News
Luxury Mixed-Use Project Kicks Off in Texas
The 298-unit property will be situated one block away from the University of Texas at Arlington and will also offer 9,000 square feet of retail space.
JV Buys 400 Units in VA
The partnership acquired 77 buildings of the total 95 at the Newport News community. The acquisition is the fourth for Brick Lane in this area, and the first for Red Starr in the last five months.
SOJO to Develop Brownstones in North San Antonio
The SOJO Commons townhomes will be energy-efficient and solar ready, with prices starting from the $500,000s to the $800,000s.
CIM Group Breaks Ground on CA Project
Plans for the eight-story building call for more than 300 apartments above street retail in Oakland’s Jack London Square district.
Interra Realty Closes Sale of Vintage Chicago Community
The 12-unit Avondale multifamily property sold for $2.8 million. The price per unit set a new record for vintage apartment buildings in the neighborhood.
TMG Facilitates Sale of California Community
The property located in Visalia, Calif., traded to a Santa Barbara-based private investment group for $19.2 million, which equates to $131,507.
HFF Arranges Recap of OR Community
HFF Senior Managing Director Ira Virden and Director Carrie Kahn were part of the investment advisory team overseeing the recapitalization of the 208,247 square feet property.
Greystone Sells Stake in FL Community
Alta, property’s co-developer, acquired the remaining residential stake in 2500 Biscayne Blvd. in Edgewater, which includes 156 units.
Prana Investments Buys 3 in LA for $18M
The portfolio acquisition is a value-add transaction, with the firm planning to invest in renovations at the communities.
Tampa Bay Development Receives $35M Loan
DevMar Development received the mortgage to construct The Vantage, a 211-unit property in the Edge district of St. Petersburg.