Business Specialties
Work Begins on KY Apartments
Continental Properties has started development on Springs at Hamburg, a 312-unit community in Lexington. The developer expects to complete construction in the summer of 2019.
JLL Secures Acquisition Financing for S2 Capital
Benefit Street Partners provided the loan to S2 Capital for the acquisition of Oakland Hills Apartments in Fort Worth, Texas.
Carroll Org. Sells Memphis Community
The company bought the 1,037-unit ARIUM Shelby Farms in July 2014 as a part of Carroll Multifamily Real Estate Fund III LP.
Berkadia Arranges Fannie Mae Loan for Houston Community
Located at 10498 Fountain Lake Drive in Stafford, Texas, the property is a three-story garden-style community spread across a 13-acre site.
JV to Invest $550M in National Portfolio
Cortland Partners, Canada Pension Plan Investment Board and GIC plan to acquire and renovate 8,000 to 10,000 Class B multifamily units across the U.S.
Southeast FL Affordable Community Fetches $16M
The CBRE team of Senior Vice Presidents Timothy Flint and Richard Tarquinio worked on behalf of the seller in the transaction.
Oden Hughes Breaks Ground on Luxury Community in Austin
The community, slated for completion in early 2019, will feature an on-site Community Work Studio, similar to the shared workspaces for lease throughout Austin.
Fairfield Residential Sells 133-Unit Boston Asset
CBRE facilitated the sale of Baker Chocolate Factory Apartments, a three-building property converted for residential use in the 1980s.
Berkadia Secures $40M Refi for NJ Community
The 752-unit Brookchester Apartments is a garden-style community in New Milford, N.J., located 20 minutes from New York City.
Can Real Estate Adapt to Historic Levels of Change?
Steeped in tradition and time-honored techniques, the real estate industry has thrived thanks to its dependability and cyclical nature, but powerful forces are creating disruption on an unprecedented scale.