Deals
Capital One Provides $118M Construction Loan for Yonkers Apartments
Consisting of more than 567,000 square feet, Larkin Plaza will offer 439 luxury apartment units, including 17 affordable units, divided between 25- and 17-story residential buildings.
Robbins Electra, RSE Capital Expand Florida Portfolios
The joint venture plans to invest $200 million in value-add properties in central and north Florida over the next 12 months.
Bainbridge Nabs NC Site for Multifamily Project
The HFF team closed a $5 million sale for a 2-acre development site in Charlotte’s South End submarket.
NHPF Grabs Historic Hotel Covent in Chicago
The deal marks the organization’s second SRO mixed-use asset acquisition in the Windy City.
KIG Closes $19M Sale On Vintage Building in Chicago
The 160-unit property offers a mix of studio and one-bedroom floorplans, as well as 10,000 square feet of retail space.
JV Brings $98M Collegiate Housing Development to Minneapolis
The Hub Minneapolis will be a 707-bed community with a mix of studios and one-, two-, three- and four-bedroom floor plans.
Champion Lands Value-Add Community in LA’s Koreatown
The company acquired The Bard Apartments, a 30-unit multifamily property, and is now planning to renovate the building.
Senior Housing Portfolio Sells for $17M in Louisiana
Griffin-American Healthcare REIT IV Inc. have purchased a 107-unit assisted living portfolio located in Lafayette, La.
FCP Sells 5-Community Portfolio for $328M
The private equity investment firm divested 2,490 units in the Washington, D.C., suburbs.
SPNA Acquires Second Deconversion Property in Chicago
The 133 units were converted to condos in 2005, but they will now go back to their initial use as rentals.