Cities
JPI Secures Financing for 2 Luxury Texas Communities
Jefferson Mercer is expecting initial occupancy in the spring of 2018, while Jefferson Creek will be open for the summer of 2018.
CBRE Leads Sale of Orlando Community
Pensam Capital acquired the 220-unit Stonecastle Apartments for an undisclosed amount.
LEM Closes $13M Transaction in Chicago
The 448-unit, garden-style apartment community was acquired in a joint venture with a locally based owner-operator.
Mission Rock Lands First Atlanta Management Assignment
The company expands its reach in the Southeast, adding 680 units to its management portfolio.
Alliance Residential to Open Signature Properties in Sunshine State
The two luxury communities Broadstone Harbor Beach and Broadstone at Brickell include a total of 800 apartment homes, which are already pre-leasing.
Hunt Mortgage Group Delivers Financing for NC Property
The New York-based company provided a $10 million loan for the acquisition and renovation of 276-unit Serenity Apartments in Greensboro.
New Affordable Community Reaches Completion in McKinney
The affordable community was finalized with LIHTC tax credit equity in McKinney.
Student Housing Continues to Grow, May Face Decline in 2018
Fundamentals could take a hit unless college enrollment returns to growth mode.
Origin, Draper and Kramer Acquire Suburban Chicago Property
The joint venture purchased the 448-unit community for $48 million.
REIT Pays $45M for 256-Unit Austin Community
Canyon Resort at Great Hills traded for roughly $173,830 per unit.