Cities
Kiser Group Negotiates $12M Chicago Multifamily Deal
The sale of the 80-unit property marks the highest price per unit—$144,000—for a four plus one asset north of Irving Park Road.
Electra America Acquires 2nd NC Community
The 300-unit Raleigh property will be rebranded Level at 401 and undergo common-area, apartment renovations and upgrades.
Sustainable Queens Development Begins Leasing
Gotham Organization’s and Brause Realty’s property, called The Forge, includes 272 units and features environmentally friendly, luxury amenities.
Nonprofit Sells Fall River Senior Community
Colliers brokered the sale of the 44-unit Bay View independent living community to SMG Inc. The asset is located on a 5.2-acre lot that is suitable for additional development.
San Antonio Project Lands $19M Construction Loan
The 192-unit Valencia Lofts in Leon Valley will comprise 14 two-story townhouses with one-, two- and three-bedroom units. The developer is a joint venture between Davila Construction and Loft Concepts.
Two Roads, GTIS Complete Miami Condos
The joint venture retired the $120 million construction loan that financed development of the 52-story waterfront tower in Miami.
MG Properties Snags $134M San Diego-Area Community
HFF marketed the 410-unit property in Vista, Calif., exclusively on behalf of Trammell Crow Residential and its joint venture partner.
Affordable FL Community Lands $7M Financing
Walker & Dunlop arranged a 35-year loan for William Booth Towers, a 168-unit, age-restricted property west of Orlando’s central business district.
NJ Community Sells for $27M
A joint venture of C6 Real Estate Partners and Citymark Capital acquired the newly built, 100-unit River Edge at Garfield, which comprises one- and two-bedroom apartments ranging from 834 to 1,217 square feet.
Phoenix Community Sells for $30M
Berkadia represented the seller, a subsidiary of Evergreen Development Co., which sold the 152-unit property to Pure US Apartments REIT.