Finance & Investment
Affordable Senior Housing Coming to Pittsburgh
The Urban Redevelopment Authority board voted to approve funding for a new affordable senior housing project, Hillcrest Senior Residences.
Trion Properties Takes a Trip to Avalon
Vista Investment Group cashed in on a Koreatown property at above-asking price.
Boca Raton Student Housing Portfolio Sold for $105.2M
The portfolio was sold by a joint venture partnership of Rosemurgy Properties, Giles Capital Group and Lewis Rental Properties to a New York City-based institutional investor.
Franklin Street Capital Advisors Closes $20M Financing for Tampa Student Housing
Franklin Street Capital Advisors closed financing for Campus Palms Apartments, a student housing community near the University of South Florida.
Robbins/Elco Management Acquires Four Apartment Properties
The properties are located in Florida and Texas.
Arcapita Bets $85M on Colorado Senior Living Market
Atlanta-based Arcapita has paid approximately $85 million for a three-property senior living portfolio in Denver and Colorado Springs.
BRG Invests in 245-Unit Luxury Community in Raleigh
BRG announced investment to acquire and develop Villages at Lake Boone in Raleigh.
Two Richmond Apartment Communities Command $14.22M
Time Equities acquired the communities, which included a total of 123 units.
Regulatory Regime Dims the Mood in CMBS
The mood at the Commercial Real Estate Finance Council’s annual Industry Leader’s Conference in Miami this week reflected nervousness at how the market will handle the changes.