Market Rate
Cortland Acquires Arizona Community for $97M
Institutional Property Advisors brokered the sale of the 415-unit MetroPointe in Tempe.
Providence Acquires 269-Unit Atlanta Property
Situated in the Perimeter Center submarket, The Stratford Apartment Homes are located less than a mile from the largest medical center in Georgia.
Capital Square Secures Construction Loan for Virginia OZ Project
The firm will use the financing for a mixed-use community in the Scott’s Addition Opportunity Zone in Richmond, Va.
Milwaukee-Area Community Gets Fannie Mae Refi
Greystone provided a $9.4 million Fannie Mae loan for a 300-unit property in Oak Creek, Wis.
Watermark Begins Construction on St. Louis-Area Development
Located in the suburb of O’Fallon, Mo., Avenue64 by Watermark is scheduled for completion by August 2022.
Morgan Properties Buys $323M Carolinas Portfolio
The firm has more than doubled its unit count in the two states by picking up 18 communities.
SL Green Tops Out Manhattan Mixed-Use Tower
The 209-unit rental community is taking shape under the state’s Affordable New York Housing Program.
IPA Facilitates Sale of 216-Unit Texas Property
Executive Director Will Balthrope, Director Jennifer Campbell, First Vice President Tommy Lovell and Associates Richard Robson and Will Griffin represented the seller and procured the buyer.
Equus Capital Buys North Dallas Apartments
The buyer financed the acquisition of the 245-unit community through a $30.7 million Freddie Mac loan.
Central Valley Community Sells For $22M
Arbor Realty Trust originated a $16.4 million Fannie Mae loan to finance the acquisition.