Cities
Investcorp Acquires $311M Multifamily Portfolio
The properties, totaling 2,876 units, include three communities in Houston, two in Tampa, Fla., and one in Salt Lake City.
NJ Community Earns 1st WELL Gold Certification
Clarus Maplewood is just the 13th property in the world to receive the designation from the International WELL Building Institute.
HFF Facilitates $54M Financing for North San Diego Development
The 305-unit garden-style community will be located in the heart of Vista, a growing infill community close to employment centers.
DC-Area LIHTC Portfolio Changes Hands for $31M
Greysteel facilitated the sale of 286 units spread across three affordable properties, which are restricted to residents age 62 and over.
Brooklyn Developer Says Hello to the Bronx
Hello Living will develop 104 units on the former site of a parking lot in the borough’s Morrisania section.
318-Unit Charlotte Community Changes Hands
American Landmark is the new owner of The Oaks, a garden-style property built in 1996. The acquisition marks the company’s sixth purchase in the metro.
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.