Finance & Investment
Mesa West Enters Nashville with $88M Refi
Magellan Development Group’s The SoBro includes 313 units and ground-floor retail.
Cresta Expands Portfolio with Beverly Hills Buy
The Royal Palm, a 45-unit property, was 100 percent occupied at the time of closing.
Post Brothers Wins $103M to Transform Historic Office
Philadelphia’s The Atlantic will be redeveloped into a luxury community.
Hamilton Point Snaps Up 2 Communities for $32M
With Fund IV now nearly fully invested, the company is already acquiring under Fund V.
Matrix Monthly: February Rent Growth Scores Love-Love
While rent growth remained stagnant during February, Yardi Matrix’s latest monthly report assures that strong fundamentals and the promise of a growing economy bode well for the industry.
HFF Facilitates $65M Financing for CityCentre
CityCentre consists of retail, office, hotel and residential space.
Hunt Mortgage Procures $22M for 2 Dallas Communities
The borrower plans a $3.2 million renovation of the 309-unit and 174-unit garden-style communities.
Berkadia Secures $31M for Tallahassee Student Housing
CollegeTown Phase III is a seven-story structure on a 1.8-acre lot contiguous to the Florida State University campus.
Marcus & Millichap Nets $81M for TX Portfolio
The six communities are located in Haltom City, Mesquite, Garland, Irving, Commerce and Waco.
JV to Develop $100M Student Housing Project
Armada Hoffler Properties and Spandrel Development Partners plan to build new student apartments in downtown Charleston, S.C.