Cities
Delshah Capital Buys Manhattan Apartments, Plans Renovations
The company acquired 138 Ludlow St., a 1920-vintage, six-story walk-up on the Lower East Side, for $18.9 million.
TruAmerica Nabs Orlando Asset for $53M
McDowell Properties sold the 362-unit gated community. The new owner plans to renovate the building.
Job Diversity Sustains Denver’s Economy
Employment and population gains are pushing up demand for apartments across the metro, which had roughly 26,000 rental units under construction as of November.
Tucson Asset Trades for $12M
The city has seen numerous firms invest in the area over the past few years, creating extensive job opportunities across multiple industries.
Austin Luxury Condo Tower Tops Out
Fifth & West boasts 315-degree vistas, due to its unconventional triangular shape and location within the Capitol View Corridor. It is anticipated for delivery later this year.
Construction Begins on $30M Affordable Project in Long Island
Speonk Commons will consist of 66 units, across two development sites in Suffolk County. Several public and private entities provided funding for the project.
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.