Cities
ARA Newmark Gets Senior Managing Director in Austin Office
Matthew Day has more than 16 years of commercial real estate experience. In his new role he will oversee the company’s multifamily investments across Central Texas.
Panama City-Area Community Lands $5M Refi
Arbor Realty Trust provided the CMBS loan for the property, which is located at 905 W. 26th St., and features 76,417 rentable square feet.
Demmon Partners Snaps Up Sacramento Asset for $33M
Walker & Dunlop provided nearly $15.9 million in Fannie Mae financing for the acquisition of the five-story community, which comprises 50 one- and two- bedroom units.
Berkeley Point Capital Provides $59M Fannie Mae Refi
Led by Mitch Clarfield and Joshua Braceros of the firm’s Santa Monica office, the team coordinated debt placement for Autumn Park Apartments, a 586-unit community in Charlotte, N.C.
Luxury Waterfront Community Opens in East Boston
The 25 percent pre-leased Boston East community, developed by Trinity Financial and East Boston Community Development Corp., features 200 luxury apartments and includes a community art gallery.
Feldman Equities, Two Roads Unveil Plans for $350M Tampa Tower
Riverwalk Place will be the tallest tower in the area and will include luxury condominiums, offices and restaurants.
Boston-Area Asset Receives $29M Loan
Reed Realty Advisors will use the proceeds to finance the development of Pac 10 Lofts, a 180-unit affordable housing community in Lawrence, Mass.
Miami Luxury Development Receives $58M Loan
Estate Investment Group secured the construction financing through Florida Community Bank. The community dubbed Soleste Twenty2 is slated for delivery in mid-2019.
JPI Continues Dallas Investment
The company broke ground on a 409-unit luxury community, which will comprise approximately 300,000 square feet of office space and 22,000 square feet of retail.
Maintaining Momentum in Atlanta
The metro’s economic growth and positive demographics support apartment demand, even at a time when inventory expansion is rapid, having reached new highs in recent years.