Business Specialties
Black Creek Group Shells Out $117M in Atlanta
The Class A property built in 2018 marks the company’s third multifamily acquisition this year.
TerraCap Sells Atlanta-Area Community for $16M
The Arbors previously changed hands in 2017, as part of a $116 million portfolio transaction.
Hines to Develop First Oklahoma Housing Project
The firm is partnering with Humphreys Capital on a 325-unit community in the capital of the Sooner State.
City of Phoenix Breaks Ground on Affordable Housing Project
Monroe Gardens Apartments will replace an obsolete 38-unit public housing community in the city’s Sky Harbor submarket.
Starwood REIT Snaps Up New Phoenix-Area Community
This is the second Scottsdale multifamily asset to trade for more than $90 million this week.
Riverpoint Partner’s Denver Community Lands $41M Refi
The company secured financing for its 203-unit luxury building in the city’s Jefferson Park neighborhood.
Renovation Begins at Chattanooga Apartments
A partnership involving Pennrose Properties and the Chattanooga Housing Authority started redeveloping two outdated multifamily communities totaling 311 units.
Truist Financial Arranges $39M Loan for Texas Acquisition
The bank secured the Fannie Mae loan for the acquisition of a 312-unit community in Dallas.
Phoenix-Area Community Sells for $37M
The buyer of the 153-unit, garden-style community financed the acquisition with a nearly $24 million Freddie Mac loan.
Lincoln Property-Led Venture Closes $800M Fund
The firm, along with partner Cadillac Fairview, will focus the fund on developing and acquiring high-quality multifamily across the U.S.