Cities
Hines Exits Las Vegas Multifamily Market in $80M Deal
The seller had purchased the 308-unit suburban community four years earlier for $58.2 million.
McCann Realty JV Buys 853 Units in Richmond
DRA Advisors is the former owner of Trails at Short Pump Apartment Homes and Villages at West Laurel Apartments & Townhomes.
South Nashville Class A Community Scores $47M Refi
The new loan from Ares Management retires previous Fannie Mae financing taken for the 359-unit multifamily asset.
JV Sells Las Vegas Community for $79M
Tower 16 Capital Partners and Henley Investments acquired the 512-unit property in mid-2018 and invested more than $4 million into capital improvements.
Black Creek Borrows $63M for Maryland Community
JLL arranged the financing for the 333-unit property in Rockville’s Westside at Shady Grove neighborhood.
Hilltop Residential Continues Texas Expansion
In two separate deals, the company purchased the 308-unit Regalia Mansfield in Mansfield and the 291-unit Grand Reserve in Katy.
Tampa Multifamily Report – Fall 2019
Multifamily demand continues strong in the metro, boosted by above-trend population and employment gains.
Gelt Sells Los Angeles County Community for $63M
The company is eyeing $300 million in multifamily purchases throughout the West this year.
S3 Capital Lends $50M for 2 Brooklyn Projects
The developers will use part of the financing to remodel a 120-year-old warehouse into a condo building.
Bell Partners Expands Seattle-Area Holdings
The 222-unit property in Redmond, Wash., has been rebranded to Bell Marymoor Park.