Cities
Avesta Ploughs $27M into Orlando
Newly renamed Avesta Winter Park, the 368-unit property will get a multimilllion-dollar makeover.
JLL Secures $13M Freddie Mac Loan for Minnesota Community
The financing is for the acquisition and renovation of Northgate Plaza, a 151-unit affordable property in Rochester, Minn.
Marcus & Millichap’s IPA Sells 21-Property Portfolio
The properties consist of 5,995 units spanning five states.
Walker & Dunlop Structures Refi for Bozzuto Property
The National Harbor apartments qualified for Fannie Mae’s Green Program.
Boston-Area Community Commands $40M
The 220-unit Andover Place was completed in 1989 and last changed hands two years ago for a little less than $38 million.
Affordable Senior Housing Coming to Charlotte
Plans call for a 60-unit senior housing building, 29 townhome-style family units and a 23-unit garden-style apartment component.
HFF Secures $30M in Financing for Broadway Place
Virtú Investments acquired a Class B community in Eugene, Ore.
Blackstone Finalizing Deal to Buy Kips Bay Court for $620M
The buyer in last year’s largest New York City multifamily transaction will also top this year’s charts when the deal closes.
Passco Buys Suburban Phoenix Community for $80M
The nearly 400 units are located in one of the metro area’s most desirable submarkets.
Vesper Holdings Hires Industry Veteran as COO
Campus Life & Style gained new management with the arrival of Jim Sholders.