Business Specialties
CA Affordable Senior Housing Lands $20M Refi
Located 10 miles east of central L.A., the 189-unit Beverly Towers provides housing for tenants 62 and older, with incomes less than 80 percent of median income.
Continental Realty Sells 236-Unit NoVa Community
The Chase Heritage community in Sterling is located in close proximity to Dulles International Airport and Dulles Town Center. CBRE’s Mid-Atlantic team facilitated the transaction.
Lyon Capital Ventures Enters Vegas Market With $46M Buy
The company plans to add a short-term stay hotel and additional units on the adjacent land, as well as renovate some features of the 160-unit Gramercy.
NC Community Receives $24M Refi
Signature Property Group secured the loan to refinance 119 South Apartments, a 264-unit Class A property located in Mebane.
Hunt Mortgage Arranges $10M for FL Acquisition
The firm secured a Freddie Mac loan on behalf of Eric Schifferli for its purchase of Seaside Villas, a 121-unit garden-style community located in Gulfport.
Fully Leased Community Trades in North Dallas
4L Enterprises purchased Gateway Apartments, a 76-unit asset located near several major routes. Greysteel arranged the deal on behalf of the seller.
Climate Change and Multifamily Values: A Warning from Florida
Post-hurricane patterns in Miami and other investor favorites suggest that pricing will suffer as storms increase in frequency and severity.
HFF Secures Loan for 71-Building Student Housing Portfolio
The $20 million in financing was used to purchase the buildings, which include 383 beds serving students attending Lehigh University in Bethlehem, Pa.
Greystar Unveils Luxury Apartments in Seattle
Elan Uptown Flats includes 182 units and a pet park, a car charging station and bike storage.
Development Pipeline Creates Near-Term Risks for Multifamily
Is the industry simply meeting the needs of the growing population or are we overbuilding?