Cities
Student Housing Community Wraps Up in Detroit
Developer Corvias and Wayne State University have finished the second phase of the 841-bed project.
FCP Completes 6th Atlanta Acquisition This Year
The company paid $19 million for a 234-unit garden-style property in Clarkston, Ga. Cushman & Wakefield assisted the seller in the deal.
Compass Acquisition Partners Welcomes New CEO
Industry veteran Lynn Owen joined the company after almost five years at TruAmerica Multifamily.
Manhattan Communities Get $119M Refi
The owner secured the Fannie Mae financing in preparation for the expiration of the city’s 421a tax abatement program.
Chicago’s 200 Squared to be Converted to Apartments
Managed by Lincoln Property Co., the 42-story downtown tower currently offers corporate housing.
ROSS Buys Community in Richmond Opportunity Zone
The new owner of the 98-unit asset is investing $3 million into capital improvements at the 1962-built property.
IPA Arranges Seattle-Area Community Sale
The 10-building property provides convenient access to Seattle’s large employers, including Amazon, Google, Facebook and Microsoft.
JVM Buys 2nd Chicago Community In 2 Weeks
Following the acquisition of the 254-unit suburban luxury property, the buyer now owns and operates five assets in the metro.
LR Management Buys Detroit-Area Community
The acquisition of the 62-unit asset in Farmington Hills, Mich., was subject to a $3.5 million Fannie Mae loan from Greystone.
Hamilton Zanze Expands in Nashville With $57M Buy
The company teamed up with Cantor Fitzgerald to acquire Rivertop Apartments, a 224-luxury apartment community in the Bellevue submarket.