Cities
Atlanta Luxury Project Lands $37M Financing
Working on behalf of Grubb Properties, Greystone Bassuk arranged the construction loan for the redevelopment of a 246-unit community in the city’s Grant Park neighborhood.
29th Street Capital Expands Houston Portfolio
The 438-unit Limestone Apartments, located in the George Bush Park submarket, marks the firm’s ninth acquisition in the city and its second investment in the last six months.
Jacksonville-Area Community Changes Hands
AmveStar Capital paid more than $10 million for the 120-unit Class B community. The asset last changed hands in 2016 for $7.6 million.
83-Unit Affordable Housing Project Opens in San Francisco
After a decade in the making, 1036 Mission Street welcomed its first residents. Tenderloin Neighborhood Development Corp. is the building’s owner, developer, service provider and property manager.
New Affordable Senior Housing Coming to Bronx, Brooklyn
The New York City Department of Housing Preservation and Development and the New York City Housing Authority has selected teams to develop the communities, dubbed Casa Celina and Linden Court.
North FL Community Sells for $54M
Newmark Knight Frank originated nearly $38 million in Freddie Mac acquisition financing for TruAmerica Multifamily, the buyer of the 272-unit Class A asset.
Boston Affordable Housing Project to Add 135 Units
The Architectural Team Inc. designed the third phase of one of the oldest federal public housing properties in the U.S., The Anne M. Lynch Homes at Old Colony.
San Diego Student Housing Changes Ownership
HFF worked on behalf of the seller, FPA Multifamily, which acquired the asset in 2015 from AIG Global Real Estate. The community serves San Diego State University.
Coastline Management Group Buys Tampa Community
New York-based Eyzenberg & Co. structured and placed $6.9 million in equity with JCR Capital to finance the acquisition and the repositioning of the property.
2 Microunit Multifamily Assets Change Hands
Wilshire Capital Partners paid $23.4 million for two communities located in Seattle and Portland, Ore. CBRE negotiated the deal on behalf of the seller, East To West Capital.