Finance & Investment
5 Tips on Finding the Right Neighborhood
Choosing the right location for a home purchase involved thorough research and consideration of a few key factors, in order to optimize the property’s resale potential.
JLL Secures Acquisition Financing for San Antonio Assets
JLL arranged financing on behalf of REEP Equity. The communities were both built in the 1980s and present value-add opportunities.
Weidner Acquires Seattle Community for $225M
Continental Properties sold the 313-unit Tower12 for $719,000 per apartment, a multifamily sales record for the area.
Hamilton Zanze Expands San Antonio Portfolio
The company acquired Quarry Townhomes, located in the Alamo Heights submarket. The 150-unit community was purchased from Ares Management with a $19.7 million loan held by Freddie Mac.
Capital One Closes $44M Loan for SoCal Refi
Amberway Apartments in Anaheim, Calif., is a 34-year-old garden-style community with 272 units and luxury amenities.
M&C Snaps Up $56M Orlando Luxury Community
Completed in 2017 by Wood Partners, the 312-unit Alta at Eastmar Commons encompasses 14 three-story apartment buildings, as well as a two-story clubhouse.
On the Market: 5 Interesting Listings for the Week of 10/23
This week’s listings feature a massive mixed-use condo/commercial project near San Francisco’s Ocean Beach and a value-add opportunity in Downtown Durham, N.C.’s Ninth Street district.
PA Community Lands $32M Refi
Managed by Paradigm Properties Group, Deerfield Commons is located in Central Pennsylvania. The loan includes two years of interest-only payments followed by a 30-year amortization schedule.
Jefferson Apartment Group Acquires Suburban Boston Asset
One Upland, in Norwood, Mass., includes 262 units. The property was built by Campanelli and Thorndike Development in 2016.
240-Unit Orlando Community Trades for $30M
Beachwold Partners acquired the multifamily property located in Davenport, Fla. VennPoint Real Estate was the seller and CBRE arranged the transaction.