News
Sage Equities Lands Atlanta Refi
Grandbridge Real Estate Capital’s Alan Tapie originated the nonrecourse refinancing package of more than $25 million, which will enable the owner to implement energy and water efficiency measures.
AndMark, Trinity Increase GA Footprints
The property, which contains a 115-unit mix of one- and two-bedroom apartments, sits on 18.3 acres approximately 10 miles south of Macon.
MG Properties Buys 312-Unit Sacramento-Area Community
Located at 6801 Leisure Town Road in Vacaville, CBRE arranged a $55.9 million Freddie Mac acquisition loan for North Pointe Apartments on behalf of the buyer.
ERC to Build St. Louis-Area Luxury Apartments
The developer plans to break ground on the 220-unit high-end community in May this year and complete construction by early 2019.
Talonvest Secures $7M Acquisition Loan
The firm arranged the loan on behalf of Multifamily Investment Partners for a 42-unit community in Van Nuys, Calif.
Oakwood Worldwide Increases Asian Presence
The company plans to double its portfolio in 2018 with properties, including a 144-unit community in Yangzhou and a 163-unit community Sanya, both in China.
Fogelman Adopts Yardi Matrix Platform
The firm plans on using the data about supply, demand, sales, loans, leases and other factors to identify markets they might consider investing in.
Heavy Demand Powers Development Surge in Indianapolis
The apartment boom continues in the city, spurred by demographic factors and a strong economic engine.
PAC Sells $43M Suburban Raleigh Asset
Built in 1997, the 328-unit Lake Cameron was the oldest property in the company’s portfolio, having most recently traded in 2006 for just above half the current price.
Victor Group, Lendlease Top Out on NYC Skyscraper
The 55-story, ultra-luxury 277 Fifth Avenue condominium tower, designed by Rafael Viñoly, will feature 130 one- to four-bedroom apartments.