News
372-Unit Dallas Community Commands $53M
The sale marked the fourth acquisition for BSR Real Estate Investment Trust in under a year, bringing the entity’s portfolio to a total of 51 multifamily assets.
Standing Out in Orange County
Western National Property Management’s Scott Wickman shares his insights on the role of Instagram, tech and communication in a successful property management strategy.
FCP Pays $23M for Atlanta Community
The acquisition marks the buyer’s seventh investment in the area. The new owner plans to rebrand the 164-unit Ashford Gardens.
Recently Completed Dallas Community Trades
California-based trust Porgest Properties acquired Digit 1919 in the Cedars neighborhood. The first residents moved into the 102-unit property in late 2017.
Alignvest Acquires Ontario Student Housing Portfolio
The student housing REIT acquired four properties totaling 446 units as part of its planned strategy to consolidate its presence in Canada.
Greystone Refinances MI Multifamily Asset
The $11.3 million Fannie Mae loan features a 10-year term and 30-year amortization period. The property is Ranches of Rosebrook in Ypsilanti.
Hunt Real Estate Provides $13M Loan for KY Community
The borrower used the financing for the acquisition of Saddlebrook at Tates Creek, a recently renovated 181-unit property in Lexington.
Axonic Properties Sells $16M FL Community
Creative Realty Partners has purchased the 126-unit property with the third highest price per unit for this type of asset in Hillsborough County. CBRE procured both the buyer and the seller.
HFF Completes Sale of TX Student Housing Community
Villas on 26th is one of the seven student housing projects developed by Zucker Properties at the University of Texas at Austin.
Southwest FL Community Sells for $48M
KeyBank provided the buyer, Bridge Investment Group, with approximately $34 million in Freddie Mac acquisition financing for the 300-unit multifamily asset.