Cities
NXT Capital Arranges Refi for Kansas City-Area Property
The loan will be used for Promontory Apartments, which is part of a larger redeveloped retail center in Overland Park, Kan.
Lexerd Expands North Carolina Footprint
The firm’s purchase of Ashford Lakes in Hillsborough, N.C., represents its second investment in the area.
Seattle Multifamily Report – Fall 2019
Good demographic trends have strengthened the market and pressured developers to keep up with demand.
Greysteel Brokers Sale of DC Affordable Senior Community
President & CEO Ari Firoozabadi and Director Henry Mathies acted on behalf of the seller and also procured the buyer of the 60-unit building.
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.