Cities
Detroit Asset Trades for Fraction of 2017 Price
The previous owner defaulted on a Fannie Mae loan.
Grubb Properties Lands $617M for Capitalization Strategy
The financing will also support the development of a 64-story residential tower in Lower Manhattan.
Keller to Get $719M Refi for Western Portfolio
A Nomura lending entity will provide the loan.
University of Florida Commences 2,200-Bed Redevelopment
The community replaces older, on-campus residence halls.
Michaels Opens Las Vegas Affordable Property
The community caters to households earning between 30 and 80 percent of the area median income.
Greystar Nets $216M in NoVa Tower Trade
This is the first time the submarket’s tallest community has changed hands.
Harrison Street JV Lands Refi for Tempe Student Community
The community serves the state’s largest university.
Beachwold Lands Record Construction Loan in Orlando
The project is taking shape at the former site of a 36-building community.
Capital Square Sells Richmond Community for $115M
It’s one of the largest multifamily sales in the metro’s history.