Finance & Investment
Capstone Brokers Sale of South Texas MHC
The 218-site Parkway Village in Nederland traded for the first time in almost three decades.
North Central Phoenix Value-Add Commands $32M
Pacific Reach Properties sold the garden-style community after 7 years of ownership.
Pennrose Begins LGBTQ-Friendly Senior Redevelopment
The $13 million project is Cincinnati’s first age-restricted affordable housing community of its kind.
Alliant Credit Union Provides $52M for 2 Student Housing Assets
The luxury communities are situated in the proximity of the University of Texas at Austin and Georgia Southern University.
Dwight Capital Provides $60M for Amarillo Apartments
The bridge loan retires a $45 million prior loan taken for the 480-unit community last summer.
Neology Life Lands $52M Refi for Miami Luxury Community
Berkadia secured the financing for the 199-unit property located in the city’s River District.
Apartment Market Metrics on the Rise: NMHC
For the first time since 2015, four key indexes tracked by the organization have increased.
Enterprise Closes Affordable Housing Fund at $236M
The vehicle will be used to create or preserve some 2,500 homes.
JV Buys Durham Community for $42M
Greystone provided $38.2 million in acquisition financing for the 359-unit property near Duke University.
EverWest Acquires Luxury Property in Charlotte
The new ownership plans to invest in capital improvements for unit interiors and community amenities.