Cities
Investment Concepts Pays $18M for Las Vegas Luxury Asset
The acquisition of the 62-unit community ranks as the highest per-unit deal to close in the metro this year.
HGI Funds Luxury Los Angeles Project
The five-story, Class A community will be located near large employers including Google, Facebook and Amazon.
Walker & Dunlop Arranges $48M Loan for Grand Rapids-Area Community
Vice President Benjy Krosin partnered with Inner Circle Holdings’ President Kari Zapolski to originate the transaction.
Brooklyn Mixed-Use Project Scores $35M Refi
Greystone’s new financing package pays down a prior $28 million loan from Madison Realty Capital.
LivCor Pays $43M for Phoenix Asset
The buyer of the 240-unit property assumed the remaining balance of a $20 million financing package taken by the seller in mid-2016.
Optimus Properties Lands Refi for 3 Seattle-Area Assets
Greystone and Umpqua Bank provided the non-recourse, fixed-rate loans for the communities.
BRIDGE Elects Molly Turner to Board of Directors
The former Airbnb director and urban tech expert will be the new board member of the San Francisco-based nonprofit.
Dallas-Fort Worth Community Changes Hands
Marcus & Millichap arranged the sale of a vintage residential property. The new owners plan to continue the existing interior renovations plan.
Phase 1 of $300M Bronx Development Begins
More than 180 units will be built in the initial phase of the Peninsula, a five-building development on the former site of a juvenile detention facility.
Magma Equities Buys Value-Add Asset in Raleigh
The multifamily investment firm scooped up a 199-unit community neighboring North Carolina State University.