News
Presidium Snags Willow Cliff Lakeshore Apartments in OKC
The Dallas-based real estate investment firm announced an aggressive acquisition initiative in Oklahoma City and made its first purchase in the area, a 396-unit waterfront multifamily community.
Presidium Buys 516-Unit Multifamily Community in the Country’s Top Submarket
The local investor purchased the Dallas apartment and rebranded the property as The Link.
Upscale Senior Housing Breaks Ground in Baton Rouge
A joint venture between CR Properties and Cardinal Ventures is bringing senior housing with a resort-like feel to the Grove neighborhood.
Economy Watch: CMBS Loses Severities Steady in ’15
U.S. CMBS loss severities are steady year-over-year, rising only slightly to 45.7 percent in 2015 from 44.8 percent in 2014, and further solidifying the historical average at 46.6 percent, according to a new report released recently by Fitch Ratings.
Charlotte Lands New 271-Unit Multifamily Community
Capital Crossing at Whitehall will be situated adjacent to the 700-acre Whitehall Corporate Center and the planned Topgolf.
JLL Secures Acquisition Loan for 224-Unit Community in Grapevine
Prudential provided $18.3 million financing for Lakes of Williamsberg, in a deal facilitated by JLL’s Capital Markets team.
Suburban St. Louis Community Gets $11M Refi
Winslow started work on the first phase of the development in 2014 and completed it last year.
ULI Special Report: REITs Revitalize Philly’s Market Street
ULI 2016 Spring Meeting attendees toured recent and under-construction properties from Brandywine Realty Trust and Liberty Property Trust that are transforming Center City.
HFF Lands $77.5M Financing for Apartments in Major Colorado Markets
A REIT sponsored by Resource Real Estate Inc. was the borrower for two communities in Boulder and Centennial it previously acquired on an all-cash basis.
MHA Leads $27M Sale of North Carolina Communities
Multi Housing Advisors Charlotte team led the sale of Spring Forest at Deerfield and Chesterfield, two communities in the growing Triad Region of North Carolina.