Business Specialties
Peak Campus Increases Southern Management Portfolio
The firm will manage two student housing communities featuring a combined 1,429 beds in Tampa, Fla., and Charlotte, N.C.
Berkadia Secures Loan for $97M Florida Buy
Robbins Electra sold the 542-unit property to Advenir. Freddie Mac originated the $80 million value-add, three-year loan.
Gaudenzia Completes Philly Affordable Housing Project
Designed by Cecil Baker + Partners for families battling addictions, the 24-unit community is now open for residents that are transitioning from treatment to independent living.
MN Community Lands $31M Refi
Dougherty Mortgage secured the Fannie Mae loan for Residences at 1700, a 115-unit property in Minnetonka.
Luxury Condo Building Breaks Ground on Okaloosa Island
Crossgate Partners and Olson Land Partners have begun construction of Blu, a 47-unit community in northwestern Florida. ResortQuest Real Estate is leading the sales and marketing efforts for the development.
CAPREIT Assumes Management of Affordable Housing in Upstate NY
Rochester Highlands is a 504-unit affordable apartment community in Rochester, N.Y., across from the recently developed mixed-use property CityGate.
MG Properties Grabs $98M OR Apartments
The company acquired the 340-unit Thorncroft Farms Apartments in Hillsboro and plans to make upgrades to the property.
Decron Acquires Bay Area Property
The 220-unit multifamily property sold for nearly $90 million and features a mix of one- and two-bedroom apartments across four buildings.
Suburban Philly Community Lands New Management
The property, which contains 148 condominium units across 19 buildings, features amenities including a tennis court and a swimming pool.
LA Community Sells for $45M
IPA arranged the sale of Cielo Apartments, a Class A, 119-unit community in Chatsworth. Amenities include a clubhouse, fitness center and 208 parking spaces.