Cities
Dallas Housing Authority Aims to Grow Texas Affordable Housing
The agency has formed public-private partnerships with 12 different firms in order to redevelop seven of its properties.
Cottonwood Residential Sells Nashville Apartments for $40M
The new owner rebranded the 327-unit Class B community as Allegro on Bell, with SunTrust Bank facilitating the acquisition through long-term financing.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in December 2018 in New York City.
Dornin Investment Group Repositions Las Vegas Asset
The company obtained the asset in 2017, following the 2013 foreclosure of a CMBS loan. In the 18 months under its management, the community received several exterior and interior renovations.
Newmark Knight Frank Brokers Sale of FL Community
The firm has arranged the sale of a 318-unit property located in Tampa. Pollack Shores Real Estate Group sold the asset to TH Real Estate.
Berkadia Arranges IN Community Sale
Managing Director Alex Blagojevich and Director Chris Bruzas of Berkadia completed the sale on behalf of both the buyer and the seller.
Tides Equities Expands Phoenix Portfolio With $23M Buy
Solstice at Arcadia is a little more than 3 miles from downtown Scottsdale. The property was repositioned from individually-owned condos to single ownership, allowing for operational opportunities.
Marcus & Millichap Brokers KC Sale
Nick Fluellen, Bard Hoover and Max Helgeson represented both the seller and the buyer in the transaction involving the 309-unit lakeside community.
Somerset Partners Buys Charlotte Community
The 155-unit multifamily asset changed hands for more than $15 million, with Capital Bank providing the buyer with $11.6 million in acquisition financing.
HM Management Sells Knoxville Community
Prime Property Investors purchased the 130-unit Class B community with the help of a $5.3 million loan from Wintrust Bank.