Cities
NYCHA Partners Up for Affordable Housing Renovations
Including these three new developer alliances, the PACT program will have updated 3,077 apartments with a total investment of $640 million.
Liquid Capital Buys ’60s-Vintage Atlanta Apartments
Broadway at East Atlanta includes 176 units, as well as a fitness center, pool with grilling area, dog park/play area and playground.
Sares Regis Snags $39M Seattle-Area Asset
IPA arranged the sale of Monterra in Mill Creek, a 139-unit community located north of downtown Seattle, in Snohomish County.
NXT Capital Refinances GA Property
The company has furnished a $30 million first mortgage loan to refinance a 165-unit community in Atlanta. Amenities include a coffee bar, car care facility and dog park.
Denver Mixed-Use Trades for $25M
Transwestern represented the seller, Allante Properties, in the disposition of Highland Place, which features 68 units and five retail stores.
Sunroad Enterprises Nabs 320-Unit Vegas Asset
Prime Group sold Avery Park in a deal facilitated by HFF. The new owner is set to renovate the property’s common areas and unit interiors over the next two years.
DCHFA Provides $11M Loan for Senior Community
The agency has provided financing for the construction of the 65-unit Trinidad property. Neighborhood Development Co., Tennyson Ventures and The Ardent Co. are spearheading the project.
North CO Community Changes Hands for $15M
The 108-unit property includes amenities such as a heated pool, a clubhouse with a business center and a fitness center.
DCHFA Closes $11M Deal to Fund DC Affordable Community
The agency issued $11.3 million in bond financing for the preservation of 94 affordable units at Maplewood Apartments in the southeast quadrant of the nation’s capital.
Kiser Group Brokers Chicago Community Deal
The firm’s Principal & Managing Broker Lee Kiser together with Broker Associate Rick Ofman represented the seller in the $3.6 million transaction.