News
Wood Partners Sells Luxury Building in Salt Lake City
Completed in 2017, Alta Gateway Station is the first LEED Platinum-certified apartment building in Utah. The sale of the 277-unit rental property was handled by Cushman & Wakefield.
Charlotte Community Receives $22M Fannie Mae Loan
Arbor Realty Trust funded the DUS loan for Pressley South End Apartments, a 44-building asset in the southwestern part of the metro.
CA Ventures Adds New VP
Taylor Gunn brings many years of experience in student housing analytics. She will lead the company’s market research and development strategies across Europe.
Continental Realty, MLG Seal $54M Deal in Phoenix
The acquisition marks the third partnership between the two companies, which are planning a major renovation of the 408-unit property in Tempe, Ariz.
Dallas Community Commands $24M
Maravilla Apartments acquired the 310-unit property from DIJ Properties with financial help in the form of a $17.8 million Fannie Mae loan arranged by Dougherty Mortgage.
London Residential Project Lands $446M Loan
Regent’s Crescent is the first Grade I-listed property in the U.K. to receive approval for reconstruction. The HFF team worked on behalf of the borrower, which included Venture Capital Bank and Rassmal Investments.
Starlight Expands Multifamily Footprint in Toronto
The company added a 236-unit high-rise to its Canadian multifamily portfolio. Maeford Apartments will be managed on-site by MetCap Living Management.
Luxury Mixed-Use Project Underway on Capitol Hill
SGA Cos. and Evergreen Private Finance are developing The Rushmore, which will feature 117 high-end apartments, street-level retail and a revamped historic building on Pennsylvania Avenue.
LivCor Trades 288-Unit SoCal Asset
The company sold the Inland Empire asset for more than $63 million, with Capital One providing a Fannie Mae acquisition loan to the buyer.