News
Dalzell Expands in Philly With $19M Luxury Portfolio
The portfolio comprises recently completed or renovated assets, all located within minutes from Center City’s employment opportunities, shopping, dining and entertainment destinations.
Pricier Than It Used to Be in Atlanta
The metro’s average multifamily rent surpassed the $1,200 mark this year, having gained more than $200 since the summer of 2014.
Cushman & Wakefield Arranges $134M AL Sale
The portfolio includes five properties: Crossings at Pinebrook, The Pathways, Sandpiper, Windsor Place and Yester Oaks, all located in Mobile.
Suburban Dallas Community Changes Hands
JLL’s Capital Markets team secured acquisition financing for Frontline Holdings, which bought the 334-unit apartment community in Lewisville from InterCapital Group.
Priderock Acquires $154M AZ Portfolio
IMT Residential sold Del Coronado, Moorings at Mesa and Rancho Murietta, which are located in Tempe and Mesa.
KeyBank Secures Construction Loan for Affordable Housing in Austin
The community will include 302 units and will be developed by a public-private partnership between The NRP Group and Strategic Housing Finance Corp. of Austin County.
JV Completes Second Phase of Texas Student Housing
Following the opening of the first phase of Northside, which serves students attending the University of Texas at Dallas, Balfour Beatty Campus Solutions added 900 beds to the mixed-use community.
Dougherty Mortgage Provides Fannie Mae Loan for Dallas Asset
A private investor purchased a 116-unit market-rate community in southwest suburban Dallas, taking a $7.3 million loan to fund the acquisition.
NYC Condos Get $45M for Historic Restoration
CIT Group’s Real Estate Finance division arranged the loan for developer Knightsbridge Properties. The Tribeca luxury building includes 13 units.
JPI’s DFW Development Underway
The company plans to add 416 units to Jefferson Mercer II, its Farmers Branch-based live-work-play community.