News
Wood Partners Acquires Value-Add in Denver Suburb
The Grove at City Center has been acquired by Wood Partners for an undisclosed price tag.
Homeless Housing Breaks Ground in Albuquerque’s Rescue Mission
Two Affordable Housing Program (AHP) grants totaling $786,000 were awarded in 2015 to the Albuquerque Rescue Mission by New Mexico Bank & Trust and FHLB Dallas.
Student Housing Portfolio Near Purdue Commands $47.2M
One of the largest student housing portfolio in West Lafayette was recently sold through 18 separate transactions.
Vitus Group Buys, Maintains Affordable Housing in Philadelphia
Vitus has acquired 590 senior housing units in Philadelphia, which it plans to renovate and preserve as affordable for another 30 years.
Thorofare Capital Originates $24.77M in Multifamily Bridge Loans
The financing is designated for two class B communities in Texas and Florida.
Pure Multi-Family REIT Expands Portfolio by $117.5M
The Canadian Pure Multi-Family REIT acquired two San Antonio apartment communities.
Hunt Mortgage Group Provides $118M Loan for Texas Portfolio
An eight-property portofolio in Dallas, Fort Worth and Houston recently received an $118 million acquisition loan from Hunt Mortgage Group,
Investors Snap Up Brooklyn Mixed-Use Properties
The Brooklyn properties sold for more than $10 million combined.
Cody Langeness Appointed President of Red Stone Tax-Exempt Funding
Multifamily real estate financing company Red Stone appoints Cody Langeness as president after James Spound steps down.
Construction Starts on Austin’s Next Skyline Topper
Developers begun construction of The Independent, the 685-foot tall structure set to change Austin’s skyline. The tower will encompass 370 condos.