Finance & Investment
Bolour Begins Redevelopment of 2 Houston Communities
The renovations of the 780-unit multifamily portfolio were financed with a $29 million loan.
Artisan Capital Buys Kansas Communities for $25M
The two properties are located in Lawrence, Kan., and total a combined 402 apartment units.
Balfour Beatty to Develop DC-Area Student Housing
The project is being funded through revenue bonds provided by the Maryland Economic Development Corporation.
Golden Glades Buys Jersey City Luxury Property
BELA is located within a qualified Opportunity Zone within the Bergen-Lafayette neighborhood.
New York Senior Community Gets Freddie Mac Refi
Signature Development will use part of the proceeds for capital improvements at the 80-unit property in Niagara Falls.
Tuli Realty Buys 13-Property New Jersey Portfolio
The communities are located in West New York, Union City and North Bergen.
CGI Strategies Lands Financing for Koreatown Development
Construction on Fedora is scheduled for completion by the summer of 2022.
Brooklyn Affordable Community Lands $39M Refi
The owner also signed a new Section 8 contract that will keep the 119-unit property affordable for the next 35 years.
NextGen Apartments Acquires SoCal Portfolio for $108M
Matthews Real Estate Investment Services brokered the deal in two separate transactions totaling 17 properties.
PEM Real Estate Sells Alabama Community for $28M
Cushman & Wakefield represented the seller, while The Bancorp Bank provided acquisition financing.