Cities

BH Equities Sells Tampa Community for $58M

The new owner landed a 15-year $40.6 million Fannie Mae acquisition loan.

Lendlease, Magellan Top Off Lakefront Towers in Chicago

Located adjacent to a new park, Cirrus and Cascade are two of three high-rises planned for a prominent parcel in the Lakeshore East neighborhood.

Nuveen Buys Orlando Asset for $45M

The 196-unit Lake Vue changed hands for the first time since it was completed in 2016.

Trammell Crow Residential to Begin Construction on Boston-Area Project

The 282-unit Alexan Kingston community will replace the shuttered Sears department store at Kingston Collection Mall.

Toll Brothers, Harrison Street to Build ASU Student Housing

The partnership secured construction financing for an upcoming 826-bed luxury community in Tempe, Ariz.

Virginia Senior Housing Project Breaks Ground

Watercrest Senior Living Group and Harbert Seniors Housing Fund II have started work on the 98-unit luxury community outside of Richmond.

Luxury New Jersey Community Trades in $84M Deal

Former owner J.P. Morgan Asset Management purchased the 200-unit asset in 2003 from its developer, in a $42 million deal.

Urban Catalyst Closes $131M OZ Fund

The funds will go towards seven projects in San Jose, Calif., which are expected to start construction in 2021 and 2022.

Midtown Nashville Project Lands $45M Loan

Regions Bank provided the financing for the developer’s first foray into the market.

Rendering of Clarendale Six Corners

Ryan Cos. Breaks Ground on $117M Chicago Senior Community

The long-debated project will bring 258 senior housing units and additional commercial space to the city’s Six Corners district.