News

ERC Cos. Breaks Ground on MO Luxury Apartments

PURE St. Peters Apartments is a 143-unit, pet-friendly community that includes onsite management through 2B Residential.

Main Street Residential Acquires $20M GA Property

The 214-unit View 75 in Marietta will be rebranded under the company’s Signature name and undergo a $2 million renovation.

Greystone Provides $36M for MI Asset

Gables of Troy, a 544-unit community in metro Detroit, will receive a HUD-insured Green Rewards refinancing loan. The 35-year mortgage carries a low, fixed interest rate.

Arbor Realty Adds New SVP

Bill O’Brien will oversee the growth and development of agency production after serving for 10 years as director of multifamily at Fannie Mae.

Preferred Campus Communities Picks Up Texas Student Housing

The 808-bed asset, which was completely renovated by Haven Campus Communities in 2017, is located one block from Texas A&M University.

Colliers Arranges $26M Miami Land Sale

Executive Vice Presidents Gerard Yetming and Mika Mattingly represented the seller, RAD Miami, in the disposition of the roughly 6-acre vacant parcel.

Stockbridge Snags $120M FL Community

Walker & Dunlop represented HG Management in its disposition of The Quaye at Wellington, one of the highest per-unit sales for a garden-style community in Florida.

Haas Door Introduces New Tempered-Glass Styles

Insulated-glass options are available across all aluminum and steel product lines, offering a variety of decorative options.

Levin Johnston Directs $15M CA Sale

Old Adobe Management Co. sold the 30-unit Velocity at Sequoia Station in Redwood City. During its ownership, the company renovated and repositioned the property.

South Texas Asset Receives $40M Refi

Meridian Capital Group arranged the financing for Watermark Residential’s 324-unit property located in Corpus Christi. Israel Schubert, Peter Martz and Akiva Friend facilitated the deal.