Luxury
ARA Newmark Closes Record Denver-Area Sale
The 26-unit community was constructed in 2015. The sale marks the company’s highest per-unit multi-housing trade in Colorado.
CIM Group Trades 138-Unit Boulder Community
The Los Angeles-based company sold 9Seventy, a newly constructed project adjacent to the University of Colorado. At the time of the transaction, the property was fully leased.
PSRS Snags $80M Loan for CA Community
Pacific Southwest Realty Services arranged the mortgage for Hollister Village, a new luxury Class A residential development located on a13.7-acre site west of Santa Barbara.
BRT Nabs 3 St. Louis Luxury Communities
Through joint venture partnerships, the REIT purchased Vanguard Heights, The Tower at OPOP and The Lofts at OPOP for some $75 million. Meridian Capital Group arranged financing for all three acquisitions.
Torchlight Provides $80M Refi for Suburban Chicago Community
The firm recapitalized 500 Station, a 417-unit asset in Aurora, Ill., with senior and mezzanine financing. Aurora is connected by local shuttle to the Route 59 commuter rail station, which offers express service to central Chicago.
Charleston Adds 110-Unit Luxury Community
The Berry Cos. and Big Cypress Capital developed Cainhoy Pointe, a gated apartment project adjacent to the Cainhoy Plantation master-planned community.
Mill Creek Begins Construction on Dallas Luxury Apartments
In a joint venture with Abington Properties, the company secured construction financing with UMB Bank for the six-story, 190-unit upscale community.
Clemson University Gets New Housing
Stonemont Financial Group began construction on the 45-bed mixed-use community in fall 2016, which will be opening in August 2017. The company hired Advantage Property Management to manage the community.
TH Real Estate Scores 2017 EPA ENERGY STAR® Partner of the Year Award
The award marks TH Real Estate’s tenth consecutive year as a Partner of the Year, and its eighth consecutive year at the Sustained Excellence level.
Gables Pointe 14 Shapes Up
Gables Residential began construction of a 370-unit upscale community comprised of two buildings and 16,000 square feet of modern amenities.