Deals
Commonwealth Development Buys IN Site for Affordable Housing Project
The company is planning 35 units on the former site of a Chevrolet plant in Muncie.
JV Secures $150M Construction Loan for Queens Tower
AIG is providing the financing for the luxury community, which is set to open in early 2018.
Port St. Lucie’s Apex Prima Vista Changes Hands for $38M
Bluerock Residential Growth REIT acquired the 320-unit property in Florida through a joint venture with the Carroll Org.
Hunt Mortgage Partners Secures Financing for VA Affordable Housing
The loan has an 18-year loan term, with two-years interest-only payments and a 35-year amortization schedule beginning in year three.
Griffis/Blessing Ends 2016 with $85M Deal
The Colorado Springs-based company purchased two properties in metro Denver, totaling 454 units.
MG Properties Grabs Phoenix-Area Property
JLL brokered the $51 million sale by Rockwood Capital and Alliance Residential of the well-situated, highly amenitized property.
New Jersey Apartments Go for $55M
Gebroe-Hammer Associates has announced the purchase of a 232-unit property in New Providence, N.J.
Castle Lanterra Enters Denver Market with $103M Acquisition
Located five minutes from downtown Denver, the property features 19 different studio, one- and two-bedroom floor plans and a significant retail component.
Austin Apartment Community Trades for $49M
BRG invested roughly 93 percent in the venture, which translates to approximately $15 million.
Baum Realty Completes Ground Lease Sale near Chicago
The property was sold for $2.9 million to a local, all-cash buyer.