Cities
Atlantic | Pacific Cos. Acquires Pair of Atlanta Communities
Atlantic | Pacific Cos. augments its already extensive Atlanta portfolio with the acquisition of 518 units in the city’s central core.
Jacksonville Apartment Market Podcast
Pierce Eislen’s Ron Brock Sr. and MHN’s research editor Jack Kern discuss Jacksonville apartment market fundamentals in this edition of our market research podcast.
TODAY’S DEALS: Cohen Financial Arranges $9,89M+ in Fannie Mae, CMBS financing
Cohen Financial’s Dan Rosenberg secured a total of $9.894 million to refinance two multifamily properties; and Marcus & Millichap brokers a seniors housing sale for $33 million.
TODAY’S DEALS: George Smith Partners Secures $70M Cash-Out Refinance for Downtown LA Property
George Smith Partners provided financing for the takeout of a maturing construction debt; and Edgewood Capital supplies $2.15M for acquisition of non-performing loan.
MHN Exclusive: Landmark Adds $443M in Assets During 4Q13
The fourth quarter capped an extremely active 2013 for Landmark Apartment Trust of America. Over the course of the year the company acquired close to 16,000 units, representing over $1 billion in transaction value.
ZOM Texas Breaks Ground on a Luxury Community in Houston’s Galleria/Uptown District
ZOM Texas has broken ground on The Hudson, its third community in Houston. The project will add 431 units to the Galleria/Uptown market.
Condo Prices Up in Three Major West Coast Markets
Condo prices increased significantly in downtown Seattle, Los Angeles, and San Francisco over the past year according to a recent report by The Mark Co.
TODAY’S DEALS: Wood Partners JV sells 116-Unit Asset for $50.5M
Intercontinental Real Estate Corp. buys an asset from Wood Partners; NorthMarq Capital arranges $30 million in construction financing for an affordable asset; and HFF closes $14.8 million in permanent financing for a newly-built Massachusetts asset.
McCann Breaks Ground on Houston Luxury Apartment Community
Construction has begun on Shadow Creek Ranch Apartments, a 350-unit Class A community that McCann Realty Partners is building in Houston.