Cities

BLDG Management Lands $289M Loan for Manhattan Tower

The owner secured the loan for its 429-unit, partially affordable apartment community in Midtown.

HPI Residential Opens New Austin Community

In 2018, the company received a $25.1 million development loan from Texas Capital Bank for the project.

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.