Finance & Investment
Hunt Secures Fannie Mae Loan for FL Student Housing
Completed earlier this year, the Highlands Apartments is 100 percent leased. The community is an off-campus property serving students at the Florida State University.
Investors Snag Atlanta-Area Apartments
Franklin Street has facilitated the sale of two apartment properties: Salem Chase Apartments in Conyers, Ga., and Delta Appletree Apartments in southwest Atlanta.
Greystone Secures $45M Loan for Estero Asset
Completed in late 2016, the community leased up quickly, becoming eligible for a higher proceeds loan under the traditional Fannie Mae program.
Walker & Dunlop Arranges $15M Loan for Manseau Flats
The Green Bay area multifamily project is slated for completion in October 2018 and will be built using environmentally friendly techniques.
Investors Eye Robust 2018: Capital One
According to the company’s latest survey of 121 industry professionals, the new year will bring investors to search for value outside of urban core markets and get back to being active buyers and sellers.
Venture West Closes $51M Refi
The company has arranged the loan for two properties, totaling 120 units in Los Angeles. The loan was secured through Banc of California.
Inland Group Lands $50M NC Community
Inland Real Estate Acquisitions closed the purchase of a 304-unit community in Knightdale, N.C. Senior Vice President Mark Cosenza completed the deal with assistance from Brett Smith, assistant vice president & associate counsel of The Inland Real Estate Group.
HFF Secures $35M Sale of Orlando Community
Epoch Residential sold the 181,276-square-foot community, which features one-, two and three-bedroom apartment units. The new owner intends to upgrade the property’s amenities and services.
Investor Demand for South Florida Multifamily Brisk Again in ’17
This year there have been 198 multifamily sales in the area valued at a total of nearly $3.6 billion, according to a report by Cushman & Wakefield.
FCP Grabs $45M GA Property
Federal Capital Partners has acquired the 446-unit, garden-style Stratford Ridge in the Atlanta suburb of Marietta. This represents the company’s fifth investment in the area.