Finance & Investment
San Antonio Value-Add Asset Changes Hands
JLL has brokered the sale of Cordoba Apartment Homes, a community comprising 30 studio, 70 one-bedroom and 160 two-bedroom apartments.
Andover Real Estate, M Group Acquire Detroit Community
Carlton Apartments has 144 units and is located in the Lafayette Park area of the city. Greystone provided the Fannie Mae Green Rewards financing for the acquisition.
Berkadia Arranges $22M Acquisition Loan for TX Community
Senior Managing Director Tucker Knight and Director Nicholas Murphy worked on behalf of Olympus Property, the company that purchased the 250-unit Anatole on Briarwood.
Homeowners Rehab Secures $40M for MA Asset
The 98-unit HRI Concord Highlands will be the largest new construction affordable development to rise in Cambridge, Mass., in 40 years.
Miami’s $425M Project: Where Urban Living Meets the River
UrbanX Group’s Andrew Hellinger reveals the details behind one of Miami’s hottest projects: River Landing Shops and Residences, located on the Miami River.
Berkshire Group Grabs NJ Community
The 12-building property—known as Steward’s Crossing—in Lawrenceville is in the vicinity of major thoroughfares, notable employers and Princeton University.
Fortis Property Group Gets $66M for NYC Condos
NKF Capital Markets secured the mezzanine loan for 1 Seaport, a 60-story, 98-unit luxury asset overlooking Manhattan’s East River in the Financial District.
NC Community Lands $39M Refi
Chaucer Creek Capital, Richardson Properties and Kassinger Development Group will use the loan to refinance Audubon Place, a 342-unit property in Arden.
TruAmerica Multifamily Secures 2 Vegas Properties for $77M
The company added 504 units to its portfolio with the acquisition of Crossing at Green Valley and The Retreat.
Affordable Phoenix-Area Community Trades for $16M
Johnathan Smith, Brian Smuckler and Jeff Seaman of CBRE facilitated the sale of the 152-unit property in Peoria, Ariz., to a local investor.