Finance & Investment

Virtu Investments Buys Colorado Mixed-Use Property for $151M

Reve Boulder is located in a Qualified Opportunity Zone and scheduled for completion in the next several months.

PGIM Sells Nashville Self Storage Facility for $18M

The new owner, Extra Space Storage, already handles management functions at the roughly 76,000-rentable-square-foot property.

Downtown Pittsburgh. Image courtesy of Birgo Capital

What Makes Pittsburgh a Competitive Market?

Insights from an investor and operator who grew up in the Greater Pittsburgh area on trends in the metro’s multifamily market.

InSite Property Group Lands $140M Loan for Storage Pipeline

ACORE Capital provided the floating-rate financing for the borrower’s national Class A self storage portfolio development.

Dwight Capital Provides $30M HUD Loan for Las Vegas Community

The Clark County community is convenient to major roadways and lies 15 miles from downtown Las Vegas.

GVA Pays $31M for Southeast Nashville Apartments

The new owner assumed the outstanding balance of a $20.1 million Fannie Mae loan scheduled to mature in early 2029.

Denver Affordable Conversion Gets Financing

The repurposed office building will include 96 apartments for low-income seniors and 14 transitional housing units.

Austin Lawrence Partners Lands Refi for Durham Luxury High-Rise

Asia Capital Real Estate provided the loan to refinance existing debt for the $86 million One City Center.

Top 5 Southeast Markets for Multifamily Transactions in 2020

Despite investment volume dropping 16.6 percent from 2019, the region appears to be weathering the economic turmoil.

Pacific Development Pays $117M for Phoenix Luxury Asset

Heitman provided the buyer of the 335-unit property with $77 million in acquisition financing.