JV Grabs TN Portfolio
Hyde Capital Group traded the two communities, totaling 456 units, for more than $32 million. The new owner plans to renovate both assets.
Greystone Provides $77M for IN Asset
The company facilitated the loan for Bayshore Properties’ 1,337-unit Park West Apartments in Griffith. The 12-year, fixed-rate Fannie Mae loan includes six years of interest only.
Olympus Property Acquires 350-Unit TX Community
The firm acquired Vista at Grand Crossing in Katy and has renamed it Olympus Grand Crossing. The move comes soon after it sold Kenwood Club at the Park in the same city.
Work Begins on 318-Unit Luxury Community in NC
Dominion Realty Partners broke ground on The Residences at Shiloh Crossing in Morrisville. Capital Bank provided construction financing for the project.
Security Properties Expands WA Portfolio
The company acquired Insignia, a 162-unit apartment community in Bremerton, which brings its total in the Puget Sound area to 4,000 units.
Houston-Area Value-Add Changes Hands for $15M
Wimbledon Apartment Homes represents Canadian Western Wealth Capital’s first acquisition in Houston and the forth in Texas. The property encompasses 161 units.
Campus Apartments’ Student Housing Investment Strategy
President & Chief Investment Officer Dan Bernstein describes the appeal of this sector and the key to successful planning.