Finance & Investment
Jacksonville-Area Communities to Receive $58M in Construction Financing
Walker & Dunlop facilitated loans for the 348-unit Beachwalk Apartments and the 285-unit Atlantica Isles, both located in St. John’s upcoming Beachwalk master-planned community.
Arlington Apartments Change Hands
A private investor picked up the 143-unit metro Dallas property, financing the acquisition with a $9 million Fannie Mae loan originated by Dougherty Mortgage.
TruAmerica Expands FL Portfolio with $79M Buy
Solis at Winter Park in Orlando comprises 596 units and offers residents access to two swimming pools, a fitness center and a clubhouse.
Security Properties Buys $85M Portland Asset
The buyers plan to upgrade common areas and unit interiors at the pet-friendly community, which was 92.8 percent occupied as of July.
Inland Real Estate Buys Tampa Community for $22M
Carroll Organization traded Laurel Oaks Apartments, a 192-unit property located 11 miles from downtown Tampa. The sale price equates to $115,104 per unit.
KeyBank Originates $31M for Affordable Seattle Properties
Both properties are located in the Atlantic neighborhood of Seattle and will provide a total of 126 affordable housing units.
CT Community Receives $20M Financing
CS Acquisitions Group recently acquired the 200-unit Cove West Hartford in a $20.9 deal and plans to renovate the property.
CBRE GIP, Madison International Purchase Spanish Portfolio
Valued at about $1 billion, the 6,458 rental units are located in Madrid and other major cities. Azora, the seller, will continue to manage the communities.
Brookfield Acquires 2 Bronx Development Sites for $165M
A joint venture between affiliates of The Chetrit Group and Somerset Partners sold the parcels, located at 101 Lincoln Ave. and 2401 Third Ave., in Mott Haven.
Hunt Real Estate Capital Arranges Refi for Vintage Chicago Asset
The new financing for the 1918-built community will be used to refinance its existing loan, while $1 million will be allocated to capital improvements.