News
Greystar Nabs Class A Community in Seattle
Zig Apartments features 170 residential units and ground-floor retail. Amenities include a fitness center, a business center and 108 parking spaces.
Dwight Capital Expands Footprint
Over the course of 2017, the company funded 22 FHA loans totaling nearly $338 million spanning across Texas, Nevada, New York, Oregon, Georgia, Washington and Tennessee.
Delshah Capital Buys Manhattan Apartments, Plans Renovations
The company acquired 138 Ludlow St., a 1920-vintage, six-story walk-up on the Lower East Side, for $18.9 million.
TruAmerica Nabs Orlando Asset for $53M
McDowell Properties sold the 362-unit gated community. The new owner plans to renovate the building.
Job Diversity Sustains Denver’s Economy
Employment and population gains are pushing up demand for apartments across the metro, which had roughly 26,000 rental units under construction as of November.
Berkadia Facilitates $46M Loan for IA Student Housing
Senior Managing Director Peter Benedetto and Associate Director Aaron Moll, both of Berkadia’s Detroit office, arranged the bridge loan on behalf of The Tailwind Group.
Tucson Asset Trades for $12M
The city has seen numerous firms invest in the area over the past few years, creating extensive job opportunities across multiple industries.
Hunt Mortgage Secures $4M for AZ Assets
The Tucson properties are adjacent to each other and comprise a total of 158 units with a combined size of 190,512 square feet. The communities were acquired by RGCD Investments.
Garden Community Fetches $28M in Birmingham
The acquisition of the 24-building property was funded by a 12-year, $20.7 million loan held by Fannie Mae.
Austin Luxury Condo Tower Tops Out
Fifth & West boasts 315-degree vistas, due to its unconventional triangular shape and location within the Capitol View Corridor. It is anticipated for delivery later this year.