Cities
JLL Secures Acquisition Financing for S2 Capital
Benefit Street Partners provided the loan to S2 Capital for the acquisition of Oakland Hills Apartments in Fort Worth, Texas.
Berkadia Arranges Fannie Mae Loan for Houston Community
Located at 10498 Fountain Lake Drive in Stafford, Texas, the property is a three-story garden-style community spread across a 13-acre site.
JV to Invest $550M in National Portfolio
Cortland Partners, Canada Pension Plan Investment Board and GIC plan to acquire and renovate 8,000 to 10,000 Class B multifamily units across the U.S.
Southeast FL Affordable Community Fetches $16M
The CBRE team of Senior Vice Presidents Timothy Flint and Richard Tarquinio worked on behalf of the seller in the transaction.
Oden Hughes Breaks Ground on Luxury Community in Austin
The community, slated for completion in early 2019, will feature an on-site Community Work Studio, similar to the shared workspaces for lease throughout Austin.
Fairfield Residential Sells 133-Unit Boston Asset
CBRE facilitated the sale of Baker Chocolate Factory Apartments, a three-building property converted for residential use in the 1980s.
Berkadia Secures $40M Refi for NJ Community
The 752-unit Brookchester Apartments is a garden-style community in New Milford, N.J., located 20 minutes from New York City.
Top 10 Orlando Apartment Owners
The city has a thriving market, thanks in part to an expanding young workforce. However, the metro still faces a shortage of affordable units, a growing concern for lower-paid
workers.
PAC Buys Apartment Community in Jacksonville
The newly-acquired community is adjacent to another one owned by PAC, bringing the company’s current area footprint to more than 500 units, while also creating operational efficiencies.
CGI Kicks Off Construction at Koreatown Project
The Mariposa will feature a total of 121 units, out of which 17 will be dedicated to low-income earners. Completion of the development is scheduled for the spring of 2019.