Cities
Cortland Partners Nabs Orlando Property for $59M
Situated in one of the city’s fastest-growing submarkets, the 288-unit asset is LEED-certified and was recently rebranded.
JV Brings Luxury Tower to $2B TX Mixed-Use
SkyHouse Frisco Station is the second community under construction at Frisco Station, a 242-acre development featuring urban living, office, retail, hospitality, health and wellness facilities, and parks and trails.
Phoenix Asset Commands $90M
Western Wealth Capital has acquired Carlyle at South Mountain, a 360-unit and 192-townhome asset. The transaction represents the company’s largest deal to date.
Affordable Housing Coming to Portland
The 88,000-square-foot project will include 203 units and nearly 30,000 square feet of ground-floor retail space. The Oregon community is slated to open in 2019.
Atlanta Community Changes Hands for $19M
Berkadia brokered the sale of Azalea Ridge, a 281-unit property, and secured a $14.3 million acquisition loan through Freddie Mac.
JV Acquires $200M AZ Development
Optima and Principal Real Estate Investors have procured phases I and II of Optima Sonoran Village Scottsdale. The partnership plans to develop phase III, which will feature a seven-story tower offering 176 apartment homes.
American Landmark Buys 586-Unit Atlanta Community
Berkadia arranged financing on behalf of the company for its acquisition of Madison at River Sound, located in the Lawrenceville submarket.
Inland Buys Suburban Denver Apartments
Ashford East 88, a 322-unit property in Thornton, Colo., includes an indoor/outdoor swimming pool, a dog park and a playground.
Chicago’s Hartman Building Lands $45M Financing
Walker & Dunlop arranged the construction loan through HUD. The funds will go into turning the office building into a multifamily property.
Levin Johnston Brokers Sale of 2-Property Portfolio
Belview Heights and Casa Belview in Belmont, Calif., traded for approximately $27 million. The firm represented both parties in the transaction.