Business Specialties
Greystar Acquires Majority Interest in Thackeray Partners
The acquisition will give the firm additional rental housing as well as access to investments in the growing industrial sector.
Estate Cos. Lands $76M Loan for Miami Project
The construction financing from Bank OZK will be used to build a 367-unit community in North Miami Beach.
Alex. Brown JV Pays $24M for Alabama Student Asset
The buyer financed the 192-unit acquisition with $19.5 million from Ares Commercial Real Estate.
Westport Properties Expands Central Florida Portfolio
The recently completed self storage facility west of Orlando sold for nearly $10 million.
Social Impact Investors Target Naturally Occurring Affordable Housing
Through “quick strike” funds, impact-minded sponsors are competing with value-add investors that purchase older properties with the goal of raising rents.
LifeStar Living to Bring Condo-Style Senior Housing to Florida
The developer has closed on the location of the upcoming 80-unit community in St. Petersburg.
Dominium Expands Arizona Footprint
The 308-unit development in Phoenix is slated for a 2022 completion.
Mill Creek Tops Off Dallas Community
The firm will open the 217-unit property to its first move-ins next spring.
Quinlan Kicks Off 17-Story Mixed-Income Brooklyn Project
CIT Group provided a $35.7 million construction loan, with Hines contributing mezzanine financing.
Out-of-State Investor Pays $55M for Luxury Los Angeles Asset
Converted from a condominium community mid-pandemic, the property traded for roughly $900,000 per unit.