Cities
Trimark Breaks Ground on $14M Luxury Community
Cascades Luxury Apartments is a $14 million development near the University of Florida. The community is the second ongoing project for the real estate company and it is slated for completion by the middle of 2018.
Meta Housing Wraps Hollywood Project
The $21.6 million community, which also includes about 3,500 square feet of commercial space, will add 40 units of much needed affordable housing to L.A.’s inventory.
Colorado Community Under New Ownership Through HFF
Prior to the sale, the 185-unit, garden-style community was 90.3 percent occupied, according to data provided by Yardi Matrix.
Donohoe Construction Tops Out DC Senior Living Community
Brandywine Living at Alexandria is scheduled for completion by year-end.
The Mark Co. to Make Its Mark on LA Residences
The 504 Oceanwide Plaza luxury condos are part of a $1 billion project slated for completion in 2019. Marketing and sales for the development will be handled by The Mark Co., a subsidiary of Pacific Union International.
URS Capital Partners Nabs Distressed Apartment Community
The company plans to invest $4 million in the property’s renovation, crucial to an extensive rebranding process that will include renaming the community as The Flats at East Atlanta.
Security Properties to Rehab Illinois Community
The Seattle-based company closed on University Village, a 534-unit affordable housing development in DeKalb, Ill. The new owner will renovate the property, which will maintain its affordable status for at least the next 15 years.
McFarlin Buys Land for Senior Living Community in Phoenix
In a deal arranged by Avison Young, the company has acquired a nearly 7-acre property where the 80-unit Mariposa Point at Algodon Center will be developed.
Phoenix Condo Development Receives Construction Loan
Sales have begun for The Residences at Oak, a 47-unit condo project nearing completion in Scottsdale, Ariz.
HSL Lands $22M Refi for Phoenix Asset
Hunt Mortgage Group has arranged a 10-year Fannie Mae loan for the 232-unit Desert Sands Apartments in Casa Grande, Ariz.