Cities
80-Unit Affordable Housing Opens in FL
Oakland Preserve is green-certified housing in Oakland Park, Fla., representing the third collaboration between Pinnacle Housing Group and Building Better Communities.
Tucson Communities Trade for $45M
The two apartment communities are adjacent to each other, on West Aerie Drive, near Interstate 10. The immediate area boasts a plethora of shopping and dining options.
Q East Development in CA Secures $60M
George Smith Partners arranged the loan on behalf of California Home Builders for the construction of a mixed-use project including 241 units and 34,139 square feet of commercial space.
Jonathan Rose Begins Leasing Brooklyn Community
Caesura, named after a pause in the middle of a line of music or poetry, features 123 studios and one- and two-bedroom apartments, in addition to 34 furnished micro units. Move-ins will begin in February 2018.
Chicago Apartment Tower Lands 3 Green Globes Certification
Green Building Initiative awarded the title, a commercial building designation equivalent to LEED Gold, to Fifield Realty Corp.’s NEXT Apartments, located in the River North neighborhood.
ABI Brokers $3M Phoenix Sale
Wilshire Place underwent full renovations prior to the transaction, which included interior and exterior improvements. The community is situated near public transportation and schools.
BSR Trust Grabs 474-Unit Dallas Property
Invesco Real Estate sold Windhaven Park Apartments in Plano, Texas, and JLL arranged the acquisition financing on behalf of the new owner.
Greystone Appoints New CEO
Thomas Ryan, who has been with the company since 1999, will be replacing current CEO Jeff Simpson in January 2018.
FL Multifamily Property Lands $50M Loan
Walker & Dunlop Inc. has structured a loan for Matthews Crossing, 1,103-unit, Class B multifamily community in Jacksonville, Fla., near The University of North Florida and Jacksonville University.