News
PMG Miami Community Lands $106M Refi
The 464-unit property, which offers apartments as well as bedrooms for rent, started construction in mid-2016 and recently opened its doors.
Morgan Properties Buys DC-Area Community for $62M
HFF brokered the sale of the 308-unit community, which is located inside the Capital Beltway and within a 10-mile drive of downtown D.C.
Tackling Homelessness in Denver
In an exclusive video interview, Vitus Development Director Scott Langan discusses the firm’s first Colorado acquisition: a low-income and homeless housing property that the affordable housing developer will renovate.
Walker & Dunlop Earmarks $70M for Southeast Portfolio
The company arranged the funding for Capital Square 1031’s purchase of two properties in Virginia and one in Georgia.
Gilbane Development to Construct 5 Student Housing Communities for $400M
The new projects, which will include 3,500 beds, will open in Georgia, Arizona, Illinois, Maryland and Oregon within the next couple of years.
Toro Introduces the PowerJet F700
The corded electrical blower is currently the strongest on the market, with air volume strength of up to 725 cubic feet per minute and a maximum air speed of 140 mph.
CBRE Closes $82M Sale of CO Community
Executive Vice Presidents Dan Woodward and David Potarf, along with Senior Vice President Matthew Barnett, represented Seagate Properties in the disposition of Environs in Westminster.
TGM Associates Makes 6th Chicagoland Buy
A former Crossroads Partners asset, the luxury property is located in the North Shore suburb and offers access to more than 100,000 square feet of retail amenities.
HFF Secures $50M Durham Acquisition Loan
The company debt placement team working on behalf of borrower Lantower Residential included Senior Directors Jamie Leachman and Roger Edwards.
Berkadia Arranges $46M Loan for Miami Residential Tower
Charles Foschini and Christopher Apone of the firm’s South Florida office arranged the three-year term loan, representing the buyer. The waterfront tower sits along the Miami River.