Finance & Investment
Upstate NY Community Commands $59M
At 761 units across four buildings, Siara Management‘s Nob Hill Apartments is one of the largest communities in Syracuse, N.Y.
Gelt Nabs 2 San Antonio Properties
The adjacent communities include the 288-unit Barcelo and the 300-unit Melia. Both include swimming pools, grilling stations and business centers.
Financiers Detail Rising-Rate Risks, 2018 Performance
Will the second half of the year hold a candle to the first? Top lenders and mortgage brokers list the trends they’re watching and the challenges that lie ahead.
Are You Ready for the Next Storm?
If there is one lesson learned from the last storm season it’s that disaster preparedness has become central to our industry’s operations, from the property level to the C-suite.
Pathfinder Partners Grows in CO
The purchase of Verona Park in Aurora marks the firm’s eighth investment in the Denver area. The 119-unit community offers 13 laundry facilities and 290 parking spaces.
Campus Apartments Snags VA Property for $31M
The Collection Midtown in Richmond includes 20 buildings and 219 units. This acquisition is the company’s third in the area.
Marcus & Millichap Brokers Sale of 2 WV Properties
The communities are situated north of central Morgantown and have a combined 409 units in 29 individual buildings.
Colliers Brokers Record Sale of West Seattle Community
Completed in 2015 and a 6-mile drive of downtown, the 38-unit asset sold for a record price in the West Seattle area.
MACC JV Grabs TN Portfolio
Hyde Capital Group traded the two communities, totaling 456 units, for more than $32 million. The new owner plans to renovate both assets.
Greystone Provides $77M for IN Asset
The company facilitated the loan for Bayshore Properties’ 1,337-unit Park West Apartments in Griffith. The 12-year, fixed-rate Fannie Mae loan includes six years of interest only.