News

Allied Orion Sells Class A Community in Houston

JLL acted on behalf of the seller and also procured the buyer of the 281-unit recently built property.

Embrey Partners to Begin Construction on Fort Worth Community

Amegy Bank provided financing for the 293-unit project that is slated for completion in 2021.

Morgan Stanley Provides $143M Refi for Bronx Portfolio

Black Bear Capital Partners arranged the loan package for a total of 18 properties.

Gelt Increases Denver-Area Presence with $145M Buy

JLL represented the buyer in its purchase of Kallisto at Bear Creek, located in Lakewood, Colo.

Hunt Capital Partners, Pennrose Expand Affordable Housing Project

The companies have secured $4.5 million in financing to build 55 senior living units as part of the second phase of the Residences at Glenarden Hills development in Lanham, Md.

Phoenix Asset Trades for $58M

PrivatePortfolio Group purchased the newly built Circa Central Avenue with acquisition financing originated by Nationwide Life Insurance Co.

Covenant Capital Pays $39M for Jacksonville Community

CBRE Capital Markets provided the buyer with a $31.4 million loan through Freddie Mac.

JAG Begins Construction on Luxury Waterfront Project in Orlando

In partnership with Mid-America Apartments, the company broke ground on Jefferson Sand Lake, located in the Dr. Phillips neighborhood.

Washington, D.C., Multifamily Report – Fall 2019

Multifamily rents in the metro have picked up since June 2019, after several years of below-trend growth caused a supply surplus.

IPA Expands Orlando Multifamily Sales Team

Three former CBRE executives joined the company as executive managing director, senior managing director and first vice president, respectively.