Finance & Investment
Greystone Development Acquires Sag Harbor Property
The waterfront property will be included in the planned 11 residences designed by renowned architect Robert A.M. Stern.
Moinian Group Builds up Manhattan’s Far West Side
The Moinian Group continues its long-term investment in Manhattan’s Hell’s Kitchen with a 165-unit residential project at 572 11th Ave. and a Class A office tower in the Hudson Yards district.
Joint Base Lewis-McChord Military Housing Changes Hands
The acquisition expands Lincoln Military Housing’s portfolio by 16 percent, as it now oversees more than 36,000 military family homes at 35 installations in 11 states and the District of Columbia.
Dougherty Mortgage Closes $9.5M HUD Loan for The Timbers
Dougherty Mortgage has closed a $9.5 million HUD 223(f) PILOT Program loan for the acquisition of a 104-unit multifamily community in Austin.
Waterton Buys Atlanta Apartment Building for $58M
Waterton plans a capital improvement program to enhance both the residential units and the common areas.
Gaia Real Estate Sells 252-Unit Cypress Commons in Houston
Gaia Real Estate closed the sale of Cypress Commons, a Class A community located in the Champions submarket of Northwest Houston.
Habitat Company Adds 5,000 Units in Alabama, Florida
The additions are in seven communities comprising 3,600 units in Birmingham, Ala., and five properties with almost 1,400 units in Tampa, Fla.
Community Preservation Partners Spends $119M on Affordable Housing
Community Preservation Partners teamed up with Related Affordable to acquire two residential communities in the Bay Area, marking the company’s largest deal to date.
Grandbridge Closes on Three Financial Deals for Senior Housing
The transaction totaled about $52 million.
$76M Student Housing Redevelopment Launched in Las Vegas
The Midby Cos. is investing in a 10-year, three-phase student housing redevelopment project, U District, that will be located on the UNLV campus.