Finance & Investment
Walker & Dunlop Arranges $36M Loan for Affordable Property
The financing was used to purchase and rehabilitate Lake Delray Apartments, a Class B community in Delray Beach, Fla.
BSR Trust Enters Northwest AR Market
The company purchased Mountain Ranch Apartments, a 360-unit community in Fayetteville.
2 Charlotte Communities Trade Hands
Gamma Real Estate acquired the 252-unit Whitehall Estates and the 318-unit Stone Ridge.
Tremont Realty Capital Structures $3M Acquisition Financing
An affiliate of Nodel Parks LLC acquired three Alabama properties for a combined purchase price of $4 million.
On the Market: 5 Interesting Listings for the Week of 3/6
The most recent listings include a centrally located ’60s Hollywood asset and a recently upgraded property just steps from Cornell University.
Marcus & Millichap Sells Dallas Community
The new owner plans a multi-million-dollar renovation.
CDP Expands West Coast Portfolio
The company has acquired three affordable communities in Las Vegas and Salem, Ore.
Steele Properties Acquires Affordable AL Community
Valley Brook Apartments includes 240 units, 213 of which are affordable.
The March digital issue of MHN is now available!
Editor’s note Act now. People on the Move News from WinnResidential, Mill Creek and more. Transactions Sales and financing news. Market Pulse Rent growth, transaction data. Mission: Success Steve Heimler makes waves in the Rainbow State. Special Report: A New Direction? Watch for big changes to fair housing policy. Golden age? It’s supply vs. demand in the senior housing ring. Covering the Bases How military housing operators win over service families. Joining the Crowd Crowdfunding’s multifamily footprint grows. In the Lap of Luxury NMHC’s Mark Obrinsky: Is there enough demand for upscale apartments?
Towne Properties Acquires Raleigh Community for $21M
Built in 1986, Regency Place Apartments includes 180 units.