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Marathon Development Lands $56M Loan for Virginia Project
The HUD 221(d)(4) financing will fund construction of 273 units in downtown Norfolk.
Cityview, Clarion Partners Buy Community for $161M
A major makeover is planned for the Los Angeles-area property.
Bridge Investment Buys $63M Arizona Community
The deal expands the company’s portfolio by more than 300 units.
Transwestern Development Co. Breaks Ground on Tempe Apartments
The project is expected to deliver in the fourth quarter of 2023.
Greystar Sells 30-Property Portfolio for $3.6B
The properties were initially acquired as part of its value-add fund series.
HSL Properties Secures $52M for Arizona Asset
The Fannie Mae loan will be used to refinance a recently completed community in Tucson.
Lendlease JV Lands $117M Loan for Chicago Community
The financing will go toward the second phase of its master-planned development.
Western Wealth Capital Acquires $76M Phoenix Asset
The community’s price has increased fivefold since it last traded.
Seagate Properties Sells Reno Apartments for $66M
The property’s price has almost doubled since it last traded in 2017.