Cities

IPA Brokers Greater Salt Lake City Sale

Danny Shin, Brock Zylstra, Steve Gebing and Cliff David assisted the seller of the 160-unit community.

Washington DC Metro Report iStock-1270527151

Washington, DC, Multifamily Report – Summer 2020

While relatively well insulated for the current downturn, the metro’s fundamentals recorded some softening over the past two quarters.

Charles Street Investment Partners Scores $33M Construction Loan

The borrower secured the loan to build a 161-unit apartment community in Pittsburgh, Pa.

Blackstone Pays $63M for Upscale Charlotte Community

The seller and developer financed the project with a $28.7 million construction loan from First Tennessee Bank in 2017.

Harbor Group International Secures $74M Loan for Orlando Property

Berkadia originated the financing that will go toward recapitalizing the 449-unit Linden Audubon Park.

Suffolk Breaks Ground on San Francisco Mixed-Use Project

The first phase of the development is expected to be completed in early 2022 and will include market-rate and supportive housing units.

American Landmark Makes $101M Florida Expansion

CBRE arranged the acquisition of the two properties, located in Casselberry and Clearwater, Fla.

JV Sells Atlanta-Area Community for $66M

Promenade at Newnan Crossing comprises a mix of three-story buildings, rental homes and for-rent townhomes.

Wood Partners Sells Suburban Dallas Asset

The developer financed the project with a $24.2 million construction loan from MidFirst Bank in 2018.

Marcus & Millichap Closes $58M Sacramento-Area Deal

First Vice Presidents Investments Steven Nelson and Dusty Haeling assisted the seller and secured the buyer of the Class B asset.