Finance & Investment
KC Portfolio Scores Acquisition Loan
The two market-rate communities located west of Kansas City add up to 132 units and last traded roughly 15 years ago.
Income Property Organization Facilitates 308-Unit OH Transaction
The Shaker Square Apartments portfolio encompasses 15 buildings in Shaker Heights. The $18.7 million deal was brokered by IPO’s Paul McHugh.
Jacksonville Community Changes Hands
Mody Real Estate Group traded the nearly 200-unit property for almost $11 million, providing a 3-year acquisition loan to the buyer.
Tech CU Funds Luxury San Jose Development
Cypress Group received $20.5 million in financing for the construction of the apartment building located in the Willow Glen neighborhood.
Vista Realty Partners Sells Community in Atlanta Burb
Completed in 2017, Northridge Vista Apartments is a 220-unit property in Sandy Springs, Ga. The new owner is New York City-based Hudson Capital Properties.
ARA Acquires 329-Unit Atlanta Luxury Community
The LEED Gold-certified Azure on the Park in Midtown overlooking Piedmont Park offers five designer interior collections and upgraded penthouses.
Berkadia Arranges Sale, Financing of TX Property
Olympus Properties purchased the 346-unit Houston-area community from Trammell Crow Residential and Prime Property Investors.
Cohen-Esrey Acquires 352-Unit KC Community
The previous owner of the 1986-built property invested close to $2.5 million in renovations and upgrades during the last five years.
Age-Restricted Community in DFW Changes Hands
Marcus & Millichap brokered the sale of the 240-unit senior community located south of central Dallas. The buyer received a $20.3 million, 10-year Fannie Mae acquisition loan.
CO Apartment Asset Receives $38M Freddie Mac Loan
Josh Simon and Kristian Lichtenfels of HFF worked on behalf of the borrower, Jeffrey Sanders of Mountain View Capital LLC, to secure financing for the Denver-area property.