Cities
Houston Luxury Community Tops Off
Expanding Memorial City’s site, the 670,000-square-foot Barryknoll project will feature one-, two- and three-bedroom layouts. The development is scheduled for completion by August 2019.
Walker & Dunlop Procures $50M Loan for Phoenix Asset
The company utilized Freddie Mac’s Mod-Rehab Program, which features three years of interest-only payments at a floating rate. Almost $10 million has been allocated for improvements.
Kidder Mathews Arranges Sale of San Diego Community
Built in 1989, 204 Clark St. is a 20-unit, 17,578-square-foot community with one- and two-bedroom apartments. The off-market transaction property offers easy access to both East Washington Avenue and North Broadway.
Pollack Shores Sells ATL Property for $26M
The luxury community is situated in a high barrier submarket, which has seen a very low rate of new construction in the last 15 years.
RXR Tops Off Brooklyn Mixed-Use
The 810 Fulton St. development in Fort Greene will offer 393,000 square feet of residential and retail space across 12 floors. The project is scheduled for completion in 2019.
Houston Garden-Style Community Trades Ownership
The 229-unit community is located in the Katy/Cinco Ranch/Waterside submarket in southwest Houston and offers units ranging from 620 to 1,326 square feet.
Top 10 Boston Completions of 2017
Developers focused on upscale properties, but also considered local regulations and incentives regarding the need for affordable units. Yardi Matrix rounded up the 10 largest deliveries in 2017’s Boston.
WWC Completes Phoenix-Area Acquisition
The $17 million transaction represents the company’s 39th acquisition. The company invested more than $210 million in multifamily assets last year.
Buchanan Acquires $60M CO Property
The firm purchased the 240-unit Luna Bella in the Denver submarket of Lafayette. ARA Newmark represented the seller, Milestone Apartment Developers, in the transaction.
Peak Campus Increases Southern Management Portfolio
The firm will manage two student housing communities featuring a combined 1,429 beds in Tampa, Fla., and Charlotte, N.C.