Business Specialties
GMC Properties Lands Refi for 477-Unit Tampa-Area Asset
Berkadia provided nearly $30 million in Fannie Mae financing to retire a prior CMBS loan on the St. Petersburg property.
PCCP, Insight Property Acquire $132M VA Community
Oakwood Falls Church comprises 576 units across four buildings and offers residents access to a 15,000-square-foot clubhouse, an on-site convenience store and a hot tub.
Massive Concrete Pour Begins at FL Condos
Two Roads Development has started construction on Elysee Miami. When completed, the 57-story, 100-unit luxury high rise will be the one of the tallest buildings in the East Edgewater neighborhood.
HHHunt Begins Construction on $43M NC Community
Located in Garner, Abberly Solaire will offer 282 units and access to a coffee bar, a dog park and a pool with in-water seating.
Living the Life of Ease: Self-Service Technology
Michael Slovin from XFINITY Communities shares three main means through which technologies can ease the daily burdens for a property manager.
Leasing Begins at Jersey City Luxury Apartments
The Hampshire Cos. and Claremont Cos. are developing RIVET, which includes 163 units and 10,000 square feet of retail space. The property is expected to be completed in July.
Dalan Management, Elion Partners Acquire Adjacent 2 Assets in Manhattan
The joint venture purchased adjacent buildings on the Upper West Side, totaling 68 units, for $66 million from AAG Management.
Greystone Closes $750M Debt Fund
The eight-year fund invests in debt financing across a range of real estate properties and anticipates an investment capacity of more than $2.5 billion for loan products such as bridge and mezzanine financing.
Jupiter Realty to Open Chicago Luxury Building
The 465 North Park tower, which offers 444 units and more than 10,000 square feet of retail space, is one of several recent high-rises changing Streeterville’s skyline.
OC Value-Add Community Changes Hands
Sleepy Hollow Apartments is a 25-unit infill property located in Anaheim Hills, Calif. The Bascom Group purchased the asset for $7.5 million.