Finance & Investment
Toro Real Estate Nabs SC Apartments
The 160-unit property brings the firm’s area footprint to 600 units.
Passco Caps 2016 with Apartment Buy in SC
The company acquired a 240-unit property for $38.5 million.
HFF Arranges $106M Construction Loan for 70 Rainey
The condominiums represent Sackman Enterprises’ entrance into the Austin market.
Colliers Sells Phoenix Apartments for $19M
Solano Terrance includes 18 two-story buildings totaling 288 units with studios and one- and two-bedroom floor plans.
JPI Secures Financing for 2 Luxury Texas Communities
Jefferson Mercer is expecting initial occupancy in the spring of 2018, while Jefferson Creek will be open for the summer of 2018.
LEM Closes $13M Transaction in Chicago
The 448-unit, garden-style apartment community was acquired in a joint venture with a locally based owner-operator.
Hunt Mortgage Group Delivers Financing for NC Property
The New York-based company provided a $10 million loan for the acquisition and renovation of 276-unit Serenity Apartments in Greensboro.
Student Housing Continues to Grow, May Face Decline in 2018
Fundamentals could take a hit unless college enrollment returns to growth mode.
Origin, Draper and Kramer Acquire Suburban Chicago Property
The joint venture purchased the 448-unit community for $48 million.
REIT Pays $45M for 256-Unit Austin Community
Canyon Resort at Great Hills traded for roughly $173,830 per unit.