Deals
Redwood Capital Pays $91M for Suburban Chicago Property
Completed in 2018, the 236-unit luxury community is within walking distance of Deer Park Town Center.
Downtown Chicago Tower Changes Hands
Marquee at Block 37 will be owned on a 50:50 basis by Morguard Corp. and Morguard North American Residential REIT.
Hunt Arranges Refi for Trio of Historic Buildings in Detroit
The company provided a 10-year, fixed-rate Fannie Mae conventional loan for Hibbard Tower, Kean Building and Trombley Lodge.
EBSCO Income Properties Pays $53M for Newly Built Community
The acquisition of the 229-unit property was financed through a Freddie Mac loan originated by Hunt Real Estate Capital.
Fairstead Kicks Off Investment Platform with Portfolio Buy
The firm’s new investment vehicle is aimed at affordable housing properties across the U.S.
Miami Community Scores $142M Financing
Aztec Group arranged the loan for Art Plaza, Melo Group’s new downtown property.
Starwood REIT Buys North Carolina Property for $111M
Exchange on Erwin features 265 multifamily units and 96,949 rentable square feet of commercial space.
MG Properties Expands Nevada Portfolio
The firm paid nearly $54 million for Marina Village Apartments located in Sparks, Nev.
Castle Lanterra Pays $77M for Tampa-Area Asset
The developer sold the 339-unit, fully occupied luxury community shortly after completion.
Bascom Group Trades Las Vegas Community for $70M
The seller had purchased the 308-unit property four years earlier for a fraction of the price.