Finance & Investment
Oak Coast Properties Expands Denver Portfolio with $129M Deal
The company purchased Pembrooke on the Green Apartments, a 959-unit property.
Northridge Capital Closes $15M Investment in NC Development
The company established a joint venture with a local developer to build the 115-unit, Class A apartment building in Winston-Salem.
New York-Based Firm Goes Shopping in Jacksonville
A Quad Property Group affiliate acquired The Forest for $4.1 million in Jacksonville’s Westside neighborhood.
Denver Celebrates Affordable Housing Milestone
Northfield @ Stapleton is the first project to be developed using Denver’s Revolving Affordable Housing Loan Fund.
ConAm Asset Management Buys North Phoenix Apartments for $60M
The 225-unit community netted $266,600 per unit.
$145M Loan Earmarked For Chicago Apartments
JDL Development and iStar received $145 million in structured debt for the recapitalization and stabilization of the 469-unit building.
JVM Acquires Luxury Apartment Community
Offering one- and two-bedroom apartment homes, The Aventine community will undergo an interior and exterior renovation.
Berkadia Facilitates Affordable Community Sale in Miami
The company arranged the $14 million sale as well as an $11.3 million acquisition loan.
Presidium Acquires Two Communities in Northwest San Antonio
Both multifamily assets present value-add opportunities.
Electra America, Robbins Property Associates Seal Merger
The new entity owns and operates a large multifamily portfolio, totaling some 20,000 apartment units in 66 properties.