Business Specialties
VT Townhomes Reach $34M Sellout
Spruce Peak’s Village Townhomes in Stowe includes 18 luxury units and is the second of the company’s properties to sell out before construction was completed.
Michigan Investor Buys Toledo Apartments
Jamestown Apartments 17 has obtained acquisition financing to buy the Jamestown of Toledo Apartments in Toledo, Ohio.
JV Debuts DC Affordable Housing
Developed by Somerset Development Co., New Community Partners and Jonathan Rose Cos., Portner Flats features 96 units and a playground, a fitness center and a community garden.
Kaplan Taps Prescient for 336-Unit Atlanta Tower
Prescient’s Digital Thread technology will be used to efficiently deliver the belated project. The BIM system is expected to cut development costs, risks and deliver a superior product.
ARA Newmark Facilitates Orlando Luxury Asset Transaction
Director Scott Ramey, together with Executive Managing Directors Patrick Dufour and Kevin Judd, arranged the sale of Axis West, a new 268-unit community.
Greysteel Facilitates VA Apartment Acquisition
Merrimac Gardens, a 216-unit property in Portsmouth, includes a swimming pool, off-street parking and on-site laundry facilities.
Life Care Services Tapped to Manage $215M FL Senior Housing
The 42-story Riverwalk Residences of Las Olas in Fort Lauderdale will include 401 units, on-site doctors, physical therapy and adult daycare.
Blue Heron Closes Construction Loan for NC Asset
The 164-unit community will rise next to Durham Central Park, replacing a functionally obsolete and underutilized building.
CPC Arranges $11M for PA Asset
Terrain Apartments, formerly a hotel, includes 152 units across 19 buildings. The borrower used Freddie Mac’s Green Advantage program and committed to a 27.8 percent water savings.
Bentall Kennedy Appoints New SVP in DC
Melanie Domres has more than 30 years of asset management experience, having previously founded Cafritz Interests’ Multifamily Development division, as well as Novus Residences Management.