Finance & Investment
JV Buys 128-Unit Houston Community for $11M
JLL secured financing for the acquisition of Candleridge Park Apartments, located 20 miles from downtown Houston.
Minneapolis-Area Community Secures $18M Refi
Working on behalf of TE Miller Development, NorthMarq arranged the Freddie Mac loan for a 114-unit property in Edina, Minn.
Seattle-Area Asset Commands $18M
New Standard Equities acquired the 81-unit apartment building in Des Moines, Wash., which is almost fully occupied.
South Carolina Rental Property Changes Hands
Brick Lane and Enterprise Community Investment acquired the 622-unit property in Columbia with plans to upgrade the asset.
Join Us in NYC as We Honor Our 2019 Award Winners
Enjoy cocktails, hors d’oeuvres and networking with high-level industry insiders, as well as a keynote speech from John O’Donnell, CEO of the Michaels Organization. Tickets are now available!
TD Bank Provides Financing for South Florida Senior Housing
The $9 million construction loan, part of the bank’s The Ready Commitment program, will help modernize and improve the 100-unit Palms of Deerfield Apartments.
ClearWorth Capital Buys Texas Community
The new owner of The Palm on South Padre plans to thoroughly overhaul the 1973-built property.
Starwood Buys 21 Affordable Housing Communities
The 4,448-unit portfolio is spread across Dallas-Fort Worth, Houston and Florida and is 96 percent occupied.
Sentinel Real Estate Pays $51M for Nashville Apartments
As part of the deal, the new owner of the Class B multifamily asset assumed $28.5 million in debt.
$300M Multifamily Fund Reaches 1st Close
Atlantic | Pacific Real Estate Group and Blue Arch Advisors have scored $140 million of equity commitments for the vehicle.