Finance & Investment
Pebb Capital Sells 180-Unit Arkansas Property
The firm acquired the asset in 2016 and converted it from a 504-bed student housing property to a 180-unit community.
Prism Multifamily Buys Value-Add Portfolio in Florida for $54M
Newmark Knight Frank negotiated the sale of Hamlet Plantation and Continental Apartments on behalf of the seller.
Lightstone Lands $30M Loan for Suburban Indianapolis Asset
Greystone secured the acquisition financing for the 280-unit garden-style community in Noblesville, Ind.
Capstone Closes Loan on San Diego Student Housing
The financing was provided by Bank of America for an on-campus residence at San Diego State University.
Nashville Shipping Container Project Changes Hands
FMBC Investments sold the 83-unit, under-construction development for more than $11 million.
Berkadia Arranges $32M Acquisition Loan for Orlando Asset
Senior Managing Director Charles Foschini and Managing Director Christopher Apone arranged the 10-year Freddie Mac financing.
CIG Capital Lends $125M for Georgia Project
The 624-unit apartment property will hold its ribbon-cutting ceremony in August.
Beachwold Refinances Orlando-Area Property
JLL Capital Markets secured the Freddie Mac loan for the 240-unit Lake House in Davenport, Fla.
West Shore Expands Southeast Presence
The firm purchased two Class A communities totaling 548 units in Greensboro, N.C., and Columbia, S.C.
Dietz Property Group Sells Columbus Portfolio
The properties include The Villages at Waggoner Park and The Residences at Eastpointe Ridge, totaling 580 units.