News
Steadfast REIT Invests $35M in Atlanta Community
Steadfast Apartment REIT III invested nearly $320 million in multifamily assets. The newly-acquired property will receive thorough interior and exterior renovations.
Berkadia Arranges $157M Loan for CA Properties
The company worked on behalf of Realty Center Management, which used the Fannie Mae loan to refinance existing debt on four assets.
Glasshouse Breaks Ground in Pittsburgh
Station Square Apartments, located across the river from Pittsburgh’s central business district, is slated to feature 319 Class A units and ground-floor retail space.
$277M MD Portfolio Changes Hands
The four-asset NOAH portfolio brings Morgan Properties’ total multifamily investments to $1.2 billion and more than 8,600 units during the past year.
Climb Markets New Bay Area Apartments
The newly constructed market-rate community in Point Richmond features a roof deck, bicycle parking and landscaped common areas in an accessible location.
LaSalle Investment Management Buys CO Community
The 20-building property was 93.1 percent occupied as of October. The community is close to major employment centers such as Denver tech Center and Lucent Business Park.
RED Mortgage Welcomes New President
Trent Brooksbrings more than three decades of executive leadership experience in the multifamily industry.
MA Multifamily Property Lands $24M Refi
Hunt Mortgage Group has provided a $23.5 million refinancing loan for South Coast Landings, a 240-unit multifamily property, located 18 miles southeast of Providence, R.I.
Blaze Partners, Bailard Snap Up Atlanta Apartments
LIV Development completed 1760 Apartment Homes in Lawrenceville, Ga., earlier this year. The community includes 239 units and amenities such as a cyber cafe with a coffee bar and a Cross Fit training area.
Student Housing Trades near Indiana University in Bloomington
The 333-bed student community is conveniently located less than a half-mile from the Indiana University Bloomington campus. At the time of the transaction, it was 100 percent occupied.