Finance & Investment - South
Cities
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CBRE Brokers Sale of Ft. Lauderdale-Area Community
Still Hunter and Chris Smiles of CBRE’s South Florida Multifamily Capital Markets team worked on behalf of the seller in the transaction, while Freddie Mac originated the acquisition financing.
20 September 2017 17:02 -
Berkadia Secures $96M for PA, VA Properties
The company's HUD team secured financing for three properties: $67.1 million for two properties in Philadelphia, the largest HUD 223(f) loans originated in the area in the last five years, and $29.1 million for a property in Richmond, Va.
20 September 2017 15:57 -
Provident Realty Lands $122M for Historic Houston Mixed-Use
HFF secured a floating-rate bridge loan through TPG RE Finance Trust. The financing will be used for redeveloping The Star, which will feature 286 units.
20 September 2017 15:24 -
Electra America Buys 5th San Antonio Property
Built in 2013, Pecan Springs is a 344-unit garden-style community. The property is currently 95 percent occupied.
20 September 2017 15:19 -
Mallory & Evans Brings Student Housing to SC, AL
The company is adding Bellamy Coastal and Bellamy Florence to its luxury student housing brand. Totaling $56 million, the two communities are scheduled for completion by fall 2018.
19 September 2017 16:57 -
FL Mixed-Use Community Adds Multifamily Component
Edera at Coconut Point will be the only residential rental property within the 500-acre, master-planned, mixed-use development.
19 September 2017 16:10 -
Miami Community Commands $37M
Evan Kristol and Felipe Echarte of Marcus and Millichap’s investment team worked on behalf of the private seller to procure the buyer, Blue Rock Partners, for the transaction.
15 September 2017 17:02 -
Greystone Closes $77M Transaction for SC Portfolio
The initiative recapitalizes and preserves the affordability of 18 communities. All the 762 units are restricted to low-income households and will undergo renovations to improve the exteriors and interiors.
14 September 2017 20:26 -
Michaelson Acquires Dallas Apartments
Built in 1982, Chesapeake Apartments includes 126 units and features four floorplans. Currently the property is 98-percent occupied.
13 September 2017 19:16 -
Bellwether Secures $67M for 2 Properties
Brookson Resident Flats is a 296-unit community in Huntersville, N.C., and Summer Chase Apartments includes 168 apartments in North Myrtle Beach, S.C.
12 September 2017 19:16 -
Arrimus Snags FL Student Housing
The company made its second purchase from Parkland Development Corp. this year with the Forum at Tallahassee, a 264-unit community serving Florida State University students.
12 September 2017 15:30 -
South Dallas Community Snags $10.5M Refi
Justin Laub of Metropolitan Capital Advisors secured a 12-year term Fannie Mae loan for La Hacienda Apartments. The 16-building asset offers convenient access to and from interstates 20 and 35.
12 September 2017 14:22 -
Atlanta-Area Community Trades in $47M Deal
The Reserve at Johns Creek Walk centers on a divided median boulevard, designed to evoke an old downtown with 20th century-style architecture.
12 September 2017 12:39 -
JV to Convert FL Student Housing Into Apartments
The Collier Cos., Apex One and Paravest Capital have acquired the 324-unit Avenue 29 Apartments in Tallahassee and plan to reposition the community.
08 September 2017 15:49 -
TSB Capital Cinches Timely Loan for GA Student Housing
Located adjacent to the University of Georgia, The Mark Athens is a 300-unit, 928-bed community that offers a mix of units ranging from studio to five-bedroom.
06 September 2017 22:21