Cities
Lev Investments Acquires San Antonio Asset
The sale of the 62-unit Liberty Ridge benefited from a $2.7 million Fannie Mae loan. The community is located just off Interstate 410.
$100M Deal to Preserve Affordability in South Bronx
A joint venture led by NCV Capital partners secured debt and equity to fund and rehab a 13-building, 515-unit affordable housing portfolio.
Luxury San Diego Community Launches Leasing
LMC developed the 220-unit Luma Apartments in the city’s Little Italy neighborhood. The 24-story high-rise is LEED gold certified.
Scottsdale Property Receives $24M Refi
HFF secured the loan on behalf of the borrower, The Sunset Group, for the 134-unit community located roughly 12 miles from downtown Phoenix.
Inland Empire Community Sells for $42M
Berkadia has arranged the sale of the 194-unit property located in Ontario, Calif., approximately 26 miles from downtown San Bernardino.
Fogelman JV Acquires Atlanta Apartments for $45M
The 334-unit garden-style community last changed hands in August 2016, when Mesa Capital Partners sold the asset for more than $29 million.
$30M Senior Living Project Breaks Ground in Suburban Chicago
Scheduled for completion in mid-2020, the three-story assisted living and memory care community will bring 86 residential suites to Highland Park, Ill.
Luxury Silicon Valley Community Trades for $110M
Institutional Property Advisors brokered the sale of the 238-unit upscale asset located in San Jose on behalf of the seller, Cityview.
CGI Strategies Acquires LA-Area Community for $20M
The firm purchased Parkwood Apartments, a 78-unit property in the Los Feliz neighborhood, with plans to upgrade the building’s infrastructure and common areas.
JV Secures $70M Loan for NJ Asset
The proceeds of the 10-year loan, arranged by HFF, were used to retire existing construction financing for Steel Works, a 2017-built property in Harrison.