Business Specialties
Northern NJ Development Site Trades for $17M
The upcoming apartment community will be located on a former fuel farm, previously owned by Hess Corp. River Development acquired the facility in 2014, and has since demolished it, preparing the riverfront for luxury apartments.
Continental Partners Arranges $38M for 4 LA Deals
Working on behalf of four different sponsors, the company was able to secure financing for 12 properties totaling 210 units.
Greystone Closes $80M NC Deal
The transaction allows the company to convert the financial structure of 645 affordable housing units across nine communities for the Greensboro Housing Authority.
ZOM Living to Develop Ft. Lauderdale Community
The developer will break ground on Las Olas Walk, two eight-story luxury apartment buildings on a 3.2-acre parcel.
On the Market: 5 Interesting Listings for January
This month’s multifamily listings include a community in Vancouver’s Kitsilano neighborhood, apartments overlooking Biscayne Bay in Miami Beach and an asset located within a highly dense urban center in Pembroke Pines, Fla.
Campus Advantage to Manage TX Community
The firm is now handling the operation of a newly built, 384-bed student housing property, which is situated near Sam Houston State University in Huntsville.
HSL Lands $17M in Loans for Tucson Assets
Both loans benefit from Fannie Mae Multifamily’s Green Rewards program, which serves as an incentive for the owner to more efficiently use water and energy.
Miami Worldcenter’s First Residential Tower Tops Off
Scheduled for completion this fall, CAOBA will feature a wide array of amenities, including private balconies with views of Biscayne Bay and the downtown skyline.
Pathfinder Expands Phoenix Footprint
The company acquired Vintage Apartments for $18.6 million and Avalon Apartments for $13.7 million, with plans to renovate both communities.
Hudson Capital Buys 512 Units in NC, GA
The company purchased two communities—Cary Reserve at Weston and Willow Trail—for $66 million, with the aim of investing an additional $7 million for capital improvements.