Deals
Greysteel Brokers Sale of Dallas-Area Property
The 154-unit community located in Irving, Texas, traded to a 1031 exchange buyer. The brokerage team worked on behalf of the seller in the deal.
Community Builders Secures $10M for Affordable Boston Development
TD Bank arranged the financing for The Clarion, and its Community Capital Group has also invested $9.2 million of equity in the project. Construction is scheduled for completion by 2019.
HFF Completes $18M Sale of Metro Seattle Community
Watt Cos. acquired The James, a 144-unit community in Lakewood, Wash. The garden-style property offers a mix of studio, one-, two- and three-bedroom units across 14 buildings.
Hunt Midwest Brings Retail Tenants to KS Community
The Vue is a mixed-use luxury property in downtown Overland Park featuring almost 9,000 square feet of retail space.
NorCal Senior Community Changes Hands
Gerson Bakar & Associates traded the 154-unit property for $29 million, with the buyer securing a nearly $30 million acquisition and development loan.
CBRE Facilitates Sale of Denver Communities
Dan Woodward, David Potarf, Matthew Barnett and Jake Young represented the seller and owner of both properties, The Croft and The Oslo.
FCP, Level 2 Sell DC-Area Luxury Community
Takoma Central was completed in 2015 and represented the first ground-up development to be added to the historic Takoma neighborhood in four years.
SoCal Apartments Trade for Nearly $50M
The seller, StarPoint Properties, acquired the 232-unit Class B community in the Inland Empire for approximately $15 million in late 2001.
ARA Newmark Arranges Sale of Tampa Community
Vice Chairman Patrick Dufour and Director Ryan Crowley represented seller Pollack Shores and equity partner HQ Capital Real Estate in the transaction. NKF Capital Markets arranged the acquisition financing through Natixis.
Equity Residential Buys Uptown Denver Asset for $135M
HFF worked on behalf of the company to arrange financing and also represented Trammell Crow Residential, the seller of the 372-unit luxury community formerly known as Alexan Uptown.