Finance & Investment
American Landmark Expands TX Footprint
Legends at Ridgeview Ranch totals 480 units and is located in north Plano. The new owner is planning to invest nearly $4 million in capital improvements.
VA Student Housing Portfolio Changes Hands
The 92-unit communities in the portfolio are located one mile away from Virginia Polytechnic Institute and State University. The owner plans to renovate both the interior and exterior of the properties.
Olympus Property Adds OC Community to Its Portfolio
360 Residential sold the recently completed 280-unit, boutique-style, luxury development located in Irvine, Calif., approximately 3 miles from John Wayne International Airport.
BCB Secures $78M Refi Loan for NYC Portfolio
The six communities are located on Manhattan’s Upper West Side and have undergone $10 million in capital improvements since they were acquired in 2014.
San Francisco Portfolio Sells for $260M
Hunton Andrews Kurth represented the seller, Nahla Capital, in its disposition of 30 assets totaling 400 units.
Fort Worth Multifamily Community Changes Hands
The property is situated within the 63-acre Waterside mixed-use development and offers quick access to the Arts District and Downtown.
Jacksonville Community Changes Hands for $20M
The seller, Kite Realty, completed the 130-unit luxury property in 2017. The new owner took a $13.3 million acquisition loan from Thrivent Financial.
MA Community Receives $120M Loan
The 392-unit rental property in Cambridge is LEED Silver-certified. Greystar acquired the asset last year as part of its acquisition of Monogram Residential Trust.
KeyBank Arranges $291M for Senior Housing Portfolio
The loan, which was secured through Freddie Mac and closed in two tranches, was used to acquire 17 properties totaling 2,193 units.
KeyBank Provides $64M Loan for Affordable NJ Asset
The refinancing will also help rehabilitate Grace West Manor, a 429-unit Newark community built in 1978. The property serves individuals aged 62 and over.