Cities
Champion Cos. Developing New Community in Columbus
The apartment community will contain 64 one- and two-bedroom units, and the developer plans to complete the first units by fall 2018.
Dougherty Secures Acquisition Loan for DFW Community
Representing TS Asset Toscana, Dougherty Mortgage closed a Fannie Mae acquisition loan for Toscana Apartments, a market-rate community in Bedford, Texas.
HFF Brokers CO Community Sale
HFF Managing Director Jordan Robbins, along with Directors Jeff Haag and Anna Stevens, represented the seller—a joint venture of Holland Partner Group and North American Sekisui House LLC.
ABI Brokers $4M Sale of Phoenix Community
ABI represented both parties in the transfer of Tres Arcos Apartments, a 1969-constructed, seven-building apartment community in the Biltmore submarket.
Affordable VA Community Receives Preservation Deal
Standard Communities and the National Foundation for Affordable Housing Solutions acquired Park Shirlington in Arlington. Designed for low-income families, the property includes 294 units.
Inland Acquires 267-Unit CO Property
The company purchased the 2016-built Union West Apartments in Lakewood, which features bike and ski maintenance, a wet bar and 402 covered parking spaces.
Citymark, InterCapital Go Shopping in Vegas
The two companies purchased Vintage Pointe, a 368-unit apartment community in Vegas’ Michael Way neighborhood, for $49.2 million.
Peak Campus Expands in Atlanta
The company has broken ground on a 525-bed property, which is slated to open in fall 2019 and will serve students attending the Georgia Institute of Technology.
Preiss Adds 2 Student Housing Communities in Charlotte
In partnership with a private investment group, the company purchased two student housing communities totaling 1,180 beds. The properties are serving students attending the University of North Carolina-Charlotte.
2 MN Communities Land $5M Fannie Mae Loan
The 16-year term loan with a 30-year amortization schedule was arranged by Dougherty’s Minneapolis office on behalf of the borrower, Amorce II Limited Partnership.