Cities
Riverpoint Partners Buys Raleigh Property for $11M
The firm has expanded its footprint with the acquisition of a 56-unit, boutique community located within less than 1 mile of the city’s downtown.
Las Vegas Rental Property Trades for $52M
NorthMarq Capital provided the buyer, Bluerock Real Estate, with nearly $34 million in financing for the acquisition of the 320-unit Class B asset.
Westmount Buys Vintage Dallas Community
The investor plans a robust upgrade of the 55-year-old asset, which is located west of downtown Dallas in the city’s Kessler Park neighborhood.
Berkadia Secures $15M for Kansas City Community
Managing Director Andy Ahlers arranged the 15-year Fannie Mae loan to refinance a 234-unit Class B property in Independence, Mo.
HTG Opens 1st Phase of Tampa Bay Affordable Development
Twin Lakes Estates is a 100-unit community for seniors age 62 and over. The project is a redevelopment of an outdated public housing property.
Mixed-Use Design 2019: Hospitality-Driven, Sustainable
Kevin Newman of Newman Garrison + Partners reveals how a project can cater to the modern resident’s needs through sustainable architectural design and more.
IMT Capital Buys Denver Apartments for $120M
CBRE provided nearly $75 million in Freddie Mac financing for the 472-unit multifamily acquisition, the market’s largest single-property deal this year.
Multifamily Investment: What Fuels Albuquerque’s Climb?
With employers such as Facebook, Netflix and NBC Universal moving in, the metro is becoming attractive for young professionals. HiCap Management’s Joseph Baum and Benjamin Sandel offer insights into this dynamic market.
Halfpenny Management Picks Up Lehigh Valley Community
Birchwood Commons, a 96-unit residential property in Bethlehem, Pa., was completed last year. A Berkadia team orchestrated the sale and arranged the acquisition financing.
Miami Community Scores $24M Construction Loan
The planned 192-unit apartment building will rise in the Allapattah neighborhood. Berkadia secured the 3-year, floating rate loan for the future development.