Deals
Midcap Financial Secures Refi for Georgia Lofts
The company provided a $6.4 million loan to recapitalize the original financing.
Olympus Property Expands Arizona Footprint
The 194-unit Vive was completed in 2014 and is located within Chandler’s South Price Corridor.
L5 Investments JV Lands $17M KC-Area Community
The new owner of the 289-unit Lenexa Pointe is planning a $6 million renovation process.
TGM Snags Second Sarasota Community for $70M
The company plans to refurbish all apartment interiors at the 386-unit TGM University Park.
CBRE Kansas City Closes 5 Multifamily Sales
The communities add up to 1,368 units and traded for a total of $113 million.
Insula Cos. Hits $100M in Apartment Acquisitions for 2016
The firm has provided investors with a portfolio of more than 5,000 units and $450 million in assets in Florida multi-housing communities.
TruAmerica-Ares JV Snags $236M Portfolio
Totaling 1,402 units, the six Greater Baltimore properties are located near major military, government and corporate employers.
Dougherty Mortgage Leads Sale of San Antonio Community
The firm closed a $9.3 million Fannie Mae acquisition loan for the 17-building asset located in the East Side submarket.
Oak Coast Properties Acquires Denver Property for $129M
The transaction represents the largest deal to date for the company.
HFF Sells New Rochelle Luxury Tower for $149M
The property, purchased debt free, has 6,000 square feet of ground-floor retail, a 422-space parking garage and the rights for the development of an additional 40-story residential tower.