Cities
Taurus Snags $34M Raleigh Community
Acquired from Chaucer Creek Capital, the 23-year-old property in the city’s Northwest submarket is slated for a major makeover.
Pathfinder Expands Portland-Area Footprint with Sixth Acquisition
The company purchased The Habitat, an 85-unit community previously owned by Fowler Property Acquisitions. Cody Hagerman and Greg Fink of Portland-based HFO Investment Real Estate brokered the $15 million transaction.
Farb Homes to Start High-End Houston Project
The developer will begin work on the 264-unit community in late August and expects to deliver the project within 24 months.
Master Plan Brings Green to SoCal Desert
Family Development and Presidio Residential Capital have received the go-ahead for a 660-acre development in Riverside County, Calif. Comprising apartments, condominiums, townhomes and single-family homes, the project would be the first of its kind in the Coachella Valley.
948 Affordable Units Preserved in the Bronx
LIHC Investment Group, Belveron Partners and Camber Property Group will rehabilitate Stevenson Commons in the New York City borough. The initiative is moving forward through an agreement with the New York City Housing Development Corp.
JLL Secures Acquisition Loan 332-Unit Affordable Community
Sunridge 332 Partners LP landed a Freddie Mac loan through the Targeted Affordable Housing program. The west Dallas community is located minutes from President George Bush Turnpike and Interstate 20.
Tucson Community Trades for $38M
ROC Senior Living acquired Mission Palms from Stoneweg US. The property’s value rose by 46 percent since the last time it traded in 2013.
Taurus Lands First NC Property for $34M
The investment firm purchased Olde Raleigh, a 228-unit community in Raleigh, N.C. Chaucer Creek Capital sold the asset after four years of ownership.
Walker & Dunlop Secures Financing for Texas Community
The Flats at Frankford Station is a Class A 185-unit residential asset, which was completed in 2016. The property qualified for a Green Building Certification.
WinnDevelopment Tapped for $1.6B Boston Project
The Mary Ellen McCormack site will be transformed into a 3,000-unit mixed-income community set to be constructed over four phases.