Finance & Investment
JV Nabs $34M Southeast Portfolio
Blue Magma Residential and NCP Enterprise Funds have acquired three communities in Covington, Ga.; Robinsonville, Miss.; and Dothan, Ala.
AZ, NC Senior Housing Lands $50M
Greystone arranged the construction financing for the assets, which will comprise a total of 386 units.
Inland Atlantic Breaks Ground on Orlando Apartments
The Lofts at South Lake is a 144-unit community in Clermont, Fla. Designed by ORA Architects of Raleigh, the property is slated for completion in November 2018.
JLL Facilitates Sale of Texas Community Built in the 60s
The 44-unit community, located off Loop 1604 near Interstate 35 in northwest San Antonio, is a solid investment due to its value-add profile.
San Antonio Asset Trades in Off-Market Deal
Avistar at Chase Hill is an asset built in 1978, minutes from the University of Texas at San Antonio, with significant value-add opportunities.
Q East Development in CA Secures $60M
George Smith Partners arranged the loan on behalf of California Home Builders for the construction of a mixed-use project including 241 units and 34,139 square feet of commercial space.
$58M Earmarked for GSU Student Housing
SunTrust Commercial Real Estate and a South City Partners affiliate have closed a loan to finance the $90 million, 26-story development.
BSR Trust Grabs 474-Unit Dallas Property
Invesco Real Estate sold Windhaven Park Apartments in Plano, Texas, and JLL arranged the acquisition financing on behalf of the new owner.
FL Multifamily Property Lands $50M Loan
Walker & Dunlop Inc. has structured a loan for Matthews Crossing, 1,103-unit, Class B multifamily community in Jacksonville, Fla., near The University of North Florida and Jacksonville University.
MGPG Buys 456-Unit San Diego-Area Community
Waterleaf is a low-density garden-style property featuring one- and two-bedroom apartment units. CBRE secured a $76 million Fannie Mae acquisition loan.