News
CRE Prices Dip For First Time in Six Years, Says Moody’s
Moody’s/RCA reported that its Commercial Property Price Indices’ national all-property composite index declined 0.3 percent in January 2016.
Park Partners Residential to Develop Florida Community
The 259-unit property is expected to be complete in spring of next year.
Pure Multi-Family REIT Acquires Two San Antonio Communities
Canadian REIT Pure Multi-Family closed on the agreement to purchase the TPC multifamily portfolio in San Antonio.
Nashville-Area Apartments Trade for $93M
The portfolio consists of Bellevue West and Highlands at the Lake, which together total 838 units.
Madison Realty Capital Nabs Midtown Mixed-Use Property
Madison Realty Capital and USAA Real Estate Co. have teamed up to acquire The Buchanan, a well-known mixed-use community that’s getting its first new owner in 64 years.
Admiral Capital, McCann Realty Acquire Howell Bridge Apartments
A joint venture formed between Admiral Capital Group and McCann Realty Partners to acquire Howell Bridge Apartments in Atlanta.
CBRE Secures Refi for Duke City Apartment Community
Prime Residential secured a $15.5 million refi through CBRE Capital Markets for an Albuquerque apartment community.
Alex. Brown Realty & Asset Campus Housing Acquire 316-Bed Dakota Ranch in San Marcos
Interior and exterior upgrades are planned for Dakota Ranch’s future after being acquired by Alex. Brown Realty Inc. and Asset Campus Housing.
Two Phoenix Communities Receive $73M in Funding
Mesa West is taking advantage of a strong multifamily market in Phoenix.
Peak Campus Names Chief Financial Officer
The CFO is responsible for directing and providing leadership for the property and corporate accounting teams which oversee financial management and reporting for in excess of 200 legal entities and more than $2.6 billion in real estate value.