Cities
TODAY’S DEALS: Oakwood, Mapletree Expand in Dallas
Corporate housing firm Oakwood Worldwide completes a 232-unit JV apartment buy; Capital One Multifamily Finance closes $34.6 million to refinance an L.A. portfolio; and IPA arranges the sale of a North Dallas apartment property.
Recertifying a Building as LEED EB Platinum
The 18-story office building at 750 East Pratt Street has been recertified and is now the first LEED EB Platinum building in Baltimore.
Independence M-F Community Commands Year’s Top Per-Unit Price in $13.8M Deal
Another Cincinnati area apartment building has recently changed hands. On December 11, Marcus & Millichap announced the sale of the Independence Oaks Apartments, an apartment complex in Independence, Ky. Nicholas Andrews, Joel Dumes and Stan Falk, all of Marcus & Millichap’s Cincinnati office, represented both the buyer and the seller in the transaction.
Multifamily Developers Advance Plans for Nearly 500 Units
Two new projects took major strides this month. Together, they will bring almost 500 units to the Greater Cincinnati area.
Gaslight Buys 150-Unit M-F Community in Clifton
Gaslight Properties recently acquired an apartment community in Cincinnati’s Clifton neighborhood, near the city’s downtown. The local apartment rental company bought the The Overlook at Clifton from Providence, RI-based PBE Companies LLC.
TODAY’S DEALS: Atlanta is Hot, Boston Capital Knows It
Boston Capital buys 294 units from MTS in a JLL-brokered sale; ARA completes an 80-unit sale in Fort Worth; and NorthMarq arranges a $28.5 million refinancing for a California community.
MassDevelopment Helps Chinatown Rental Project with $14.6 Million Affordable Housing Bond
An apartment building that is under construction in Boston’s Chinatown recently received financial help from the Massachusetts Development Finance Agency (MassDevelopment).
Led By Dayton, Ohio Again Tops Trulia’s Ranking of Affordable Housing Markets
Trulia released a report showing that Ohio was home to some of the nation’s most affordable housing markets for the middle class.
TODAY’S DEALS: A Canadian Investment Group Picks Up Austin Apartments from Greystar
ARA brokers a 355-unit sale in Austin; Griffis Residential acquires 512 units in Austin; and Oak Grove Capital arranges a $10-million forward commitment for a public housing redevelopment in the business district of Tampa, Fla.