News
Atlanta Age-Restricted Community Commands $10M
CBRE provided nearly $8 million in Fannie Mae acquisition financing to The Hallmark Cos., the buyer of the 120-unit asset.
Raintree Partners Acquires San Diego-Area Property
The 333-unit property is located within the University Town Center neighborhood in La Jolla, Calif. HFF arranged the sale and financing in the deal.
Carlyle Group JV Buys Vegas Apartments for $87M
The 456-unit Class A property last changed hands in late 2010, when Fairfield Residential sold it for nearly $47 million.
Luxury Rental Community Opens in Fort Lauderdale
Morgan and institutional investors advised by J.P. Morgan Asset Management opened the 350-unit Pearl Flagler Village, located in one of the city’s most popular neighborhoods.
NorCal Manufactured Housing Property Scores Refi
Hunt Real Estate Capital secured the $4.2 million, seven-year Fannie Mae loan for Hidden Acres, a 101-unit community in Susanville.
Las Vegas Multifamily Report – Winter 2019
Multifamily investment sales in 2018 crossed the $2 billion mark for the third year in a row, while the average rent hit a new peak for the current cycle.
Strand Co. Sells Atlanta Apartments for $31M
PGIM Real Estate Finance originated a Fannie Mae acquisition mortgage of almost $22 million for the buyer of the partially affordable 294-unit community.
Hilltop Residential JV Buys 399-Unit Asset in DFW
The Class A Watervue last changed hands in 2012, as part of a portfolio deal. The new owners plan to invest in interior improvements.
Capital Square 1031 Acquires VA Property for $70M
Walker & Dunlop Inc. arranged $45.3 million in financing for the purchase of Bellemeade Farms, a 316-unit community in Leesburg.
Enterprise Property Automation. Why Now?
Smart locks, thermostats, cameras, lights—all of these and more are rapidly being adopted by consumers, especially Millennials.