Finance & Investment
QuadReal Invests $1.6B in CA Student Living
The Canadian investment giant is taking its years-long partnership with the U.S. student housing operator to the next level.
Cortland Acquires Arizona Community for $97M
Institutional Property Advisors brokered the sale of the 415-unit MetroPointe in Tempe.
Providence Acquires 269-Unit Atlanta Property
Situated in the Perimeter Center submarket, The Stratford Apartment Homes are located less than a mile from the largest medical center in Georgia.
Capital Square Secures Construction Loan for Virginia OZ Project
The firm will use the financing for a mixed-use community in the Scott’s Addition Opportunity Zone in Richmond, Va.
Making Senior Housing Loans Pencil During COVID-19
Both lenders and investors are concerned about occupancy, but a turning point may be ahead, said panelists at the National Investment Center for Seniors Housing & Care fall conference.
Minneapolis Student Housing Community Trades for $25M
The 122-unit property is within walking distance of the University of Minnesota.
Milwaukee-Area Community Gets Fannie Mae Refi
Greystone provided a $9.4 million Fannie Mae loan for a 300-unit property in Oak Creek, Wis.
Morgan Properties Buys $323M Carolinas Portfolio
The firm has more than doubled its unit count in the two states by picking up 18 communities.
Housing Demand to Remain Strong in Los Angeles: Banc of California
Jared Wolff and Hamid Hussain shed light on the dynamics of the metro’s multifamily market.
IPA Facilitates Sale of 216-Unit Texas Property
Executive Director Will Balthrope, Director Jennifer Campbell, First Vice President Tommy Lovell and Associates Richard Robson and Will Griffin represented the seller and procured the buyer.