Cities
Las Vegas-Area Community Lands $57M Financing
Built in 2018, Castile Apartments features 498 units across 28 buildings. Thompson Michie Communities bought the asset in April for $99.6 million.
Denver-Area Vintage Assets Sell for Record Price
Transwestern’s Senior Vice President Tom Wanberg and Vice President John Blackshire represented the seller in the $9.5 million deal involving two Brighton, Colo.-communities.
CBRE Brokers $42M AZ Sale
Sonoma Ridge encompasses 240 units. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch from CBRE’s Phoenix office represented the seller in the transaction.
Ryan Cos., Grand Living Plan 2 Luxury Senior Communities in Texas
The communities include the Grand Living at Riverstone in Sugar Land and Grand Living at Georgetown. Both will have 180 units and feature an age-in-place model.
Mill Creek Residential Breaks Ground in Dallas
Modera Dallas Midtown will include 344 units and include a ride-share lounge, a coffee bar and a spin studio.
Cushman & Wakefield Brokers Sale of 680-Unit MO Community
Mike Hanrahan and Bobby Mills of the St. Louis office and Mike Kemether of the company’s Atlanta office represented the seller, Priderock Capital Partners, in the transaction.
Baltimore-Area Luxury Property Breaks Ground
The 114-apartment community is part of the of the Metro Centre at Owings Mills mixed-use development, which will include a total of 1,700 residential units.
GMC Properties Lands Refi for 477-Unit Tampa-Area Asset
Berkadia provided nearly $30 million in Fannie Mae financing to retire a prior CMBS loan on the St. Petersburg property.
PCCP, Insight Property Acquire $132M VA Community
Oakwood Falls Church comprises 576 units across four buildings and offers residents access to a 15,000-square-foot clubhouse, an on-site convenience store and a hot tub.
Massive Concrete Pour Begins at FL Condos
Two Roads Development has started construction on Elysee Miami. When completed, the 57-story, 100-unit luxury high rise will be the one of the tallest buildings in the East Edgewater neighborhood.