Cities
American Landmark Expands NC Footprint
The Florida-based company teamed up with Electra America to acquire a three-property portfolio comprising more than 1,000 units. The new owners plan to invest up to $8 million in renovations.
Luxury Community Breaks Ground in Capitol Hill
With delivery planned for 2020, Foulger-Pratt’s Beckert’s Park in D.C. will feature 325 units and 68,000 square feet of ground-floor retail, including a Safeway store.
PAC Buys 140-Unit TX Student Housing
The Bloc, located in Lubbock, serves students attending Texas Tech University and includes access to a swimming pool, a fire pit and a free Starbucks bar.
JV Lands $72M for Houston Property
Dinerstein Cos. and Coventry Real Estate Advisors secured the loan to refinance Millennium High Street, a 340-unit community with 26,000 square feet of retail space.
On the Market: 5 Interesting Listings for the Week of 6/25
This week’s listings include an heirloom property near Roxbury Park and Century City in Beverly Hills, a community in the heart of Texas that is primed for Fannie or Freddie green financing, and more.
CBRE Arranges Affordable CO Sale
Dan Woodward, David Potarf, Matthew Barnett and Jake Young represented the seller. The Romero Group manages the property located within Willits Town center, a 360,000-square-foot mixed-use development.
Stantec Breaks Ground on Tampa-Area Luxury Condos
The 400,000-square-foot BLVD tower was developed by Core Development and will comprise 49 units. Amenities will include a wine cellar, a rooftop pool and an outdoor summer kitchen.
NAP Trades New Atlanta Luxury Community
The 244-unit Anthem on Ashley opened earlier this year and includes 6,000 square feet of on-site restaurant and retail space.
HUD Approves $5B State Action Plan for Harvey
The Texas General Land Office will directly administer and oversee the programs associated with the Community Development Block Grant – Disaster Recovery funds.
Western Wealth Completes 40th Acquisition in Phoenix
The Canadian firm expanded its Arizona portfolio with the acquisition of Sun Wood, a 220-unit age-restricted community in Peoria, Ariz.