Business Specialties
High Street, MetLife Break Ground in Phoenix
The partnership will construct a five-story 190-unit community that will include a coffee bar, interactive lounge space and gaming area.
Dougherty Arranges Acquisition Loan for Dallas-Area Community
Dougherty Mortgage teamed up with Old Capital Lending to secure a 12-year term loan for the acquisition of Colonial Arms, a 123-unit community in Waco, Texas.
JV Grabs Denver Community for $66M
Constructed in 1977, the 418-unit multifamily property in the city’s Arapahoe-Southwest submarket features a mix of studio, one- and two-bedroom apartments.
JV Breaks Ground on Charleston Apartments
Madison Capital Group and Chaucer Creek Capital have started work on Sweetgrass at Bees Ferry, a 192-unit community in the West Ashley submarket.
VA Student Community Selects New Management
Chain Bridge Capital recently purchased the 816-bed, 228-unit property located approximately two miles northeast of James Madison University’s campus.
Northern FL Community Changes Hands
The 48-unit Tallahassee asset is located in the Providence neighborhood, half a mile from the city’s Innovation Park, and last traded more than a decade ago.
Quantum Capital Arranges $25M for LA Student Housing
City Park Apartments is near the University of Southern California and features 130 units and a subterranean parking garage.
Senior Housing Breaks Ground in Master-Planned NC Community
Construction has commenced on the 108-unit, senior housing component of the 1,070-acre Berewick master-planned community in Charlotte, N.C.
CIM Grabs NorCal Development Site
The firm, in a joint venture with Strada, plans to build a 16-story community containing nearly 300 units in Oakland’s central business district.
PA Community Receives $9M Freddie Mac Loan
The borrower used the current loan to pay off debt service and prepayment penalty, while also recovering trapped equity, which will be reinvested into the apartment community.