Market Rate
Panorama Holdings Lands $45M Loan for Charlotte Project
The loan will go towards the construction of a 314-unit community near the University of North Carolina at Charlotte.
Greystone Brown Brokers $27M West Atlanta Deal
Walter Miller, Barden Brown, Cory Caroline Sams and Jim Jarrell arranged the sale of the 230-unit community.
HiCap Enters Utah Market With Salt Lake City Buy
CBRE Capital Markets provided financing for the acquisition of the 88-unit community.
Trion Properties Purchases Bay Area Community for $21M
The deal marks the first time the property was made available for sale since being built in 1969.
Dasmen Residential Sells Charlotte Community for $48M
The new owner financed the acquisition of the 341-unit property with three loans totaling $42 million.
FirstService Grows Washington, DC Portfolio
The company will provide property management services to a 161-unit co-up building in the Adams Morgan neighborhood.
CBRE Facilitates Sale of Los Angeles-Area Community
In July, CBRE’s brokerage team also arranged the sale of a 72-unit property in Los Angeles’ Koreatown. The community sold for $32.4 million at a 4 percent cap rate.
North St. Petersburg Community Receives Refi
The $7 million mortgage retires $6.3 million in acquisition financing provided by C-III Capital Partners in 2018.
Generic Management, CAF Capital Buy Plano Property for $63M
Phillips Realty Capital advised the partnership on its acquisition of the 459-unit EVOKE.
Presidium Breaks Ground on Dallas Apartments
The 290-unit project marks the developer’s first new construction since the start of the pandemic.