Business Specialties
Campus Advantage Taps New Operations VP
Bringing 23 years of student housing experience, David Timmerman will oversee many of the company’s third-party management contracts.
Miami Luxury Community Lands $102M Loan
Canyon Partners Real Estate LLC has teamed up again with ECI Group, providing a $102.3 million loan for the recapitalization of a two-tower luxury Miami community.
KTGY Plans CA Student Housing
A Chapman University project, including a 402-bed student housing development, has been approved by the city of Orange.
JAG Begins Construction on NJ Community
The 490-unit Jefferson Place Mt. Laurel is expected to break ground this month, and move-ins are scheduled for spring 2019.
Miami Worldcenter Lands Additional Financing
The loan will be used to finance a portion of the project’s high street retail promenade as well as one of the primary parking garages.
Equus Capital Snaps Up $64M FL Apartments
The Reserve at Gateway, a 314-unit garden-style community in St. Petersburg, is 93 percent occupied.
Starwood to Buy $600M FL Affordable Housing Portfolio
The company plans to acquire some 6,185 units through this deal. Due to timing of regulatory approvals and the assumption of in-place financing, the transaction is expected to close in phases.
Draper and Kramer Breaks Ground on Boutique Community
The upcoming luxury building will be located on the last undeveloped site on North Lake Shore Drive, in Chicago’s Gold Coast neighborhood.
Luxury Boutique Manhattan Property Lands $50M
Aview Equities’ 23-unit community underwent a multimillion-dollar revitalization in 2013, including complete renovation of the residential units, the repositioning of the retail space and upgrades to the common areas and building systems.
CBRE Arranges Portland Community Sale
Graham Taylor represented the seller, Kehoe Northwest Properties, in the $25.5 million transaction. The buyer plans to invest $1 million for common amenities upgrades.