Cities
Apartment Investors Share Tactics for Shifting Market
From capital flows to development and investment trends, industry leaders addressed the big picture at NMHC’s Apartment Strategies Conference in Orlando.
Matthews Real Estate Adds Vice President of Multifamily
Robert Starrett will focus on growing the company’s presence throughout the Midwest. He previously served as the director of finance and acquisitions for The Mid-America Management Corp.
Allied Orion Sells Class A Community in Houston
JLL acted on behalf of the seller and also procured the buyer of the 281-unit recently built property.
Embrey Partners to Begin Construction on Fort Worth Community
Amegy Bank provided financing for the 293-unit project that is slated for completion in 2021.
Morgan Stanley Provides $143M Refi for Bronx Portfolio
Black Bear Capital Partners arranged the loan package for a total of 18 properties.
Gelt Increases Denver-Area Presence with $145M Buy
JLL represented the buyer in its purchase of Kallisto at Bear Creek, located in Lakewood, Colo.
Hunt Capital Partners, Pennrose Expand Affordable Housing Project
The companies have secured $4.5 million in financing to build 55 senior living units as part of the second phase of the Residences at Glenarden Hills development in Lanham, Md.
Phoenix Asset Trades for $58M
PrivatePortfolio Group purchased the newly built Circa Central Avenue with acquisition financing originated by Nationwide Life Insurance Co.
Covenant Capital Pays $39M for Jacksonville Community
CBRE Capital Markets provided the buyer with a $31.4 million loan through Freddie Mac.
JAG Begins Construction on Luxury Waterfront Project in Orlando
In partnership with Mid-America Apartments, the company broke ground on Jefferson Sand Lake, located in the Dr. Phillips neighborhood.