Cities
Robust Development Tempers Occupancy in Tampa
Multifamily demand is expected to remain strong across the metro, which has become a tech industry hotbed in recent years, due to housing affordability and a favorable tax and regulatory environment.
Nashville Asset Lands $31M HUD Loan
LSA Capital will begin extensive renovations to Haynes Garden Apartments, a 208-unit affordable housing property with 17 buildings.
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.