Business Specialties
CIBC Provides $25M Construction Loan for Ft. Lauderdale Tower
Slated for delivery in 2020, the 46-level building known as 100 Las Olas is already one month ahead of schedule and projected to be the tallest of its kind in the city.
Audubon Enters Raleigh-Durham Market
The company acquired and rebranded a 501-unit Durham community and plans to invest $5 million in capital improvements.
E&M Management Buys 2 NY Properties
The two communities, located in Port Ewen and Kingston, traded for $44 million. The purchase was funded with a $33 million loan.
Arcan Capital Picks Up Atlanta-Area Apartments
The 102-unit community, situated approximately 14 miles from Atlanta’s urban core, will undergo more than $2 million in renovations.
Wolff Sells Garden-Style WA Community
CBRE’s Northwest Multifamily Institutional Investment team marketed the sale of the 176-unit Badger Mountain Ranch community, located on the southern side of Richland.
DevMar Secures $36M for FL Community
The Vantage in St. Petersburg will include 211 units, as well as a rooftop pool, a fitness center and a yoga room.
Leisure Care to Manage MO Senior Housing
The Landing of O’Fallon will provide 79 assisted living apartments, in addition to 55 private and neighbor suites for memory care.
Two Roads Joins Tampa Development Partnership
The firm will serve as partner and co-owner with Feldman Equities of Riverwalk Place, which will feature 10 stories of office space and 200 luxury condos.
Innit Takes Multifamily Amenities to a New Level
Offering food-retail API services, the app makes use of location-based preferences that help customers plan their meals, shop and prepare automated cooking.
Sage Equities Lands Atlanta Refi
Grandbridge Real Estate Capital’s Alan Tapie originated the nonrecourse refinancing package of more than $25 million, which will enable the owner to implement energy and water efficiency measures.