Business Specialties
Spruce Properties Expands to Iowa with $57M Portfolio Buy
The six communities comprising some 500 units are scattered across suburban Des Moines, in Ankery, Waukee and Polk City.
Spectrum JV Breaks Ground on University City Project in Charlotte
Batson-Cook Development Co. and Heitman are also part of the venture developing the 325-unit community, which will span four buildings on 28 acres.
Cushman & Wakefield Arranges Sale of Alabama Apartments
Managing Director Craig Hey and Director Andrew Brown represented The Legacy Cos. in its disposition of a 200-unit property in Montgomery.
Mill Creek Begins Construction on Washington, DC-Area Community
Located in Arlington, Va., along the Rosslyn-Ballston Corridor, Modera Kirkwood will have 270 units when it is completed in 2023.
Greystar Breaks Ground on First Baltimore Development
After purchasing the site in October, the multifamily giant is moving forward on the 500-unit community.
Cityview Scores Funding for $125M Los Angeles Project
The opportunity zone development, which will start construction this month, will feature 296 apartment units and retail space.
Wildhorn Capital Buys 264-Unit Community
CBRE originated a $24.4 million Freddie Mac acquisition loan for the new owner.
Lending in the Build-to-Rent Single-Family Market: Q&A
John Hutchinson, Trez Capital’s president for the central and southwestern regions, on providing financial solutions for the booming sector.
Transwestern Closes 2 Maryland Sales Worth $96M
Both are value-add properties in the suburban towns of Glen Burnie and Silver Spring, Md.
The Beach Co. Tops Out Nashville Community
Skanska handled construction of the 299-unit Sixth South, slated to open in the fourth quarter of 2021.