Cities
Housing Trust Grows Florida Footprint
The company has closed $20 million in financing and broken ground on one of five communities currently under construction in the Sunshine State.
Fendi Lands in US with Oceanfront Condos
Scheduled to open this fall near Miami, Fendi Château Residences will feature condos priced from $6 million to $25 million.
Timberland Partners Adds Regional Property Manager
Meet Sundae Caudle, Timberland’s most recent district manager.
Legacy, Resmark Team Up in San Diego
The developers expect to break ground next summer on a 168-unit project in the city’s Marina District.
Playboy Mansion Fetches $100M
The new owner, Daren Metropoulos, will eventually unite his estate with that of Hugh Hefner, his next-door neighbor.
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.