Cities
ARA Leads $38M CO Community Transaction
Previously owned by Jackson Square Properties, the 257-unit community is located in Lakewood, Colo.
Dougherty Closes Cleveland Portfolio Loan
The Fannie Mae loan will refinance six market-rate properties, totaling 238 units. Dougherty’s Minneapolis office arranged the financing for borrower Central Real Estate Holding.
IEC Snags $34M San Diego Property
The company has acquired Verse La Mesa, a 133-unit, value-add multifamily asset in the La Mesa submarket.
Dougherty Mortgage Closes $10M Loan for San Antonio Sale
The company closed a 12-year Fannie Mae financing loan for the acquisition of a 168-unit community located in San Antonio’s North Loop submarket.
ArborCrowd Turns to Crowdfunding for San Antonio Asset
The online commercial real estate company and crowdfunding platform is seeking investors for Quarry Station Apartments, an Alamo Heights community formerly known as The Crescent.
Population Growth Sustains Demand in Nashville
The city is slowly diversifying its economy, venturing from reliance on the entertainment industry. In response to the growing demand, developers are ramping up construction, with more than 13,000 units underway as of July.
Marcus & Millichap Arranges $13M Sale
The 53-unit community is located in the heart of Denver’s Capitol Hill neighborhood and offers a mix of studios and one- and two-bedroom units.
Audubon Communities Welcomes New VP of Construction
Josh Boling will oversee all pre-and post-acquisition construction planning and management for the firm. Prior to joining the company, he served at Fairway Construction and Cortland Partners.
TWO Capital Breaks Ground on Charlotte Suburb Community
Capital Club will be a 312-unit community in Indian Land, S.C. Patterson arranged a preferred equity investment from RSE Capital Partners as well as a construction loan from Texas Capital Bank and HomeTrust Bank.
Hanover Unveils Atlanta Luxury Apartment Community
The Hanover Company is preparing to open the doors of its upscale apartment community, a 20-story building that will also feature 12,500 square feet of ground-floor retail space.