Cities
2 Affordable WA Assets Land Acquisition Loans
Hunt Real Estate Capital has secured $5.5 million in funding for Colvos Terrace and Street Fawcett, two communities in Tacoma totaling 87 units.
On the Market: 5 Interesting Listings for the Week of 10/29
This week’s listings include a two-property portfolio in McAllen, Texas, a turnkey investment opportunity in Rhode Island, and more.
LMC Launches Leasing at FL Community
The Whitney, a 386-unit mixed-use property in Fort Lauderdale, offers trendy amenities such as coworking spaces and smart-home technology packages for select units.
CIM Group Breaks Ground on Final Phase of LA Mixed-Use
Upon completion, the project will offer a total of 338 units—32 of which will be designated as affordable—and 58,300 square feet of retail space.
Emma Capital Buys Atlanta Property for $36M
The Toronto-based company has expanded its presence in the U.S. with the acquisition of a 392-unit community located in the Northlake suburb.
Suburban San Francisco Community Refinances
Ravello Holdings completed work on the 128-unit luxury property in June. The new, $42 million financing package retires a nearly $30 million construction loan.
Ability Housing Begins Work on 80-Unit Affordable FL Property
Dubbed Village at Hyde Park, the $18.7 million project in Jacksonville’s Westside submarket is slated for delivery late next year.
North FL Affordable Housing Portfolio Changes Hands for $51M
The portfolio includes four communities totaling 768 units across three of Jacksonville’s submarkets. The new owner, Millenia Housing Management, plans to invest $40 million in capital improvements.
What’s Hot in Miami Student Housing?
Colliers International’s Mitash Kripalani reveals the top submarkets for investment and shares his predictions for the sector.
Hunt Real Estate Secures Financing for Dallas Asset
The new owner will implement a capital improvement plan which will include upgrades to the interior and exterior areas of the 134-unit garden-style community.