Deals
RADCO Sells Tampa Asset for $43M
CBRE Capital Markets originated a $34.9 million Freddie Mac loan for the 372-unit acquisition.
Essex Realty Brokers Chicago-Area Deal
The brokerage firm assisted both parties in the disposition of the 48-unit luxury asset in Lake Zurich, Ill.
Unico, Pinnacle Partners Begin Tacoma Adaptive Reuse Project
Once completed in 2022, Washington Building Apartments will be the tallest residential building in the downtown core.
Oak Residential Partners Buys 104-Unit Atlanta Community
Located within a dense medical cluster, Marquis at Briarcliff changed hands for almost $21 million.
USAA Provides Acquisition Financing for Brooklyn Condos
A joint venture between Meadow Partners and Slate Property Group sold the 183-unit building.
Shorewood, Bridge Investment Secure $88M Construction Loan
East West Bank and a syndicate of lenders provided the financing for an opportunity zone project in Queens.
Wingspan, ICM Form JV for Chicago-Area Development
The partnership will fund a 284-unit project in Plainfield, Ill., branded as Sixteen|30.
Affordable DC Community Receives $67M in Financing
The building’s residents will use the loan to purchase and rehabilitate the 358-unit property in Ward 8.
West Shore Purchases 249-Unit Florida Community
Isla Antigua in St. Augustine marks the company’s 13th acquisition in Florida.
American Landmark Expands GA Portfolio
The new owner plans to rebrand the community and undertake a $2.4 million improvement program.