News
JV Breaks Ground on Minneapolis Community
The 200-unit LakeHaus project is being converted from a 1950s office building into a luxury community near Lake Calhoun.
Trez Forman Provides $49M Loan for South Florida Project
The 15-story, 247-unit luxury multifamily property in Hollywood, Fla., is moving forward under new ownership after it was stalled for several years.
Johnson Controls Unveils New Rooftop Unit
The York SunPremier 25-50 ton unit series complies with energy efficiency standards, is cost-efficient, durable, easy-to-install and can integrate with other systems.
CBRE Facilitates $47M Transaction in Denver
David Potarf, Dan Woodward, Matthew Barnett and Jake Young represented seller FPA Multifamily. Velo Apartment Homes encompasses 240 units across 10 mid-rise buildings.
Lincoln Avenue Expands Orlando Footprint
The firm paid more than $6 million for the 121-unit fully affordable multifamily asset, with SunTrust Bank providing acquisition financing.
JV to Invest $1B in European Coliving Expansion
Medici Living Group and Corestate Capital Holding S.A. have teamed up to develop 35 new projects totaling 6,000 units over the next three to five years. A major U.S. expansion is expected to follow.
Orlando Luxury Asset Commands $65M
Redwood Capital Group acquired the recently opened 289-unit property from LeCesse Development, assuming the remaining balance of the developer’s construction loan.
Sacramento-Area Community Changes Hands
MJD Capital Partners paid more than $8 million for the 66-unit, Class C multifamily asset, situated 10 miles northeast of the city’s downtown.
Greystar Acquires Atlanta Community for $60M
Balfour Beatty earned a 30 percent return on the 437-unit multifamily asset, which it purchased from Resource Real Estate in 2016.
JLL Arranges Sale of San Antonio Community
The 164-unit Whispering Hills is located in the northeast section of the city. The transaction involved a $12.8 million loan originated by Ready Capital.