News
Berkadia Completes Sale, Secures Financing for MO Property
The Links at Parkville Apartments is a 244-unit multifamily asset in Parkville, near Kansas City. Senior Director Michael Sullivan, Director Brett Meinzer and Managing Director Alex Blagojevich worked on behalf of the seller.
Comunidad Realty Buys $55M Atlanta Assets
The two Norcross communities total 687 units and are located near the I-85 corridor. Both assets were subject to permanent Fannie Mae loans.
2 Affordable Communities Debut in Irvine
FivePoint Holdings, Related California and its partners recently debuted Luminaira and Espaira, two communities totaling 166 units for low-income families.
Meridian Capital Arranges $50M Construction Loan
SAMTD Woodbridge LLC will use the financing for the development of The Grande at Metro Park, a 232-unit apartment community in Iselin, NJ. The buildings will feature an 8,200-square-foot retail space.
Berkadia Arranges 593-Unit FL Portfolio Sale
Nova Eagle sold three multifamily assets in Jacksonville, Fla., for $27.9 million. The buyer was Infinity Acquisitions LLC.
JLL Secures Acquisition Financing for San Antonio Assets
JLL arranged financing on behalf of REEP Equity. The communities were both built in the 1980s and present value-add opportunities.
Weidner Acquires Seattle Community for $225M
Continental Properties sold the 313-unit Tower12 for $719,000 per apartment, a multifamily sales record for the area.
Denver Community Trades for $45M
HFF negotiated the transaction on behalf of the seller. ColRich Multifamily purchased the 272-unit property in southeast Denver from Jackson Square Properties.
Hamilton Zanze Expands San Antonio Portfolio
The company acquired Quarry Townhomes, located in the Alamo Heights submarket. The 150-unit community was purchased from Ares Management with a $19.7 million loan held by Freddie Mac.
Capital One Closes $44M Loan for SoCal Refi
Amberway Apartments in Anaheim, Calif., is a 34-year-old garden-style community with 272 units and luxury amenities.