Deals
Nashville Four Seasons Project Scores $360M Financing
HFF arranged the funding on behalf of The Congress Group and AECOM Capital, developers of the 542-foot-tall tower that will feature luxury condominiums.
Tennessee Portfolio Changes Hands
Monarch Investment & Management Group purchased the five communities totaling 665 units in Jackson. The previous owner, McDowell Properties, had invested more than $3 million in capital improvements.
Top 5 Multifamily Transactions in Pittsburgh
While investment volume across the metro has fallen sharply since 2017, investors are shifting focus to suburban locations where value-add deals present higher yields.
JLL Finances Little Rock Multifamily Acquisition
The buyer, a joint venture between MLP Investments and Vesta Realty, paid more than $13 million for the 280-unit Class B community.
Wisconsin Housing Project Scores LIHTC Financing
Monarch Private Capital has partnered with KCG Cos. to redevelop an old tannery in downtown Sheboygan into a $28 million, 149-unit affordable apartment community.
$320M San Francisco Project Gets Capital Infusion
Stockbridge Capital Group is reportedly investing $130 million of equity into 1629 Market St., a fully entitled, 420-unit development that will offer a mix of affordable and market-rate.
Waypoint Residential Sells NC Community for $23M
The buyer rebranded the 168-unit student housing asset and assumed a nearly $14 million mortgage taken by the seller in 2017.
South Texas Community Changes Hands
GVA Real Estate Group took out an $11.5 million Freddie Mac loan to finance the acquisition. JLL Capital Markets brokered the transaction on behalf of the seller.
Hunt Real Estate Capital Secures Acquisition Financing for 2 DFW Properties
Totaling $6.4 million and set to mature in 2029, Hunt Real Estate Capital originated two Freddie Mac acquisition loan for the new owner.
CAPREIT Buys Community for $70M
The firm has added to its Canadian portfolio Willoughby Walk, a 191-unit newly constructed property located in Langley, British Columbia.