News
American Landmark Continues NC Expansion
The company has acquired the 339-unit Sterling Town Center in Raleigh and the 312-unit Integra Springs at Kellswater in Charlotte. Both communities will undergo extensive renovations.
3rd Ave Investments Buys Phoenix-Area Asset for $22M
The 276-unit Casa Bellisima is located in Glendale, a submarket with limited inventory but more affordable rents than the urban core.
Walker & Dunlop Secures $20M Loan for Affordable TN Asset
Vice President Rob Rotach secured the financing for the 153-unit Dandridge Towers, an age-restricted asset in southern Nashville, through the HUD program.
NJ Industrial Site to Transform into Mixed-Use Community
Atlantic Realty’s Ewing Town Center, located at the former General Motors facility in Ewing Township, will comprise 1,182 units and 110,000 square feet of retail and office space.
Greystone Closes Sale of TX Senior Housing
The Aspens at Wade Park in Frisco includes 162 units and features a pool, a movie theater and a salon.
On the Market: 5 Interesting Listings for the Week of 8/27
This week’s listings include a transit-oriented project in North Hollywood, a newly constructed luxury community in Des Moines and more.
Development Powers Through in Dallas
In the first half of 2018, roughly 11,500 multifamily units came online in the metro, which boasts the largest pipeline in the U.S.
CBRE Brokers $35M Colorado Springs Sale
Dan Woodward, David Potarf, Matthew Barnett and Jake Young represented seller Griffis/Blessing in the transaction involving a 220-unit garden-style community.
Hunt Capital Partners Provides $23M for TX Redevelopment
Blue Flame Apartments in El Paso will include 120 affordable units and 39,672 square feet of commercial space when completed.
JV Acquires 208-Unit TX Community
JLL Capital Markets arranged the acquisition financing on behalf of Internacional and Dome Equities, which purchased Sunrise Canyon Apartment Homes in Universal City.