Deals
Marcus & Millichap Arranges Metro Los Angeles Sale
Executive Director Rick Raymundo facilitated the sale of the 16-unit community in Westlake Village.
LIHC, Rockport Mortgage Team Up for $74M Manhattan Refi
The loan will be used towards capital improvements at a 152-unit affordable building in the Little Italy neighborhood.
Berkadia Secures Financing for Virginia Properties
In two separate transactions, loans were provided for renovations of two Hampton Roads assets and for the construction of a Chester community.
Sentinel Peak Acquires Northern Houston Community
JLL Capital Markets represented both the buyer and the seller in the transaction for Lakebridge Apartments.
Colliers Arranges $35M San Diego-Area Sale
Peter Scepanovic and Corey McHenry assisted the seller in the disposition of a 137-unit Escondido community.
Mill Creek, QuadReal Form $421M JV
The two firms are planning their first development, the 429-unit Modera Six Pines in The Woodlands, Texas.
CBRE Global Investors Buys Houston Community
The 281-unit Elan Med Center is located within Texas Medical Center, the world’s largest medical complex.
Hamilton Zanze Acquires St. Louis Community
The firm’s purchase of Steelyard & Icehouse Apartments marks its second in the metro within the last six months.
StoneRiver Secures Financing for Tennessee Acquisition
Hunt Real Estate Capital provided the loan for the purchase and renovation of Rise at Signal Mountain in Chattanooga, Tenn.
American Landmark Buys Suburban Jacksonville Community
The new owner plans to rebrand the 348-unit property and undertake a series of renovations.