Cities
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.
Marcus & Millichap Brokers Sale of 281 Units of Oakbrook Village
The property, located in Clearwater, Fla., comprises 296 units in total, of which 281 sold for $25.8 million, or $91,815 per unit.
Tampa Community Changes Hands for $58M
HFF marketed the 274-unit, luxury apartment asset on behalf of the seller, Pollack Shores Real Estate Group. The property traded free and clear of existing debt.
Skanska Wins $170M CA Contract
The firm is slated to erect two San Francisco communities containing nearly 600 units, which will serve the students of the University of California.
Integrity Working on Affordable Housing in Ventura
Riverside Apartments will feature 23 units and will incorporate sustainable construction best practices. The project is being developed in partnership with MW Development.
Marcus & Millichap Partner Facilitates $16M Sale in MN
Mox Gunderson, Dan Linnell and Josh Talberg at Marcus & Millichap’s Minneapolis office, represented a local partnership in the sale of Tamarind Apartments, a 102-unit community in Saint Louis Park.
IEC Buys OC Community for $134M
The acquisition of the 400-unit, value-add multifamily community was on behalf of IEC Institutional Fund III LP, a fully discretionary, $200 million commingled fund.
Boston’s Bulfinch Crossing Lands $250M in Financing
HFF arranged a construction loan for the 46-story residential tower at Bulfinch Crossing, which is set to become the tallest rental community in Boston.