Cities

Jamboree Breaks Ground on Affordable OC Project

Encompassing 75 units, Santa Ana Veterans Village will cater to homeless veterans and their families. The developer estimates the total development costs at $29.7 million.

Coast Equity Purchases Suburban Seattle Community

Hunt Real Estate Capital provided the buyer with more than $16 million through Freddie Mac to finance the nearly $25 million acquisition.

NXT Capital Provides $18 Million Financing for TX Acquisition

The Class B+ community is located in Houston, roughly 11 miles west of George Bush Intercontinental Airport and 1 mile west of Interstate 45.

Greysteel Arranges Sale of 2-Property Dallas Portfolio

Luau and Koko Apartments have undergone capital improvements since 2017, including new roofs, parking lots, exterior paint and some interior upgrades.

Bridge Investment Group Pays $144M for WA Portfolio

Wells Fargo Bank provided the buyer with nearly $94 million in financing to acquire the assets, which contain 682 units across two properties

URS Capital Sells Cincinnati-Area Community

PGIM Real Estate Finance provided the new owner with a 12-year, Fannie Mae acquisition loan of more than $14 million.

Avison Young Arranges $71M Bridge Loan for Orlando Community

East SDG CitiTower is using the funding to refinance the current construction loan on the property, which is located one block from Lake Eola, and finish leasing up the retail portion.

American Landmark Acquires Majority Stake in NC Community

The 309-unit building, located five minutes from the UNC Charlotte campus, marks the firm’s eighth acquisition in Charlotte and 12th in the state.

The Impact of Amazon HQ2

Peter Muoio of Ten-X offers his insights on how Amazon’s second headquarters will impact New York City and Northern Virginia.

Chicago Towers Receive $62M in Equity

The 720,000-square-foot multifamily project consists of two 17-story buildings featuring roughly 590 units and more than 10,000 square feet of retail space.