Finance & Investment
Champion Real Estate Secures 2 CA Communities
The company expanded its Tri-Cities holdings with its acquisition of a 36- and 26-unit property, both located in Glendale.
AR Community Changes Hands
Sun Holdings Group has purchased the newly completed 308-unit Uptown Fayetteville Apartments+Shops free of debt from Specialized Real Estate Group.
Greystar Brings European Platform to France
The company will open a Paris office, led by Directeur Général for France Hideki Kurata. His team will focus on building a portfolio to include both student and multifamily properties.
Luxury Student Housing Asset in Austin Changes Hands
CBRE’s Jaclyn Fitts, William Vonderfecht, Casey Schaefer, Charles Cirar, Michael Wardlaw and Colin Cannata completed the sale, while Ben Roelke together with Ian Walker arranged the financing.
New Tax Incentives for Workforce Housing
A veteran tax consultant explains how the newly created Qualified Opportunity Zones offer incentives to provide workforce housing in economically distressed areas.
VA Community Trades for $47M
Hivernan Realty Group acquired Aden Park & Glenway Green, a 538-unit value-add asset in Richmond, from Dominion Associates.
HFF Supplies $114M for SF Properties
Mosser Capital’s portfolio includes 455 units and 13 ground-floor retail suites. The properties are located near mass transit and employment centers.
CapitaLand Acquires $835M Portfolio
The properties include 16 communities located within the metropolitan areas of Seattle; Portland, Ore.; Los Angeles; and Denver. This marks the firm’s entrance into the U.S. multifamily market.
Keybank Finances NJ Affordable Housing Projects
Omni New York secured a first-of-its-kind loan to acquire and rehabilitate Garden Spires and Spruce Spires apartments in Newark.
American Landmark Snags Houston-Area Community
Hilltop Apartments is a 208-unit garden-style community located in the rapidly growing Texas city of Conroe, roughly 40 miles north of downtown Houston.