Business Specialties
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.
New Scottsdale Self Storage Asset Lands $22M Refi
The Phoenix-area property, which came online last fall, is in its lease-up phase.