News
White Eagle Property Group Buys Charleston Community
The firm has added to its portfolio a 264-unit property located in Charleston, S.C. FCP and High Real Estate Group sold the asset for $36.1 million.
New Student Housing Community Set to Open in FL
The 96-unit student housing community marks Mallory & Evans Development’s first project in the Florida market. The property is scheduled to open in August.
New Jersey Luxury Project Receives $60M Construction Loan
Cushman & Wakefield secured the financing for a joint venture of PCD Development and Saber Real Estate Advisors. The loan will be used for the construction of a 421-unit high-end community in Bogota, along the Hackensack River.
Lee & Associates Adds South FL Principal
Alex Pappas has more than 25 years of international industry experience. In his new role, he will focus on multifamily and mixed-use development.
$1B Redevelopment Breaks Ground in Baltimore
The city’s housing authority started the first phase of a six-year plan that will create 1,345 new residential units, as well as a variety of community resources and services.
Goldman Sachs Provides $106M Loan for Nashville High-Rise Project
Plans for the 29-story SoBro development call for 354 units above a podium with four levels of parking and 7,600 square feet of retail space.
NAI Capital Brokers Pasadena Transaction
Mario Gandara, Ramzy Prado and Jenny Eng of the company’s Multifamily Services Group worked on behalf of both the seller and the buyer.
Wood Partners Breaks Ground on Luxury Portland High-Rise
The upcoming community will incorporate the northern part of the Artists Repertory Theatre building and will also feature ground-floor retail and affordable units.
Boston Capital Sells Phoenix Asset for $65M
KeyBank provided Eaton Vance Investment Managers with a $45.8 million Fannie Mae loan for the acquisition of Aventura in Avondale, a 17-building gated community.
Q&A: HHHunt’s Finds Synergies, Stability in Diversification
MHN caught up with Janet Riddlebarger, leader of the Asset Management Group, to chat about the company’s plans for the future, new technology and the industry concerns that keep her up at night.