Cities
GTIS Partners Breaks Ground on Phoenix-Area OZ Community
The single-family rental development will bring 197 units to Cadence at Gateway, a master-planned community in Mesa, Ariz.
Greystar Buys Suburban Nashville Apartments for $127M
Newmark provided the buyer with an $83.3 million Fannie Mae loan for the 598-unit purchase.
Capstone Arranges Nashville-Area Portfolio Sale
Alex McDermott, Adam Klenk, Tyler Mayo and Jonathan Hawks spearheaded the sale of the renovated garden-style properties.
The RADCO Cos. Sells Tampa Asset for $47M
The new owner assumed the outstanding balance of a $28.6 million CMBS loan originated in 2018.
Minneapolis Residential Project Lands $22M Loan
The upcoming 128-unit property will be among the first projects to rise in one of the city’s Opportunity Zones.
Vazza Real Estate Buys Kansas City-Area Affordable Asset
Walker & Dunlop provided $14.1 million in acquisition financing for the 161-unit property in Olathe, Kan.
Jacksonville Community Changes Hands for $97M
Laramar Group acquired the 108-building property in the fast-growing city from CARROLL Organization.
Woodfield Development Sells Virginia Apartments
JLL represented the seller in its disposition of the 400-unit Station on Silver in Herndon, Va.
Monitor Finance Lands $89M Refi for 5 Properties
NorthMarq arranged the refinancing for the company’s portfolio of two assets in Kansas City, Mo., and three in Davenport, Iowa.
Overcoming Economic Challenges in the Mid-Atlantic
After navigating multiple recessions, Continental Realty Corp. is again recalibrating its strategy. Vice President Ari Abramson gives an update on the region’s multifamily market trends.