Business Specialties
OH Apartments Snag $17M Financing
Pillar originated the loans for two properties in Columbus. The financing includes 10- and 15-year terms and 30-year amortization schedules.
StoneBridge Acquires $54M VA Asset
Copper Spring is a 366-unit, garden-style community in Richmond. At the time of the sale, the property was 97.8 percent leased.
Landmark, CityLife to Develop Midtown Atlanta Student Housing
Landmark Properties and CityLife Development Partners completed the land purchase for construction of a 28-story mixed-use student housing development near Georgia Tech in Midtown Atlanta.
MA Affordable Housing Project Lands $23M
MassHousing arranged the financing through JP Morgan Chase on behalf of Just-A-Start for the renovation and reconstruction of 112 affordable units in Cambridge, Mass.
Pinnacle, Ascend to Break Ground on Miami Community
Construction will soon be underway at Oasis at Blue Lagoon, a 272-unit Class A property near MIami International Airport. Completion is scheduled for 2019.
BPDA Approves 3 Small Boston Communities
The developments are part of a larger set of projects which passed at BPDA’s December meeting. Together, they are expected to bring online 97 units and more than 8,000 square feet of retail space.
Development Partners Obtain $27M for Miami Tower
MEC Development Associates and B Developments are constructing Casa Grove, a 130-unit community set to be complete in 2019.
LMC Constructs Denver Tech Center Apartments
Malbec at Vallagio, which will be completed in 2018, includes digital package lockers and an EV charging center.
Boulder Apartments Command $19M
The Bascom Group has acquired Boulder View Apartments, a 68-unit Class A community. The property’s amenity deck consists of two fire pits, an outdoor kitchen, a heated Jacuzzi and a dog run.
JV Snags 28-Property Portfolio in Sunbelt Region
Acting on behalf of Carroll Multifamily Real Estate Fund V, Carroll Organization and PGIM Real Estate purchased the assets from affiliates of Lone Star Funds.