Finance & Investment
Sterling Real Estate Snaps Up Austin Asset
A joint venture between Barker Pacific Group and Pacific Real Estate Partners has acquired the 230-unit Spring Valley Apartments.
Waypoint Residential Nabs 4 Midwestern Properties
The company’s acquisitions include three market-rate communities in Chicago and Columbus, Ohio, and a student housing asset near the University of Kansas in Lawrence, Kan.
Zavala Capital Expands Atlanta Footprint
Jake Reid and Roger Schoerner of Franklin Street Real Estate acted on behalf of the seller in the $9.7 million transaction.
TX, AZ Affordable Senior Properties Land $18M Financing
Bellwether Enterprise arranged the complex financing for three age-restricted communities located in Kingman, Ariz., and Austin, Texas, using LIHTC and HUD funding.
Pennrose Debuts NJ Senior Redevelopment
The 62-unit independent living community is a $25 million adaptive reuse and historic renovation and adaptive reuse of the Roosevelt hospital, built in 1937.
Alden Street Capital Nabs TX Student Housing Community
Built in 2002, Dakota Ranch comprises 316 beds and serves students attending Texas State University. CBRE arranged the sale and financing of the 17-acre property.
Manhattan Luxury Condos Land $155M Financing
Sumaida + Khurana and LENY’s 35-story project will be the award-winning architect Alvaro Siza’s first U.S. development and will include 83 highly amenitized units.
Financing Solutions for Sustainable Development
At the NYU Schack Institute of Real Estate’s Conference on Sustainable Real Estate, executives examined the forces impacting sustainability financing, the efforts being made to scale green building efforts and the challenges ahead.
Rohcs Management Completes First Phoenix Buy
The California-based company made its first acquisition in Glendale, Ariz., aiming to capitalize on the Phoenix MSA’s growing workforce housing demand.
HFF Hires Multi-Housing Debt, Equity Director
Rick Salinas brings more than 15 years of experience to the company’s San Francisco office, following previous roles with Berkadia and Wells Fargo.