Finance & Investment - South
Cities
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Oxford Properties Sells Newly Built FL Community
PGIM Real Estate Finance provided the buyer with a 10-year, non-recourse Freddie Mac acquisition mortgage, which amortizes over 30 years.
16 October 2018 11:56 -
Sunshine State Portfolio Changes Hands for $98M
Priderock Capital Partners has picked up the two Class B communities, totaling 550 units, with $67 million in acquisition financing from Freddie Mac.
16 October 2018 11:19 -
Hayden Properties Sells TX Portfolio
RSN Property Group picked up the two Class B San Antonio communities, financing the transaction with a nearly $31 million mortgage.
15 October 2018 13:37 -
Berkadia Arranges $39M Acquisition Loan for FL Community
Senior Managing Director Charles Foschini, Managing Director Christopher Apone and Senior Analyst Lourdes Carranza-Alvarez of Berkadia’s South Florida office worked on behalf of the buyer.
15 October 2018 12:48 -
San Antonio Portfolio Lands $27M Bridge Loan
The new financing package retires $25.4 million in prior debt. The four properties, owned by TerraVista, total 624 units across three of the city’s submarkets.
12 October 2018 13:57 -
Jacksonville Development Lands $35M Financing
Waypoint Residential’s planned Volaris West Kernan community will add 301 market-rate apartments to the Southridge submarket’s inventory of approximately 4,100 units.
12 October 2018 13:30 -
Cortland Partners Acquires Luxury Atlanta Portfolio
Home at The Battery Atlanta encompasses three communities—Parkside, The Residences and The Flats. The seller was a joint venture between Pollack Shores Real Estate Group and Braves Development Co.
11 October 2018 15:53 -
Prasiti Asset Manager Acquires Texas Property
A JLL Capital Markets team represented the seller, CEG Multifamily LLC, in its disposition of Retreat at Western Hills, a 224-unit apartment community.
10 October 2018 17:05 -
Geller Associates Buys $23M Charlotte Apartments
Hunt Real Estate Capital provided a $18.3 million Fannie Mae DUS loan to finance the acquisition of Fields at Archdale, a 243-unit garden-style community.
10 October 2018 15:41 -
Maxus Realty Trust Sells MS Community
Berkadia represented the seller in its disposition of Mallard Creek Apartments, located in Horn Lake. The previous owner bought the property in 2015 for $8.2 million.
09 October 2018 17:18 -
CBRE Facilitates $14M Loan for Recently Built NC Community
Kristen Reilley and Nate Sittema led capital markets efforts to secure a 10-year, fixed-rate acquisition financing for Beaucatcher Flats in Asheville.
09 October 2018 13:30 -
Miami Beach Community Lands $5M Loan
Eastern Union Funding arranged the financing for the acquisition and conversion of a 12-unit building into 18 short-term rental apartments. BridgeInvest provided the loan.
08 October 2018 14:12 -
Burlington Capital Sells FL Portfolio for $37M
The portfolio included the 240-unit Lake Forest Apartments and the 144-unit Jade Park, two communities located side by side in Daytona Beach. Marcus & Millichap brokered the deal.
08 October 2018 13:35 -
Passco Cos. Nabs SC Asset for $48M
The Lively at Carolina Forest in Myrtle Beach is a class A+ property that contains 305 units, a beach house, a saltwater pool and a fire pit area.
08 October 2018 13:08 -
South Florida Beachfront Ultra-Luxury Condo Gets $558M
The Estates at Acqualina received the construction financing from Bank OZK, allowing The Trump Group to continue development of the $1.5 billion oceanfront condo tower project in Sunny Isles Beach.
05 October 2018 17:21