Cities
StoneBridge Acquires Beech’s Farm in MD
The company acquired the 135-unit property for $25 million.
Griffis/Blessing Ends 2016 with $85M Deal
The Colorado Springs-based company purchased two properties in metro Denver, totaling 454 units.
Prospect Heights Assets Command $30M
Related Cos. has acquired four assets from BCB Property Management.
MG Properties Grabs Phoenix-Area Property
JLL brokered the $51 million sale by Rockwood Capital and Alliance Residential of the well-situated, highly amenitized property.
NHP Nets $41M to Renovate Houston Community
Cleme Manor Apartments, the largest community in the Greater Fifth Ward, consists of 25 two-story structures that collectively can house some 1,400 residents.
Caddis Breaks Ground on High-End Texas Senior Community
The 178-unit independent living, assisted living and memory care facility is expected to be completed in winter 2017.
Hunt Mortgage Provides $5M Refi for Affordable Property
The Freddie Mac loan will refinance Lodge Apartments, a 140-unit community in Columbus.
Greystone Oversees Sale of Memory Care Portfolio
The four communities, each with 70 memory care units and 75 beds, are in various parts of Texas.
Walker & Dunlop Grows Phoenix Team
Sigrist and Burns will both be in charge of originating loans through the U.S. Department of Housing and Urban Development for multifamily and healthcare transaction.
Draper and Kramer Acquires Second San Antonio Apartment Property
The View at Encino Commons Apartment Homes includes 27 two-story residential buildings with a mix of one-, two- and three-bedroom units, as well as a separate clubhouse/leasing center.