Luxury
LaSalle Buys Twin Cities Communities
Clarion Partners earned approximately $68 million from the sale of the 241-unit portfolio, taking a loss compared with the seller’s acquisition cost of the assets in 2015.
Portland Tower Receives $97M Loan
The 348-unit rental community taking shape in the heart of the city’s CBD is being developed by Alamo Manhattan. HFF arranged the financing on behalf of the developer.
Terwilliger Pappas Sells Atlanta Asset for $75M
The 303-unit luxury community welcomed its first residents in 2018. The developer financed construction of the property with more than $40 million from Synovus Bank.
Chicago Towers Receive $62M in Equity
The 720,000-square-foot multifamily project consists of two 17-story buildings featuring roughly 590 units and more than 10,000 square feet of retail space.
Goldman Sachs Buys Nashville Community for $73M
The 321-unit luxury multifamily asset was sold by Lennar. The Canadian Imperial Bank of Commerce provided nearly $50 million in acquisition financing.
Security Properties Expands Its Colorado Portfolio
The Seattle-based firm acquired a 56-unit community in Castle Rock, Colo., for $16.5 million.
Nashville Luxury Tower Gets $90M Loan
Square Mile Capital Management originated the loan for a partnership developing The SoBro, a 313-unit community located in the South of Broadway neighborhood.
LaSalle Property Fund Purchases Phoenix Multifamily Community
The firm acquired the 488-unit luxury San Melia property in the desirable Ahwatukee Foothills submarket on behalf of its U.S. core open-end real estate fund.
Portland Luxury Asset Sells for $58M
The 182-unit rental building was completed in 2017 by Fore Property Co. and is located in the Southwest Hills submarket.
Koreatown’s The View Changes Hands
MWest Holdings acquired the 168-unit luxury asset from CIM Group, which had owned it for more than five years, shortly after it underwent a $25.5 million redevelopment.