News

Denver Workforce Housing Commands $53M

Oak Coast Properties acquired the majority interest in the 384-unit Villas on 76th, increasing its hold in the area to 3,000 units.

Walker & Dunlop Closes $1.9B Acquisition for Greystar

The company financed Greystar’s acquisition of Monogram Residential Trust, including 36 distinct loans on properties throughout the U.S. This represents the largest financing in Walker & Dunlop history.

Theory Raleigh

Peak Campus Launches Theory Brand

The company is introducing its brand at two new student housing developments in Raleigh, N.C., and Syracuse, N.Y. Theory Raleigh and Theory Syracuse are slated for completion by the fall of 2018 and will feature a combined 1,126 beds.

Quail Ridge Apartments in Plainsboro, N.J.

Kushner Cos. Lands 1,032-Unit NJ Community

A joint venture between Angelo, Gordon & Co. and Candlebrook Properties sold the asset in Plainsboro, N.J. The buyer assumed the in-place debt on the property.

Southern Land Opens First Denver Community

The 302-unit luxury property is located a few miles northwest of downtown Denver, in close proximity to the Denver International Airport. Centric LoHi also offers approximately 9,300 square feet of retail space.

Rendering of Union of Carrollton Square, Tx, Phase III

High Street, Olympus Take TX Luxury Community to Next Phase

The first units at Union at Carrollton Square Phase III are expected to be open for occupancy in late 2018. In addition to the 352 apartments, the developers are scheduled to deliver more than 4,000 square feet of retail space.

Avesta Communities Enters CO Market

The company plans to implement a renovation plan that includes improvements made to the common amenities and to the unit interiors.

HFO Investment Secures $58M OR Sale

Built in 2007, the community offers one-, two- and three-bedroom units. Latitude is in close proximity to various retail, dining and entertainment venues.

Fifield Fetes Grand Opening of The Sinclair in Chicago

The luxury rental community adds a large slate of upscale units to Chicago’s Gold Coast neighborhood, spurring talk of a resurgence.

The Metropolitan

Michaelson Acquires 520-Unit TN Community

Purchased for $48 million, The Metropolitan features one- and two-bedroom floorplans. The community has undergone a multi-million dollar renovation over the past few years.