Cities
Brooklyn Luxury High-Rise Gets $52M Refi
Freddie Mac provided the financing under the Lease-Up Loan Program for the new 110-unit project.
Los Angeles-Area Community Trades for $29M
NNC Apartment Ventures and Bailard Inc. sold the 88-unit Cambridge Apartments after 15 years of ownership.
Pebb Capital Sells Kansas Student Housing Property
The firm purchased the asset back in 2014 and undertook major renovations to the interiors and exteriors.
JLL Secures Loan for San Diego Condominium Project
The company worked on behalf of the developer to arrange $15 million in financing for the 16-unit property.
Fairstead Affordable Buys Harlem Apartments for $76M
A HUD Project Based Section 8 contract and HPD Article 11 regulatory agreement will enable the multifamily portfolio to remain affordable for 40 years.
Passco Pays $40M for Knoxville Community
The 220-unit Class A multifamily asset, which was completed last year, was 90 percent occupied as of September.
Peak Campus to Manage Texas Student Housing
The 405-bed luxury project serving the University of Houston is scheduled to deliver by the fall 2020 semester.
RADCO Expands in Georgia with $54M Buy
The firm acquired a 232-unit luxury community in Atlanta’s Loring Heights neighborhood.
Silicon Valley Community Scores $58M Refi
JLL arranged the 10-year financing for the 172-unit luxury property in San Jose on behalf of Pacifica Enterprises.
Capstone Apartment Partners Facilitates Charlotte Sale
The brokerage firm represented the seller and procured the buyer in the transaction of a 30-unit property.