Business Specialties
IN Affordable Assisted Living Facility Lands $17M Financing
Walker & Dunlop provided the 40-year construction loan through HUD’s Low-Income Tax Credit for Oasis at 56th that will feature 51 studios and 73 one-bedroom apartments.
Transwestern Brokers Sale of LA Luxury Asset
The property is located in Culver City, Calif., near Playa Vista’s entertainment and tech hubs. The brokerage company represented the buyer, a private investor, in the off-market transaction.
Fort Capital Begins Work on Smart Community in Texas
The Palmer will be located within a mixed-use development called The River District in West Fort Worth and will include 46 units with IOTAS technology.
Investors Obtain $35M for AZ Acquisition
Western Wealth Capital secured the 360-unit Autumn Creek Apartments in Chandler. The property is currently 95 percent occupied.
Leasing Underway at FL Live-Work-Play Community
Allen Morris Co.’s Maitland City Centre includes 244 units and 10 offices, as well as an outdoor yoga area, a wet bar and a rooftop dog run.
Pathfinder Partners, Lanshire Complete CA Townhomes
Bahia Vista II in Chula Vista offers 16 townhomes and a tot lot, a paved trail and private patios. The community is scheduled for completion by August 2018.
2 GA Student Housing Assets Receive $30M Recap Loan
The properties operate as one community, total 366 units and serve students attending the University of Georgia, which is located three miles away.
IPA Sells 350-Unit TX Property
Executive Director Will Balthrope, Senior Director Drew Kile and Jordan Featherston brokered the transaction of the 1998-built multifamily property. Sendera Investment Group is the former owner of the community.
Marcus & Millichap Arranges Sale of Uptown Minneapolis Asset
Colfax Avenue traded for $1.4 million. GLT Partners’ Mox Gunderson, Dan Linnell, Josh Talberg and Abe Roberts acted on behalf of the seller and also secured the buyer.
Marcus & Millichap Brokers Sale of New FL Asset
The Alexander at Sabal Point is a 286-unit multifamily property in the Sabal Point community of Longwood. Casey Babb worked on behalf of the buyer in this deal.