Cities
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.
Honey Hill Apartments’ First Sale
The new ownership group plans to invest $3 million in capital improvements in the first 12-18 months.
Berkadia Lines Up $34M Refi for Richmond Asset
The firm worked on behalf of Stone Creek Apartments to arrange a HUD loan for the 264-unit property.