Cities
Skya Ventures Acquires Community in LA’s Highland Park
The property, sold by Azusa Pacific University, fetched $14.3 million.
CPP Begins Renovation on 205 Affordable New Mexico Homes
The company teamed up with Western States Housing and the U.S. Dept. of Agriculture to renovate six affordable housing communities in New Mexico.
Kansas City’s First Senior Cooperative Opens May 18
Real Estate Equities Development announced the grand opening of the metro’s first senior cooperative.
Capital 8 Group Makes First Foray in Indiana
Tikijian Associates arranged the sale of a 130-unit multifamily community in northwest Indianapolis.
On the Market: 5 Interesting CRE Listings for the Week of 5/9
This week’s listings include a quirky Austin community and a converted Boston schoolhouse originally built in 1850.
George Smith Partners Lands $115M Financing for LA Community
The cash-out refinancing is for a 566-unit multifamily community near the LA Music Center.
LandSouth Breaks Ground on $25M Fla. Luxury Community
Portiva Residences will offer 260 garden-style apartments across eight four-story elevator buildings on a 10-acre parcel.
Glenridge Cooperative Apartments Obtains $27M Refi
Greystone provided the Fannie Mae MAH loan for the 275-unit property.
Modern Multifamily Community in Fast Growing Market Sells for $25M
Maxus Properties acquired the 250-unit residential property in Macon, Ga., which was built in 2014 and offers modern wellness and business amenities.
JV Lands $41M to Develop Class A Community in South Florida
HFF arranged the construction financing to develop Parc3400, a 259-unit multifamily community in one of Broward County’s strongest rental markets.