News

Inland Empire Senior Community Lands $40M in Financing

The new owner took a series of mortgages, revenue bonds and tax credit equity to acquire and fund capital improvements at the property.

Los Angeles Age-Restricted Community Sells for $34M

Positive Investments acquired the 162-unit property, financing the deal with a Freddie Mac loan from Capital One.

Mill Creek Opens 297-Unit Miami Community

Located 100 yards from the shore of Biscayne Bay, Modera Edgewater is the developer’s sixth Miami-area project.

MBK Rental Living Opens Inland Empire Apartments

Mitchell Place is located in a fast-growing city within California’s Riverside County.

JV Pays $19M for North Carolina Asset

Blackfin Real Estate Investors and GMF Capital LLC closed on their third purchase in less than six months.

Taurus Adds to Tampa Portfolio with $59M Deal

The real estate private equity firm paid $173,529 per unit for the property, which was previously owned by Preston-Giuliano Capital Partners.

High-End, High-Profile Manhattan Tower Tops Out

The joint-venture project of SJP Properties and Mitsui Fudosan America reaches 52 stories, legal challenges notwithstanding.

MG Properties Buys 2 Los Angeles Communities for $140M

The company’s buying spree continues with the acquisition of two properties totaling 397 units in Canoga Park and Northridge, Calif.

Omega Cabinetry Debuts New Product Lineup

MasterBrands Cabinets has rolled out updated styles, color selections and textured laminate finishes for the premium brand of kitchen solutions.

Upscale Dallas Project Lands $56M Financing

Sovereign Properties received loans from JLJ Capital, BridgeInvest and Cottonwood Communities Inc. to develop the $73 million second phase of the Dolce Twin Creeks project in Allen, Texas.