News
Hamilton Zanze Nabs CO Community
The apartment community, containing more than 300,000 square feet across 364 units, sits near Interstate 25 on the north end of Colorado Springs.
Top 10 Dallas Apartment Owners
The city continues to enjoy a thriving economy and a growing demographic expansion. However, as a result of the recent construction surge, the metro’s average occupancy rate decreased last year.
Starwood to Buy $600M FL Affordable Housing Portfolio
The company plans to acquire some 6,185 units through this deal. Due to timing of regulatory approvals and the assumption of in-place financing, the transaction is expected to close in phases.
Draper and Kramer Breaks Ground on Boutique Community
The upcoming luxury building will be located on the last undeveloped site on North Lake Shore Drive, in Chicago’s Gold Coast neighborhood.
Luxury Boutique Manhattan Property Lands $50M
Aview Equities’ 23-unit community underwent a multimillion-dollar revitalization in 2013, including complete renovation of the residential units, the repositioning of the retail space and upgrades to the common areas and building systems.
CBRE Arranges Portland Community Sale
Graham Taylor represented the seller, Kehoe Northwest Properties, in the $25.5 million transaction. The buyer plans to invest $1 million for common amenities upgrades.
Northwest Properties Snags 216-Unit Houston Community
Seneca Investments sold Stoneleigh on Spring Cypress, an 11-building market-rate multifamily property in Spring, Texas, to Hayden Properties.
DC Community Receives $58M Loan
Citizens Bank arranged the loan for a 295-unit, Class A apartment community located in the Brookland neighborhood, northeast of the city center.
Hunt Mortgage Secures $14M for NC, VA Properties
The loan was for the acquisition of Fiddler’s Creek Apartments in Winston-Salem, N.C. and Baywatch Pointe Apartments in Virginia Beach, Va.
JV Invests $1B in Student Housing Portfolio
The 24 assets, purchased by Scion Student Communities, span 20 university markets and total 13,666 beds. Twenty-two of the properties were acquired from Harrison Street Real Estate Capital.