Cities
Los Angeles Age-Restricted Community Sells for $34M
Positive Investments acquired the 162-unit property, financing the deal with a Freddie Mac loan from Capital One.
Mill Creek Opens 297-Unit Miami Community
Located 100 yards from the shore of Biscayne Bay, Modera Edgewater is the developer’s sixth Miami-area project.
Taurus Adds to Tampa Portfolio with $59M Deal
The real estate private equity firm paid $173,529 per unit for the property, which was previously owned by Preston-Giuliano Capital Partners.
High-End, High-Profile Manhattan Tower Tops Out
The joint-venture project of SJP Properties and Mitsui Fudosan America reaches 52 stories, legal challenges notwithstanding.
MG Properties Buys 2 Los Angeles Communities for $140M
The company’s buying spree continues with the acquisition of two properties totaling 397 units in Canoga Park and Northridge, Calif.
Upscale Dallas Project Lands $56M Financing
Sovereign Properties received loans from JLJ Capital, BridgeInvest and Cottonwood Communities Inc. to develop the $73 million second phase of the Dolce Twin Creeks project in Allen, Texas.
Cushman & Wakefield Arranges $28M Refi for Philly Community
The company acted on behalf of the borrower, a joint venture between Ivy Realty and DW Partners. BBVA was the lender.
JLL Facilitates Sale of Texas Community
The brokerage company represented the seller, Barker Investments, in the disposition of Whispering Oaks in Lockhart, Texas.
NexPoint Acquires 2 Communities for $384M
The multifamily REIT picked up residential properties in the Miami and Nashville metro areas.
Prime Group Buys 309-Unit Portland Property
Newmark Knight Frank originated a $63.7 million Freddie Mac acquisition loan, set to mature in 2031.