Cities
CBRE Brokers Sale of Koreatown Project Site
The plot at the corner of 8th Street and Harvard traded to Jamison for $14 million. The site is fully entitled for the construction of a transit-oriented development.
Orion Acquires Austin Community
CBRE arranged a 10-year fixed rate loan through the Fannie Mae Green Financing program for the acquisition of the 199-unit property.
Enterprise Community Investment Combines With CPDC
The deal represents an opportunity for the companies to improve access to affordable housing at a time when prices are rising and credits are limited.
Hubbard Street Group Develops Luxury Chicago Property
Fields Lofts, underway in the former Marshall Field’s warehouse in Logan Square, will include, will include a co-working space, a chef’s kitchen and 94 parking spaces.
JPI Expands TX Footprint
The company is bringing another luxury development to Farmers Branch in the form of Jefferson East Branch, set to be constructed in two phases between 2018 and 2020.
Laramar Group Names Operations SVP
Based in the Denver office, Stacy Valentine will oversee the company’s marketing and operations for its urban communities across the country.
Jonathan Rose Buys Affordable Denver Asset
The 13-story, 188-unit Juanita Nolasco Apartments was completed in 1972 and is income-restricted to very low-income elderly and disabled residents.
Philly Community Aimed at Millennials Lands Financing
Located in a walkable neighborhood and close to art galleries and event venues, the project is slated to include a 5,500-square-foot commercial component.
Avison Young Taps New Miami SVP
Rosendo Caveiro joins the company’s investment sales platform as a senior vice president of the Multifamily Capital Markets team.
Marcus & Millichap Arranges Sale of 158 units of Park Village
The community, located in Largo, Fla., consists of 160 units, 158 of which traded for $20 million, or $130,000 per unit. The firm represented both the buyer and seller.