Finance & Investment - South

Luxury Miami Tower Lands $138M Financing
Walker & Dunlop arranged the construction loan on behalf of the developer, Two Roads Development. The 100-unit Elysee broke ground in 2017 and is scheduled for completion by 2020. 
Luxury
CA JV Acquires Value-Add Asset in Austin
Dekel Strategic Investors and Arrowroot Real Estate are planning to make renovations to Mueller Place, which was built in 1969.
Slideshow
Avison Young Facilitates Sale of 171-Unit NC Asset
Signature Place Apartments in Greenville changed hands for $14.8 million. Vice President Craig Cadwallader and Senior Vice President Gary Lyons worked on behalf of the buyer in the transaction.
Market Rate

Cities

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    Cushman & Wakefield Arranges $60M Miami Sale

    Advenir acquired the value-add Vista Verde at Westchester, which includes 302 units. The community is located near Florida International University.

    20 August 2018 13:46

  • North FL Development Lands $31M Financing

    The Highline, a 171-unit project in Melbourne, kicked off construction in June and is slated for completion in early 2020.

    17 August 2018 16:49

  • South FL Asset Lands Freddie Mac Refi

    HFF originated the new $22 million financing package, replacing a previous, floating-rate CMBS loan of $17 million taken in 2015.

    17 August 2018 12:06

  • Tampa Asset Trades Hands for $40M

    Investors Management Group has acquired the 276-unit Pavillions at Ballast Point and plans on making significant renovations to the property.

    16 August 2018 19:00

  • Miami Community Lands $36M Refi

    Miami Stadium Apartments, the former site of the Miami Marlins minor league stadium, was converted to multifamily housing in 2002 and offers a fitness center, a playground and a swimming pool.

    16 August 2018 13:13

  • Greysteel Arranges Acquisition Loan for TX Community

    Lancaster Cornwall Apartments offers 265 units and access to amenities such as two swimming pools, a clubhouse and a fitness center.

    15 August 2018 15:47

  • LIV Development Offloads FL Asset

    The buyer, Myers Apartment Group, picked up the newly built 260-unit property for more than $50 million prior to the asset’s stabilization.

    14 August 2018 17:35

  • Rising Interest Rates: The Calm Before the Storm?

    The Federal Open Market Committee announced the second short-term interest rate hike this year, prompting industry professionals to give their take on the possible effects this might have on the lending process.

    14 August 2018 15:27

  • Fogelman JV Expands Southeast Portfolio

    In conjunction with Thackeray Partners, the firm purchased Legends at Charleston Park in Charleston, S.C., and Westridge in Jacksonville, Fla., for a total of $67 million.

    14 August 2018 14:12

  • Pensam Trades San Antonio Community

    Triago Ventures financed the acquisition of the 288-unit multifamily value-add property with a $25 million loan originated by Walker & Dunlop.

    14 August 2018 05:46

  • Gladiator Enters the Ring in SC

    The firm acquired the 272-unit community in Columbia from RealSource for nearly $25 million, with the new owner taking a $14.2 million Freddie Mac acquisition loan.

    14 August 2018 05:42

  • Walker & Dunlop Structures $54M in Financing for FL Portfolio

    The lot includes five garden-style properties and 1,104 units in Jacksonville. The communities feature pools, fitness centers and leasing centers.

    13 August 2018 12:55

  • Berkadia Brokers Fort Myers Community Transaction

    Senior Managing Director Mitch Sinberg, Associate Director Matt Robbins and Director of Operations Jared Hill secured a $38.2 million Freddie Mac loan for the $55 million sale of Fountains at Forestwood.

    10 August 2018 17:16

  • CBRE Brokers Houston-Area Community Sale

    Senior Vice Presidents Clint Duncan and Matt Phillips represented seller Investors' Property Services in the disposition of the 576-unit Madison Park Apartments, while Executive Vice President Michael Thompson arranged the financing.

    10 August 2018 06:15

  • Brick Lane Picks Up SC Community

    The buyer financed the purchase of the 76-unit townhome property in North Charleston with a 10-year Freddie Mac mortgage.

    10 August 2018 06:13