News
DFW WaterWalk Hybrid Property Breaks Ground
The hospitality and residential development comprises 153 hotel and rental units and is scheduled to open by late 2018.
Retirement Community Breaks Ground in Suburban Chicago
The 100-unit property, developed by Senior Lifestyle Corp., will encompass assisted-living apartments and memory care residences and is expected to be completed by the end of 2018.
CRC Nabs $80M Buckhead Community
Millworks was completed earlier this year and its location facilitates residents’ access to employment opportunities, transit and education. The transaction represents a value-add investment for the company.
Inland Real Estate Lends a Hand in Colorado Sale
The brokers arranged the $36.1 million deal on behalf of an Inland affiliate. Landbank Investments was the seller.
Opus Completes 2nd Missouri Luxury Community
The 120-unit Ceylon Luxury Apartments is located in Clayton and joins the recently completed Citizen Park. Smoothie King will be the community’s first retail tenant.
Kennedy Wilson Buys $135M WA Community
The three five-story buildings offer a mix of studios, one- and two-bedroom units averaging 827 square feet. The community is close to various park, trails and hiking trails.
Dougherty Closes $21M Loan for 288-Unit Buy
Dougherty and Old Capital Lending arranged a Fannie Mae acquisition loan for Brookside Apartment Homes in Arlington, Texas. The companies worked on behalf of the borrower.
Former Maine Church Becomes Senior Housing Community
The construction of St. Ignatius, a 66-unit senior housing community in Sanford is now complete. WNC provided $8.6 million in LIHTC equity to help fund the project.
Top 10 Denver Apartment Owners
A booming economy paired up with an accelerated increase in population have resulted in an influx of multifamily investors in Denver during the last five years. According to Yardi Matrix data, Starwood Capital emerged as the area’s top property owner, with a portfolio consisting of more than 9,000 units.
GFI Acquires Newly Built Dallas-Area Community
Davis Development sold Venue Craig Ranch, a 277-unit, garden-style multifamily property in McKinney, Texas. The buyer is an affiliate of GFI Capital Resources.