Cities

Stiles, Grubb Launch Pre-Leasing at Raleigh Project

The JV’s 186-unit property features larger floorplans than most other local communities.

Orion Leads $25M Sale of Phoenix Community

The transaction was subject to a $17.3 million, 10-year Freddie Mac loan.

Encore Capital Unveils $350M Project Name

One of the nation’s largest live-work-play campuses will include 700 luxury apartments plus office, retail and hotel components.

Breckenridge Plaza

RRA Sells 2 Philadelphia Assets for $13M

The two Philadelphia-area assets offer a total of 130 units.

Berkadia Arranges Sale of Arizona Community

Capital Real Estate LLC paid $16.4 million to acquire the 169-unit property in Tempe, Ariz.

Atlanta, Louisville Properties Trade for $74M

Besyata Investment Group and The Scharf Group have purchased two assets totaling 1,033 units.

Gateway Procures Suburban St. Louis Apartments

The 78-unit community in St. Clair County is the company’s third local acquisition in three years.

Greysteel Leads Sale of DC Affordable Community

The 105-unit Tacoma Place changed hands for $14 million.

Nevada Apartment Community Breaks Ground

The new 209-unit community will be developed on an abandoned parking structure that has been vacant since 2008.

1125 Banner Ave.

Abro Secures 2 Brooklyn Assets for $47M

Hudson Cos. acquired the property in March 2014 with a value-add strategy of completing capital projects.