Finance & Investment
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.
Matrix Monthly: Summing Up 2016
Research from Yardi Matrix reveals rent growth trends for the last month of 2016 and forecasts what’s to come this year.
HPI Closes 4th Multifamily Equity Fund
Hamilton Point Investments, the fund’s sponsor, has raised $85 million and expects to finish deploying the capital during the first quarter.