Finance & Investment
Inland Empire Affordable Project Receives $23M Funding
Community Housing Opportunities Corp.’s Coachella Valley Apartments will take shape in phases.
CapitaLand Gets $43M Atlanta Student Community Loan
PGIM Real Estate provided the financing for the 525-bed property which sold for $95 million earlier this year.
Dwight Capital Provides $56M Loan for 8 Suburban Chicago Assets
Lexington Health Network will use part of the loan to refinance the properties’ existing capital structure.
Pantzer Properties Sells 468-Unit Maryland Community
The Germantown asset previously changed hands in 2018 for nearly $88 million.
Los Angeles-Area Property Trades for $26M
Town Center Terrace had been on the market for the first time in 38 years.
FCP Trades Suburban Atlanta Apartments
FCP acquired the 312-unit garden-style community for $29.5 million in 2016 and invested $5.5 million in capital improvements.
Harbor Group Pays $47M for California Asset
Olive Ridge provides access to some of Southern California’s largest employment hubs.
Chicago-Area Supportive Living Facility Breaks Ground
A 100-unit redevelopment project is taking shape some 12 miles west of the city’s downtown.
Visiquest Properties Lands Financing for Phoenix-Area Development
Paragon Mortgage Corp. arranged the HUD loan for the 96-unit project in Glendale, Ariz.
Rise48 Buys 166-Unit Phoenix Community
The company plans to invest more than $250 million in apartment acquisitions this year.