Cities

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.

CBRE Arranges Sale of Affordable Property in Dallas

Dominium Development and Acquisition purchased Rosemont at Timber Creek from Cascade Affordable Housing. Jeff Kunitz, Alex Medeiros, Chris Deuillet and Chandler Sims of CBRE represented the seller in the transaction.

CapStack Increases Nashville Footprint

The firm teamed up with MACC Venture Partners to acquire three garden apartment communities totaling nearly 500 units across the city.

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.