Market Rate

PPD Holdings Eyes $111M to Build, Refi

The company received $47 million to refinance a pair of Greater Atlanta communities and awaits final approval of $64 million in construction financing for 464 units in Florida.

Market Rate

RADCO Expands GA Footprint With 38th Acquisition

The Atlanta-based developer acquired Ashford 6860, a 260-unit property in Norcross. The $22 million deal marks the company’s eighth purchase in the Gwinnett County submarket.

Slideshow

CBRE Closes Inland Empire Sale

Evart Street Apartments in Montclair, Calif., changed hands for $8.9 million, one of the highest per-square-foot prices for a multifamily property in the area, according to the brokers.

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Regions

Change City

Lena New Boston Breaks Ground on 41 Mixed-Income Units

The $200 million redevelopment of the former Boston State Hospital site entered a new phase, which will include 22 affordable units. The project is part of Olmsted Green, a 42-acre development in the heart of the city.
Boston 17 August 2017 21:17
RADCO Picks Up 7th SC Asset for $23M

RADCO plans to invest $3 million to renovate Radius at West Ashley, a 198-unit Charleston asset previously owned by Raia Properties.
South 17 August 2017 15:52
Greystone Scores $36M for DE Deal

The company worked with Fannie Mae and New York Mortgage Trust Inc. to secure financing for Concordia Properties, which purchased Autumn Park, a 360-unit community.
Philadelphia 17 August 2017 14:52
CBRE Brokers Sale of $56M Portland Community

The company represented the seller in the $56 million transaction of a 50-building community, Witham Hill Oaks Apartments, which was built in three phases, between 1968 and 1998.
Portland 16 August 2017 20:46
Cush & Wake Closes Sonoma County Residential Development Sale

Blackpoint Management nabbed a fully entitled site approved for 90 units in Rohnert Park, Calif. Cushman & Wakefield advised Aldridge Development on the $3.6 million sale.
San Francisco 16 August 2017 15:30
Jersey Asset Commands $147M Refi

New York Life originated a 10-year loan on behalf of Sterling Properties. The asset is located in a northern New Jersey market with high barriers to entry.
Northeast 15 August 2017 18:54
Taurus Snags $34M Raleigh Community

Acquired from Chaucer Creek Capital, the 23-year-old property in the city's Northwest submarket is slated for a major makeover.
South 15 August 2017 18:29