Cities

Origin Investments Closes Recap of Orlando Community

The company acquired an interest in Rosehill Preserve, a recently renovated 20-building residential community encompassing 396 units.

Newmark Knight Frank Brokers Sale of Luxury Texas Asset

Vice Chairman Patton Jones worked on behalf of seller LIV Development in the disposition of The Ace, a 330-unit property located roughly 25 miles of Austin.

Caton Flats Affordable Project Breaks Ground in Brooklyn

The 255-unit community developed by BRP Companies will also house a revitalized and expanded Caton Flats Market, a city-owned cultural institution, along with office and community spaces.

Newly Completed Houston Community Receives $28M Refi

Leon Capital Group will use the financing to retire an existing construction loan from Bank OZK for their 220-unit 1711 Caroline community.

St. Louis-Area Assisted Living Communities Change Hands

Cedarhurst Living partnered with Triloma Seniors Housing on the acquisition of two properties totaling 135 units in Madison County. Cedarhurst will manage the communities.

JLL Income Property Trust Grows Portfolio

The company paid $81.8 million for a 280-unit luxury asset located in Bothell, Wash., a Seattle suburb. The acquisition brings the company’s aggregate apartment allocation to more than $820 million.

NorthMarq Arranges $19M Refi for Seattle Community

The 10-year, fixed-rate loan was given to J.B. Matteson Inc. for the 124-unit Greenhouse Apartments, a LEED Silver-certified property.

Affordable Senior Housing Breaks Ground in Illinois

The 60-unit Residences of Crystal Lake is slated for completion by March 2020.

Austin-Area Asset Changes Hands

Strategic Property Investment financed the acquisition of the 254-unit property in Kyle, Texas, through a $27.1 million Fannie Mae loan.

Goodman Real Estate Expands in Phoenix With 216-Unit Acquisition

The 24-building community located within an Opportunity Zone came online in 1984. Institutional Property Advisors represented the joint venture seller and procured the buyer.