News
Greystone Closes $77M Transaction for SC Portfolio
The initiative recapitalizes and preserves the affordability of 18 communities. All the 762 units are restricted to low-income households and will undergo renovations to improve the exteriors and interiors.
Trammell Crow Breaks Ground on Garden-Style MA Apartments
Alexan Billerica, a three-building, 178-unit community in Billerica, Mass., is expected to be completed in December of 2018.
Capital One Secures $551M for Sentio REIT Buyout
The company provided two loans, a $251 million bridge loan and a $300 million Freddie Mac senior housing revolving credit facility.
Decorative Blades Absorb Sound
Multiple people with varied schedules living in one building means noise from different directions at different times. EchoBlades, designed by Kirei, are sound-muffling design pieces that fit easily into traditional ceiling tiles.
Hollywood Apartment Community Trades for $11M
NNC Apartment Ventures expanded its California portfolio with value-add 42-unit residential property. The asset is located near popular destinations.
ACH Opens 125-Unit Student Housing in FL
The company serves as the manager and developer for the 434-bed community. Domain at Tallahassee serves Florida State University students.
JV Completes SC Mixed-Use Student Housing
The 706-bed community offers a mix of studios and two- to five-bedroom units averaging 1,116 square feet. Additionally, 114 Earle includes 7,000 square feet of retail space.
Capital One Refinances Illinois Nursing Facility
The $21.5 million fixed-rate HUD loan will be used to refinance Avantara Long Grove, a senior nursing facility in Long Grove, Ill.
LMC to Open 322-Unit Dallas Community
The first phase of The Briscoe, a community located in Dallas’ Park Central District, will open its doors at the beginning of next month. The company has already started pre-leasing for the asset.
Capstone Expands Texas Portfolio With 4 Communities
Capstone Real Estate Services was awarded management of Sansom Park, Riverwalk, Hays Junction II and St. Paul’s Square Senior. The properties total more than 450 units.