Finance & Investment
JLL Arranges Sale of San Antonio Community
The 164-unit Whispering Hills is located in the northeast section of the city. The transaction involved a $12.8 million loan originated by Ready Capital.
Audubon JV Acquires Atlanta Apartments
The 250-unit Class B community fetched a $25 million price tag, with Walker & Dunlop securing acquisition financing for the buyer.
Nashville Community Sells for $80M
Crescent Communities sold the newly built 275-unit multifamily asset to Dinerstein Cos., with the property’s 2.1 acres of land selling to iStar.
HFF Arranges $21M Loan for CO Senior Housing
The firm secured 10-year, fixed rate financing through Freddie Mac’s CME Program for The Avenues Crofton Park, located in Broomfield.
Tampa Portfolio Changes Hands
Franklin Street arranged the sale of a two-property portfolio comprising 32 residential units, located approximately 9 miles from downtown Tampa.
Lion Real Estate Exits San Diego
Woodspear Properties paid more than $23 million for the 84-unit Class B community, while assuming the outstanding balance of a $15 million loan from the seller.
Praedium Group Expands Jacksonville Footprint
The firm has almost doubled its profile in the city with the nearly $47 million acquisition of the 246-unit luxury community.
Essex Realty Sells Chicago Community
Partners Jim Darrow and Jordan Gottlieb represented the seller, JAB Real Estate, in the $24.5 million 1031 exchange transaction.
Disney Breaks Ground on $630M Student Housing Project
A partnership between American Campus Communities and Walt Disney World Resort is building a 10,400-bed residential community in Orlando, Fla.
TX Community Changes Hands
The 144-unit property was purchased by Transcontinental Realty Investors after the U.S. Housing of Urban Development granted approval for the expansion of Southern Properties Capital’s multifamily portfolio this summer.