News
Manufactured Housing Market Makes Strides
NorthMarq’s first market research report on the sector found that occupancy and rent growth were on the rise in 2018, with transaction volume boosted by Opportunity Zones.
Tampa Community Sells for $24M
Uptown Ambrus Investments has obtained a $12.2 million loan for the acquisition of the 292-unit property in the University Square submarket.
Lang Partners Breaks Ground on Fort Worth Community
The Dallas-based developer is bringing the high-end, 390-unit project to the city’s Near Southside district, a neighborhood in the midst of revitalization.
GA Community Lands $47M Refinancing
Arbor Realty Trust extended the loan for 13Ten Apartment Homes, a 977-unit gated property built in 1988. Emerald Equity Group owns the asset located near Stone Mountain Park.
North FL Community Trades for $36M
Kimball Key LLC has received $27.1 million in financing for the purchase of Mandarin Apartments, a 401-unit garden-style asset in Jacksonville.
Denver Community Trades for $26M
The 156-unit community was recently renovated and roughly two thirds of the units were upgraded. FPA Multifamily acquired the asset in 2016.
Campus Advantage to Manage TX Student Housing
Located near the University of Texas at Austin’s West Campus, the 567-bed community developed by Lincoln Ventures is scheduled for completion in the fall of 2020.
Upscale NJ Community Lands $115M Financing
New York Life REI originated the loan for The Harper at Harmon Meadow, a 469-unit luxury residential project opened last year at the Harmon Meadow mixed-use community in Secaucus.
CareTrust REIT Closes $211M Senior Housing Acquisition
The 12-property portfolio totals 1,734 beds across Louisiana and Texas. The seller is an affiliate of BM Eagle Holdings LLC.
LMC Launches Leasing at Luxury Atlanta Tower
The 310-unit community is located in the Midtown district, which commands the highest rents in the city’s booming multifamily market.