Finance & Investment

Penny Lane

Canadian Investor Continues Expansion in Phoenix with $41M Purchase

The multifamily portfolio features an array of value-add opportunities.

5345 South Harper Ave.

University of Chicago to Sell 11-Property Student Housing, Retail Portfolio

University of Chicago’s portfolio to be marketeincludes six student housing facilities featuring 520 beds, four faculty/staff buildings, one retail asset and six land sites.

Westpoint at Scenic Vista

CBRE Provides $25M Refinancing for 264-Unit Fort Worth Community

Westpoint at Scenic Vista received a $25.1 million refinance loan provided by CBRE Group.

On the Market: 5 Interesting CRE Listings for the Week of 5/23

This week’s most interesting listings include a converted former U.S. Marine hospital and a renovated pre-war building in New York’s Chelsea neighborhood.

Turner Multifamily Impact Fund Makes Four More Acquisitions

The latest purchase expands the fund’s total portfolio to nearly 2,500 units.

Steadfast Acquires, Plans Rehab of IL Apartments

The launch of the company’s third REIT is timed to coincide with its acquisition of the 136-unit Carriage House Apartments in the Chicago area.

The Nines Apartments

Lakefront Multifamily Community Lands New Owner

Fowler Property Acquisitions sold the 244-unit multifamily community which was recently renovated.

Jonathan Rose, Malkin Begin Phase III of Stamford Housing Project

The partnership has begun construction of the 131-unit Metro Green III, marking the final phase of a longtime-coming mixed-income project.

HarborChase of the Park Cities

HFF Secures $42.9M Loan for Luxury Senior Housing Community in Dallas

HFF worked on behalf of joint venture Silverstone Healthcare Co. and L&B Realty Advisors to secure the construction loan.

Highgrove Apartments in Stamford, Conn.

Winthrop Realty Trust Sells Upscale Stamford Apartment Building

The 92-unit luxury residential property was sold for $87.5 million by a Boston-based real estate investment trust.