Finance & Investment
Partially Affordable Community Opens in Southwest Florida
Developed by Housing Trust Group, The Addison in Bradenton includes 90 units and 650 square feet of retail space.
Luxury Community Coming to Orlando’s MetroWest
RISE: A Real Estate Co. has broken ground on the 442-unit West Vue, the area’s first multifamily development in more than a decade.
Crescent Communities Sells Tempe Property
NXT Capital provided $49.9 million in financing for the acquisition of Novel Rio.
Nuveen Expands North Carolina Portfolio
The firm picked up Bell Wakefield, a 360-unit property, for $70.6 million.
Orange County Community Lands $28M Refi
Built in 1968, the 165-unit residential property Vio Tustin is located in Tustin, Calif.
Grandbridge Closes $567M Portfolio Refinancing
The 11 multifamily assets—owned by Olen Properties Corp. and located in Florida, Georgia and Nevada—were recapitalized using GSE green financing loans.
Atlanta-Area Community Commands $31M
With the assistance of Cushman & Wakefield, Wilkinson Group sold the 220-unit community in Villa Rica for almost double the price when it traded in 2014.
Facebook Commits $1B to Affordable Housing in California
The move comes on the heels of Microsoft and Google pledging big bucks to affordable housing solutions in recent months.
Thayer Manca Trades Seattle-Area Asset for $40M
The company first acquired the asset in 2015 and invested $4.2 million in interior and exterior renovations.
Pacific Urban Expands in Northeast With $98M Buy
The California-based apartment investment company acquired a 217-unit property next located in Morristown, N.J.