Deals
JLL Arranges Sale of Class A Houston-Area Community
Tim Leonhard, Mary Davis and Eric Hightower arranged $16.2 million in acquisition financing on behalf of the buyer.
EJF Capital, Chance Partners Acquire North Florida OZ Project
The partnership purchased the 284-unit multifamily development in Jacksonville from a Carlyle Group joint venture.
Mogharebi Group Closes Sale of Senior Community in California
The 101-unit Cinnamon Ridge in Ontario, Calif., traded to a private investor.
Portland’s Block 40 Secures Construction Loan
JLL Capital Markets provided financing for the development of Block 40 in the South Waterfront district.
Pegasus Acquires Texas Community
NorthMarq represented the seller and arranged acquisition financing for the buyer, which will begin extensive renovations to the Arlington, Texas property.
CEDARst Acquires 2 Historic Buildings in Minneapolis
Through an adaptive reuse project, the company plans to convert the warehouses into a 345-unit community.
Abode Properties Secures Refi For Florida Apartments
The loan will be used to refinance a Class A apartment community in New Port Richey, Fla.
Sun Holdings Acquires 330-Unit Community in San Antonio
Berkadia secured the acquisition financing for Tradehouse at Bulverde Marketplace through Freddie Mac.
Larken Associates Buys Pennsylvania Apartment Community
The View at Mackenzi features 224 garden-style units in York County, one of the state’s major manufacturing hubs.
Jonathan Rose JV Buys Affordable Atlanta Community
The new owner plans a $16.5 million renovation of the 181-unit property in the Mechanicsville neighborhood.