Cities
What’s Ahead for Indianapolis
J.C. Hart Co.’s president provides insights into the metro’s development and investment scene, pointing out that oversupply may soon be a factor.
Fogelman Increases Jacksonville Footprint
Gamma Real Estate sold the 268-unit Class A community for more than $40 million, with Greystone providing acquisition financing to the buyer.
Nonprofit Expands IL Footprint With 569-Unit Buy
Lynd Co. arranged the acquisition of Timber Oaks in Ingleside and Prairie View in Woodstock on behalf of Invest in America’s Veterans Foundation.
Fully Occupied Community Trades in OH
Franklin’s Crossing has 61 units and is located in Northwest Columbus in an area with several shopping and entertainment centers nearby.
RYBAK Development Lands $48M Loan for Brooklyn Project
The Carlton Group Ltd. arranged the construction financing for the 20-story Sea Breeze Tower, located in Coney Island.
Peak Capital Acquires NM Asset
KeyBank provided the buyer of the 120-unit, Class B multifamily property with more than $11 million in Fannie Mae financing.
MD Student Housing Price Sets Record
CBRE assisted Greystar and Rockpoint Group in the $235 million sale, which marks the largest transaction for a single student housing asset in the U.S.
Wood Partners Sells Luxury Building in Salt Lake City
Completed in 2017, Alta Gateway Station is the first LEED Platinum-certified apartment building in Utah. The sale of the 277-unit rental property was handled by Cushman & Wakefield.
Charlotte Community Receives $22M Fannie Mae Loan
Arbor Realty Trust funded the DUS loan for Pressley South End Apartments, a 44-building asset in the southwestern part of the metro.
CA Ventures Adds New VP
Taylor Gunn brings many years of experience in student housing analytics. She will lead the company’s market research and development strategies across Europe.