News
Ft. Lauderdale Class A Asset Trades for $53M
Urban Street Development and Fazio Properties recently completed 191-unit luxury community, which is in the city’s urban core. The property was 95 percent leased at the time of the sale.
JV Lands Equity, Construction Financing for Brooklyn Development
Lonicera Partners and Orange Management secured the $42.1 million, which was facilitated through JLL’s capital markets group, for a mixed-use luxury condo building.
Thriving Economy Fuels Dynamic Market in Charlotte
The city’s robust growth is attributable to its flourishing economy, low cost of living and high quality of life.
Fort Worth Community Selects New Management
Allied Orion Group will oversee the operations of One Real Estate Investment’s 224-unit market rate property, positioned south of the Tom Landry Freeway.
Impact Seven, Rule Enterprises Start Milwaukee Affordable Community
The new $12.2 million development will consist of 60 units open to military veterans and working families. On-site support services will also be provided.
Aimco Acquires $160M VA Community
Bent Tree is located in Fairfax County, 25 miles west of downtown Washington, D.C. The property features 758 one-, two- and three-bedroom units.
HFF Secures Financing for 2 Dallas Assets
Greystar is developing two residential projects in North Dallas, including a 180-unit luxury townhouse property and a 197-unit age-restricted community.
The Midwest—The Hottest Market for Smart Communities
Smart home systems are a perfect differentiator for many developers and managers. With many new smart communities popping up across Midwestern cities, we’ve asked IOTAS CEO & Founder Sce Pike to discuss the attractiveness of smart projects in this region.
Walker & Dunlop Secures $34M HUD Loan for VA Community
Dwight Dunton III of Bonaventure Realty Group and Philip Roper III bought Meridian Parkside in 2016. The financing will be used to pay off a portion of the ownership’s assumed debt.
Beachwold Sells 2 MD Properties
Greysteel facilitated the deal for Largo Center and Vistas at Lake Largo, both located in Upper Marlboro.