Cities
Yardi Matrix: Orlando’s Economic Boom
Buoyed by record tourism numbers and strong job growth, Orlando’s economy is booming.
Capstone Capital Closes $10.5M Refi Loan for N.C. Student Housing Community
The financier provided a refinancing loan for The Lofts at Randall, a 216-bed student housing community near the University of North Carolina at Wilmington.
CBRE Closes Sale of 184-Unit Texas Community
Elmstone Group acquired Silverado, a 184-unit multifamily property located at 1319 North Nursery Road in Irving, Texas.
TruAmerica and Investcorp Team Up for Fourth Acquisition
Little Cottonwoods will be put through a capital improvements program.
Passco Spends $54M on New Orlando Transit-Oriented Community
The Ivy is the only multifamily community located in Orlando’s Florida Hospital Health Village, home to the nation’s second largest hospital.
HFF Lines Up $48M Acquisition Loan through Freddie Mac
Working on behalf of Abacus Capital Group, HFF arranged financing for the acquisition of The Burlington apartment community in St. Paul, Minn.
241-Unit Affordable Housing Project to Replace Former School in the Bronx
Trinity Financial and MBD Community Housing Corp. will develop the 24-story, energy efficient, mixed-use tower in the Bronx’s Mott Haven neighborhood.
Hunt Finances $65M Houston Apartment Acquisition
The community consists of 58 two- and three-story residential buildings, plus a single-story leasing office and maintenance storage shop.
Alliance Residential Names Gregory Belew Managing Director
With over two decades of experience in all phases of the development process, Belew will lead the firm’s expansion in the Northeast.
Yardi Matrix: Will This Be Baltimore’s Year?
Baltimore’s multifamily market has lagged national growth in recent years, but positive signs are providing hope.