News

NC Community Lands $39M Refi

Chaucer Creek Capital, Richardson Properties and Kassinger Development Group will use the loan to refinance Audubon Place, a 342-unit property in Arden.

TruAmerica Multifamily Secures 2 Vegas Properties for $77M

The company added 504 units to its portfolio with the acquisition of Crossing at Green Valley and The Retreat.

Affordable Phoenix-Area Community Trades for $16M

Johnathan Smith, Brian Smuckler and Jeff Seaman of CBRE facilitated the sale of the 152-unit property in Peoria, Ariz., to a local investor.

Robert Hart, president & CEO, TruAmerica

TruAmerica Still Bullish on Value-Add Buys

Robert Hart talks about how to overcome challenges in hot West Coast markets and reveals why opportunity zones are not yet a target for the multifamily investment firm.

LIHC to Preserve East Harlem Affordable Community

The firm has funded more than $20 million in capital improvements for Lakeview Apartments, which was constructed in 1974 and comprises four buildings.

JV Acquires Las Vegas Community for $50M

Tower 16 Capital Partners and Henley USA purchased a 540-unit multifamily project that Tower 16 will spend $7 million to upgrade.

Gebroe-Hammer Arranges $32M Multifamily Sale

A team of brokers that included Greg Pine, Stephen Tragash and Eli Herskowitz represented Woodmont Properties in selling its Bridgewater, N.J., development.

2 Vegas Properties Command $60M

Westland Real Estate Group acquired Liberty Village Apartments and Village Square Apartments, adding 1,129 units to its portfolio.

Walker & Dunlop Taps New Finance SVP

Michael Davis will be responsible for originating multifamily loans through the lending programs of HUD, Fannie Mae and Freddie Mac.

Rivergate KW Residential Expands Into TN

The company will oversee The Residence at Old Hickory Lake, a 116-unit community near Nashville. This marks the fifth property it will manage for Arnold Cos.