Cities
HFF Leads $13M Sale of Philly Apartments
Lennox Apartments, a 156-unit apartment community in Mount Airy, sold to a private New York-based group.
812-Unit Arizona Portfolio on the Market
The combined 812 units are dispersed among Summit Vista and Crescent Ridge in Tucson and Port Royale in Sierra Vista.
Capital One Wraps $51M Refi in DC Metro
Sponsor will repay construction loan on Fenwick Apartments, a 310-unit, D.C.-area development that opened in 2014 and combines affordable and market-rate housing.
Condominium Project in Boston Gets Thumbs Up
The Dorchester property will be located very close to South Bay Town Center, Edens’ 1 million-square-foot mixed-use development.
29SC Taps Stonemark to Manage Houston Community
The new owner plans to rebrand the community as Barringer Square Apartment and invest $2 million in renovations.
Silicon Forest Apartments Change Hands for $7M
Trion Properties is the new owner of Hidden Villa Apartments, a 61-unit community in the Portland submarket of Beaverton, Ore.
HFF Closes Sale of 315-Unit Atlanta Community
The property was acquired by a joint venture between PCCP LLC and Carroll Organization.
HFF Facilitates Sale of Austin Community
The Parker was subjected to an extensive renovation program in 2015.
Walker & Dunlop Closes $51M Loan for New Cali Property
The community is located near the heart of Silicon Valley and offers the high-tech features to match.
Yardi Matrix: Pittsburgh’s Slow Awakening
Multifamily development in the metro is robust, with more than 10,300 units currently in the pipeline.