Finance & Investment
Nitya Capital Pays $36M for Las Vegas Community
The recently renovated, 228-unit community last changed hands in 2018 for $24 million.
Single-Family Rental Homes See Diminishing Returns
The investment class performed well in certain Sunbelt counties but poorly in New York City and California, according to a new report by ATTOM Data Solutions.
Hamilton Zanze Grows Tennessee Portfolio
The purchase, a newly built 238-unit luxury community, is the firm’s sixth in the state.
Chestnut Hill Realty Lands $211M for Boston-Area Community
The loan will be used to refinance its 789-unit townhome community just west of downtown.
IDM Cos. Lands $49M for Phoenix Development
The developer plans to soon begin work on the 458-unit community within the 1,200-acre Algodon Center.
Levin Johnston Brokers Bay Area Value-Add Sale
Adam Levin and Robert Johnston arranged the acquisition of the Berkeley, Calif., property through a 1031 exchange.
JV Retires $155M Loan for Luxury Miami Beach Property
The financing was issued in September 2017 to the developers of Eighty Seven Park in the North Beach neighborhood.
Shea Properties Lands $125M for Downtown Denver Tower
JLL Capital Markets arranged the loan for a 359-unit luxury high-rise in the heart of Colorado’s capital.
Capstone Closes $9M Community Sale in Virginia
Senior Advisor Ron Corrao represented the seller and procured the buyer for Woodlands at Oyster Point.
Affordable Senior Community Near Providence Lands $43M Refi
Rockport Mortgage provided the FHA Section 223(f) financing for the 327-unit property in New Bedford, Mass.