Finance & Investment
Praxis Capital Expands Atlanta Footprint With $41M Buy
With help from Berkadia, the company has become the new owner of two garden-style communities totaling 420 units.
Sherman Residential Grows San Antonio Presence
The firm picked up the 332-unit Savannah Oaks, situated 14 miles northwest of downtown.
Avanath Pays $34M for Affordable Denver Community
CBRE’s Spencer Hurst, Tim Flint, Taylor Froland, Dan Woodward, David Potarf and Matt Barnett represented the seller.
JV Acquires 2 Alabama Student Housing Communities
My House on Caplewood and My House on the 50 were 100 percent occupied at the time of the sale.
Stepp Commercial Facilitates Hollywood Sale
The firm represented the seller and procured the buyer in the $10.7 million transaction.
Inland Private Capital Sells Colorado Assets for $73M
The two communities north of Denver reaped a total return of 155.8 percent.
KeyBank Originates $20M Loan for Affordable Central Texas Community
The debt finances the acquisition and tenant-in-place renovation of the 160-unit Wayman Manor in Temple.
Redwood Capital Pays $91M for Suburban Chicago Property
Completed in 2018, the 236-unit luxury community is within walking distance of Deer Park Town Center.
Downtown Chicago Tower Changes Hands
Marquee at Block 37 will be owned on a 50:50 basis by Morguard Corp. and Morguard North American Residential REIT.
Hunt Arranges Refi for Trio of Historic Buildings in Detroit
The company provided a 10-year, fixed-rate Fannie Mae conventional loan for Hibbard Tower, Kean Building and Trombley Lodge.