Cities
TODAY’S DEALS: Waterton Grabs 236-Unit High-Rise in Atlanta
Waterton Associates expands in Atlanta; Roxbury Ventures completes a $3.9 million sale in West Hollywood; and BMC Capital provides a seven-year $1.739 million acquisition loan via a banking relationship.
TODAY’S DEALS: Steadfast Enters Colorado with $40M Buy
Steadfast Apartment REIT buys a 252-unit asset; CPR Money provides $7.8 million for a Kansas City acquisition and rehab; and Walker & Dunlop originates a $23 million bridge loan in Austin, Texas.
Housing Partnership Equity Trust, AHC Acquire Multifamily Community for $33.5M
Social-purpose REIT Housing Partnership Equity Trust (HPET) announced that it has picked up its first Washington D.C.-area property multifamily community, in partnership with nonprofit developer AHC Inc.
TODAY’S DEALS: HFF Lands $118M for K2 Chicago
HFF provides $118 million to The Georgetown Co.; Senior Housing Properties Trust to complete a massive portfolio buy; and Essex Realty Group brokers the $2.7 million sale of a historic property in Chicago.
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.